Lamco Lifetime Fee

I know there is a few threads out there on LAMCO Network.  Most is ok. 

 

What I would like to know has anyone signed up for the LIFETIME fee and been put to the top of the advertising list for them and then recieved bpo's/listings right away. 

 

I live in Oregon where our REO inventory continues to grow and I think it would be a great deal to pay the $659 for the lifetime instead of the yearly $259.

 

Please give me feedback as I am looking to get going with this company if the feedback is good?

 

Thanks Adam

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Replies

  • I don't know, I only got 2 BPOs from them. I know US bank sells to them. so check foreclosures in your area and see if any US bank assets are coming out. Even so, i think they auction them ahead of time and they never make it to lamco. I did not renew.
  • I gave them $259 and received neither a bpo order or a listing assignment so I sure am not going to pay $659.00 for a lifetime of no business from them. What I get now is a lot of emails and even phone calls trying to get me to sign up again. I think it is just another sales scheme to make their website look attractive to agents and extract more of our money for empty promises.
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