Howdy gang,
I've used DispoSolutions in the past and although they were never the busiest portal, I always got a decent amount of work to justify the $300 fee.
In the past six months, I signed back up and have gotten a few BPOs out of them, but was wondering if anyone is still getting listing assignments through them. In your opinion, is it worth the $300 membership at this stage of the REO game?
Replies
30 zip codes... must be highly populated metropolitan area. If I listed that many zip codes I'd be way out of my market territory! If I stretch it, I may be able to claim a dozen zip codes...
Maybe I'll try a year at $75 and see if I get any results. I've gotten BPO work through them and most companies that I've taken work from pay a decent wage for a residential valuation... and a better wage for a commercial valuation (on the same residential form!).
I can part with $75 and see what happens.
Thanks everyone for the feedback!
Have you had any luck?
Nothing in regards to listings... but I've still managed to pick up some more residential and commercial BPOs. The portal more than pays for itself, but I don't really want to be a BPO guy...
$300 for paying membership ? You got to be kidding,
Why in the world would you pay anyone to get a nibble every now and then or maybe nothing at all. They should be paying us. I just don't understand why some agents pay $300-$400 or $500 to get $100. worth of business a year.
Amen, seems the more I paid the less I got. Used to be a client would have 2, 3 or 4 agents in an area and if you did good work you got assignments. If we're willing to pay $300, $400 or more just to be in the system and "maybe" get business then they're going to sign up 50 agents and give them all 1 or 2 a year instead of having 2 agents getting 20 or 25 a year.
Usually I wait until I have a listing assignment to sign up for the portal the asset management company uses. The one exception is RES.net as I have no problem parting with $700 a year for the income I've made through that portal.
See... some portals make sense (Equator used to!) and some don't. I was hoping for agent experience to help me determine whether or not it made sense in this regard. By the looks of things, the $75 membership is the way to go (unless I can charm them like CECE and get a year for free!).
I bought basic membership for that i paid $ 75 i did not get any work so i decided not to renew.
Several years ago I signed with DispoSolutions for the basic fee, just to see how they are. I never got anything from them. The following year, when renewal came up, I asked them why I should pay them for the privilege of never getting any work from them... but I foolishly renewed anyway, thinking that I surely should have something in a two-year period... nothing. I guess I should be glad that I didn't get caught-up in the fee fee fee I'm reading about here.