Scam! Scam! SCAM!
I received this email after talking to Ms. Oliver about becoming their REO AGENT.
My name is Olivia Palmer and I am an asset manager with Team Lear. I work with the local banks and courts to find properties to assign to experienced REO listing agents. I also receive referrals from banks and online resources to match up these properties with listing agents who I feel will be able to service these properties best. The lender on this property is looking for 3 things: a bpo to best determine the market value on the property, the current occupancy status which will help determine how soon the property can be listed, and an agent to list and market these pre-foreclosed properties.
Now if you complete these bpo's within the time requested by the lender and it is priced right, you can be assured to receive these as listings. We have a team that reviews the bpo once you submit it online to make sure they are completed accurately, so be assured that we work with you and we aggressively market you as the exclusive agent. My company works with you and the banks to get these properties ready for listing which means we take on most of the expenses for property management.
There is a one time fee that you would be responsible for which comes to a total of $449.00, $400 of which you get reimbursed for because that is a deposit that is put towards the property preservation and management on you first listing that helps assist us with the first costs. My company puts up the remaining costs on that first listing and all others that you would receive from us. Now once we get reimbursed from the lenders, which is usually within 2-8 weeks, we immediately send you out a check for your deposit. The $49.00 goes towards the software that we lease from the lenders which allows you to receive and complete assignments, receive listings, and be in contact with the lenders directly. It is not a reoccurring charge. If you have any questions, please call me back, I will look forward to answering any questions you might have.