It seems like there is an epidemic of Servicing Co's and Bpo Co's that are just not paying.
This platform is a good source of information for agents to share their experience with others to avoid
loosing money and time on these companies that wish to deal in dirty business practices. If you complete an order based on agreed terms & price, there should be NO reason you should not be paid.
The names of a few companies that Pay on time and every month.
1. RRR
2. E Mortgage logic
3. Single Source
4. Specialized- sam
5. Ocwen
The names of some THAT DO NOT PAY !
1. IAS - Integrated Asset Services
2. Bpo.com Broker Price Opinion
3. Trans continental
4. NREIS
5. Main Street Valuations AKA Bpo Fulfillment
6. Valuation Partner's
Replies
Highly agree
Thanks for the heads up!!! I only have 1 BPO that I completed for BPO.COM just a few days ago and will not complete more for the. Also IAS. Thanks guys!!!
I used to do BPOs for Equi-Trax, but they're 45 days out at best. Too long to wait for work done. I turn them down now.
Equi Trax does pay. 2 agents in my office do BPOs for them if they are bored and have nothing else going on and have always been paid.
"2 agents in my office do BPOs for them if they are bored and have nothing else going on"
And they will fail at RE because an agent has to MAKE THINGS HAPPEN! Nothing else to do! WOW, what a bunch of lazy dumbasses.
"Nothing else going on!" Damn I can't believe it.
They pay, but definitely not bi-weekly. The last one they paid me for took 3 months.
Sadly, one of my favorites no longer pays. IAS
There was a story in Denver Post about IAS this week: http://www.denverpost.com/business/ci_23652481/denvers-integrated-a...
Thanks
Thanks for sharing that article .... Embarrassingly, I admit to being owed quite a bit from IAS. No one there will respond to my emails and phone calls.