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  • I just closed an REO with LAMCO and they were awesome to work with. I believe they try to auction their properties first, and if it doesn't sell they assign the listing to an agent. It took just over a year as a member to get the assignment, and I had completed a few BPO's for them. They priced the property 20% under market value and I had multiple offers in 2 days.... plus all the property preservation was handled by them. I hope I get more.

     

    PS-I have had an asset manager from another company find me on their site as well.

    • Do you know what banks' asset do they handle?
    • What state are you in?
  • Great company to work with. I've done many bpos in 2010 for them. They are best on the exterior and interior fee.

    •   In what state are you?  I am in Florida and I have not heard anyone getting any work from them - REO or BPO.

    • Enough that it paid for their fees too?
      • Interior is $100 Exterior is $75.

        30 days on the payment.

        • What state are you in?
          • WA. What state are you?
            • Texas. It could be they just don't have anything going on here but when I asked for references from anyone in the Dallas Fort Worth area he told me that he didn't have that info available to him. Somethng I don't buy at all as companies always spout about the agents in the area who do get their business etc to encourage you to jump on the band wagon too.
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