Does anyone have any feed back about Absolute REO solutions

Replies

- Linda McKissick > Buell ( Hal ) Burgess October 1, 2009 at 3:57am
  
  I agree. Thank you Anthony for coming to this site and clarifying several things for us.
  
  As with any "Hot Commodity" there are many companies creating or changing the way they do business to requiring a fee to sign up or continue with the company. After investing money to the 'well knowns', I feel I am a good business person to check out the new players and little known companies that are now coming forward with a fee to register game plan.
  
  To me it seems I would register as many agents as I could (cost you nothing but the software, I think) to get a large agent base to show your investors you have the 'man power' in place to market their inventory, then charge a transaction fee. Hey, but that is me.
  - Alfonso Parodi > Linda McKissick October 1, 2009 at 4:06am
    
    I agree.
    
    Regards!
    
    Alfonso Parodi
    Century 21 Carioti
    407-350-1818
- Linda McKissick > Buell ( Hal ) Burgess October 1, 2009 at 3:46am
  
  Hal, Please post here when and if you do receive a response from ICBA, as I was told of the same business relationship. Thanks!
- Mark McMahon > Buell ( Hal ) Burgess September 23, 2009 at 7:30pm
  
  Thanks Anthony. We all look forward to your success, and would love nothing more than to be in your program should it become viable. Please keep us informed.
- Mark McMahon > Buell ( Hal ) Burgess September 22, 2009 at 6:34pm
  
  Have not heard back since last week. I am going to avoid. Sounds like they are making all their money on fees. Lots of job offers on Monster for sales people, not agents. Scam.
Jan Baron, RDCPro, CSP, BPOR September 22, 2009 at 5:26pm

I work in Southwest Riverside County in California. My office is in Temecula. They called me today. Said they were going to be working with WesCom.org - a credit union in 30 days to 6 months...no current listings. They have a one year guarantee that if you don't get an assignment, your year membership is extended. They have no referral fees and don't take a percentage of your commission. Utilities would be in their name; only 3 agents assigned per zip code. After our conversation, he asked for my credit card number. I told him if I signed up I would do it on the site.
Buell ( Hal ) Burgess September 21, 2009 at 12:17pm

I have just been approached by a phone call from this company. It sounds good but is it to good to be true. They did not promise me anything and stated that they are assigned assets to manage from ICBA, and that ICBA does not allow them to take refferal fees from the agent. I am thinking strongly on taking a chance on this but have not welled up the courage to take the plunge. I would like to hear someone on here state that they have a good relationship with them. For now holding my breath.
- Alfonso Parodi > Buell ( Hal ) Burgess September 21, 2009 at 3:27pm
  
  I could not find them at their vendor list http://www.icba.org/applications/solutionfinder/?sn.ItemNumber=2558
  ??????????????????????????
Anthony Cruz Jr. September 21, 2009 at 11:50am

I received an email on Friday from them stating that they had to let go 2 agents go within my zipcodes due to insufficient work. Since I balked at paying the $295.00 fee, I guess they thought I would jump on this. Due to the feedback on this board, I did not go forward. Sounds like they used this approach with another agent in another state. Sounds more like a scam everyday. Proceed with caution.
Kyle Whissel September 18, 2009 at 6:14pm

Here is a thread from another forum that should tell you whether or not it is worth it to dish out the $295:

Absolute REO Thread

Good luck =)

Agentsonline.net

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