Is it just me, or is every company servicing potential REO listing agents trying to create a new industry? Every time I open my inbox (which is frequently) there is a 'new' opportunity to give these guys money for the 'best' opportunity out there to be part of their 'directory' or call list for BPOs and listings.
Sure, we're growing our businesses, but at whose expense? Seems to me the situation is rife for every newbie to get sucked under with 'deals'.
Your thoughts?
Replies
No you are not alone. How often you don't get a call or eMail msg wanting to put your name on top page or company wanting selling you zipcodes? How do you react? Same applies to reo services. Now short sale business. One way or other someone is interested in your $.
I agree, these so-called directories are growing like mushrooms. There is a need for someone to step in and identify those that are using misleading advertising tactics and preying on us from real once. I think that as members of NAR and local Boards we need to be protected by these organizations from vultures out there.
This may be due to the overhead of lack of inventory because of the foreclosure postponements and/or incrased short sale procecssed by the lender. Either way, it's almost always pay if you want to play game these days.