Asked to evaluate a pool of properties

Replies

- Janet Frederick NRBA, CRS, ABR > Jim Godwin, NRBA, RDCPro December 15, 2009 at 10:50am
  
  Jim,
  I signed up with Lighthouse a while back, but this order came directly from Kondaur. I have not heard anything from them after I did the work. I'm hoping that I will hear something! Thank you for your post!
Darryl Joyner December 8, 2009 at 11:32am

I just got a call from them for one CMA. AM says that he found me using Trulia which I frequently list property on. I will complete this one CMA and see how it goes. Researching the company they seem solid and comments here are good. They state that they will will and acquire the property within 30 days then list. It seems like a good relationship to establish.
- Janet Frederick NRBA, CRS, ABR > Birgit Anglin November 16, 2009 at 8:46am
  
  Is it customary that you do not get paid for the evaulatio? Did it result in listings for you?
  - Jesus (Jesse) Gonzalez > Janet Frederick NRBA, CRS, ABR November 16, 2009 at 8:55am
    
    I told you somebody would know something....congrats!
  - Vitaliy Mikshanskiy > Janet Frederick NRBA, CRS, ABR November 16, 2009 at 8:54am
    
    That is correct you will not get paid for valuation. But out of 14 properties you have a good chance to list some of them.
Corey Barnes November 18, 2009 at 10:45am

That company is a hit or mis. I completed a bpo for them and it turned into a reo. I sold the unit before I even had it listed. They started calling me left and right to do free bpos. I was doing roughly 3-6 a week for 2 months. Then they dropped a big portfolio on me of 20 units. The same song and dance. If they buy the properties then I will get to list the unit. After all said and done I have never heard back. Also to mention I had the 20 units done within 48hrs of the call....
I have followed up several times and get different stories from different employees. At this point I no longer do bpos for them...... Good Luck...
Kimberly LaBell November 17, 2009 at 4:44am

Janet,
I have been approached by Kondaur 4 times, each time re large pools they are bidding on. I have done over 20 BPO's and none of them have resulted in a single lead. I just got the call myself to help on 17 assets in Detroit. I finally made the decision to turn it down. I guess it depends on your market. Most people walk on pool in Detroit that could be the difference. Good luck.
Jesus (Jesse) Gonzalez November 17, 2009 at 3:18am

Ok, well, I am hearing about all this good stuff with Kondaur so, is anyone willing to share how to get involved or....willing to throw a lone wolf a bone?
- Karla Totten > Jesus (Jesse) Gonzalez July 22, 2010 at 12:41pm
  
  I filled out an application months ago and never heard from them. Then lo and behold 4 CMA requests in 1 day with 24 hr turn around.They told me I was on their preferred agent list. Good to know after all this time.!
- Janet Frederick NRBA, CRS, ABR > Jesus (Jesse) Gonzalez November 17, 2009 at 4:39am
  
  Jesus,
  The AM found me on REONetwork, but they do have a website where you can sign up. www.kondaur.com

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