Replies

  • No listings, long waits for payments,  I no longer prepare any BPO for them and they have quit asking.

    Lelia Holton

  • Is this Broker Price Opinion dot com you are talking about? Always sending e-mails "New Orders Available."

  • Did BPO's for years with this company but stopped as they will not pay unless you call for months!  I would need to call and call and call and eventually they would send you a partial payment. They still owe me about $1000 and it has been about 2 years and I have not received payment. No listings  

  • BIG BIG BIG NOOOOOOOOO they do not pay.  They say they do but try and get a check from them.

  • Hi Abe

    Don't get to happy.....I've been told that many employees work from home and their address is Executive office space with few if any employees....if true all equipment and furniture is leased

  • Reply by Paul Ulrich on August 1, 2014 at 8:26amDelete

    brokerpriceopinion.com and First Valuation....You Should Be Aware Of Their Business Practices
    The following has been forwarded to the Colorado Attorney General, Fraud Division. They are responsible for contunuing this fraudulent solicitation scheme and I will continue to pursue yourself as well as others who knowingly deceive real estate agents. You cannot claim ignorance as a Defense
    Attention: Marcia Waters, Colorado Attorney Genreal, Real Estate Fraud Division
    My name is Paul Ulrich. I am an agent and live in Boston. I was solicited by a company in Westminster Colorado. Company goes by 2 names, brokerpriceopinion.com” and “First Valuation”. The address for both companies is 8700 Turnpike Drive, Westminster CO. 80031. The telephone number is 303-991-9919.

    My complaint is against both the companies as well their employees who are soliciting agents, like myself, to perform work. Work Orders which they have no intention of paying for. The solicitation comes in the form of a call from one of the “Boiler Room” solicitors called “Broker Coordinators” asking if I would conduct a “Broker Price Opinion” on a certain property. This work requires that the person being solicited drive to a certain property to evaluate its condition. It requires taking pictures of the property, personally evaluating the property condition and comparing it to other properties in the area that are similar The process usually takes at least 4 hours to complete and then you submit a report Once the company receives the report and accepts your work, the work order is listed as complete. …. For this you are supposed to be paid a fee (in my case anywhere from $40 to $75 per work order. The company originally told me they would pay in 30 days (they deny telling me that). When I inquired the next time concerning payment, they told me 60-90 days for payment. When payment did not occur in this time frame, they said 90 days. It’s a game they play to push payment out as far as they can so not to pay at all.

    I have completed 38 work under my name as well as 7 work orders placed with the real estate office that holds my license. That is a total of 45 completed work orders for which they owe me $2,000+.

    The company has over 440+ complaints with the Colorado Better Business Bureau and has an active class action suit  filed in the Denver District Court for exactly what I am filing this complaint…..NON PAYMENT.

    Of course like many before me, I didn’t check the company’s BBB file until I got concerned of this SCAM. That’s when it became clear that this was FRAUD…. Fraud conducted by not only the company but also their employees/solicitors who are very aware of this deception and on a daily basis continue to solicit real estate agents, like myself, knowing full well the company has no intention of paying for work completed.  As I stated, this complaint is not only being filed against the company and its ownership. This is also being filed against their employees as well. Those who call on behalf of the company to solicit real estate agents to work as independent contractors are well aware of this scam. Employees such as: Sarah Sandoval (Accounts Payable), Broker Coordinators… Jennifer Echavarria, …Alex Gere, ….Brandy May, ….Marissa Rodriguez, …Lisa Gere, ….Cassandra Ulibarri, ….Vicky McCulloch and …Roberta Haugen. These are some of the Broker Coordinators that I have dealt with. They continue recruiting new agents with this deceptive practice.

    I would like to be paid in full….IMMEDIATELY.

    Their record with 440 complaints with the BBB and the active lawsuit speaks to their lack of integrity and that of their employees

    There’s a total of 45 work orders that need to be paid.

    I was paid within 2 weeks after this and many other emails because I aggresively continued to target their employees with emails and updates..sometimes up to 10 per day

     

    All The Best
     
    Paul Ulrich
     
    617-590-8994   Cell

    Paul Ulrich's Discussions
    Paul Ulrich's Discussions | A free & open professional social network for real estate professionals who specialize in REO and BPO's
    • Great job Paul! Please add me to your report profile 843.254.7244 queenbpo@gmail.com Myrtle Beach, sc area

  • Hey Abe, I did 4 a few months back just to see if they cleaned up their act. They are still pulling the same game. I filed a complaint with the BBB, Rip-Off report and filed a complaint with the California AG. I got a letter back from the AG that basically stated what I needed to do that I was already doing anyway. I had even contacted my states Dept of Real Estate to see what they could do. They were useless. Their thing is to protect the consumer from bad brokers and agents.
    But anyway, my first letter to Broker Price Opinion was the demand for payment. The second was the demand for payment or be sued in small claims and have liens placed on the properties. Their time has just about to run out. They have until the 28th of this month to make payment. 

    This is not the first BPO company I've had to do this to. Thanks to my lawyer buddy I have successfully sued 5 other BPO companies. Three have paid up and two have not. In all the cases none have shown up in court and I seriously doubt Broker Price Opinion will. These companies don't realize that it is better for them to pay that $40, $45 or $50 BPO. Because if they don't and get sued, it ends up costing them an easy $100 plus 10% interest monthly for however long it takes them to pay.

    We Brokers/Agents need to start standing up to these BPO companies. Otherwise they will continue to abuse us and not pay us for our work. Other business professionals won't tolerate getting stiffed. So why should we be any different.  

  • Has abtibe gard if REO Professionals of Wilmington Deleware?  I hjust got a phone call from them wanting me to list 2 properties but it costs $400 for their platform.    I am unsure obout them but do not know how else to check them out  except for the BBB.  Any help is appreciated.

  • no pay and they only offer 35.00 I laughed at the when they called

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