Have you heard of this asset mangement company?

Hi, has anyone heard of American Management Group, LLC?  Had a call from them asking if I wanted to do REOs for them. They give you 2, drive-by, pre-foreclosure BPOs to do, (no fee), and promise you will get the listings.  I kept asking questions and was told "no fees, commission splits, monthly charges, etc.", but the bottom line is they want $400 up front.  She kept telling me they guaranteed you get the listings or the money is refunded.  I'm not going to go for this but wanted to know if anyone had any experience with them.  They're based in Jacksonville, FL.

Helen Palama

Tropic Shores Realty

Spring Hill, FL

You need to be a member of REO Pro Network to add comments!

Join REO Pro Network

Email me when people reply –

Replies

  • Thanks for the replies.  Like I said, I'm not going to bite.  I've been in real estate for 36 years and luckily, had only good experiences with doing REOs and BPOs.

  •  tell them you'll happily pay the $400 fee at the first closing. Then see what they say? 

    run don't walk

  •  Old scam.  New name

This reply was deleted.