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REO/BPO COMPANIES THAT DON'T PAY

Posted by Cindy Billman, SRES ®, SFR®, CDPE on October 19, 2009 at 4:20am in Sample Title

Great advise by our In-house AM - Let's do this and see which companies pay the best and which ones don't - here's my list of good paysEMortgageLogicEqui-traxTitanium SolutionsFranklin CreditFASInc

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Replies

Sam Shueh December 25, 2020 at 3:01am

I have not been paid for services for Xome since March 2020. There was multiple services requested including some foreclosed sales. I just started sending them notices and understand holidays are slow. This was eMortgage previously.
- Patti Baker > Sam Shueh December 26, 2020 at 4:57am
  
  I have not done anything with them asked me to do a couple interiors, with the Pandemic I refused. I rarely do interiors too risky always in a bad area
- Barbara Eisman > Sam Shueh December 25, 2020 at 3:42pm
  
  Xome pays direct into your bank account. They pay promptly for BPOs.
- CECILIA D FOX > Sam Shueh December 25, 2020 at 2:19pm
  
  1. Xome was remortgage?
  2. They didn't pay your commission on sales?
- Colleen > Sam Shueh December 25, 2020 at 4:52am
  
  I closed a sale with them and I just listed a property with them that is not moving. Overpriced. It is on an auction site. Don't like online auctions. They made me send an extension to a buyer that I did not represent and I advised them that this was not proper. They did not care.
Pete Babashoff, NRBA, RDC Pro December 24, 2020 at 1:37pm

I haven't been fortunate enough to figure out how they pay. I have done maybe 30 BPO's for them in the past.
Sharon Letson December 24, 2020 at 11:52am

any knowledge of LRES out of Reno, NV? They said they used to be Inside Valuations and not sure if they pay or not?
- Patti Baker > Sharon Letson December 26, 2020 at 4:55am
  
  poor pay history
- Colleen > Sharon Letson December 24, 2020 at 2:10pm
  
  they are fine, they pay every week direct deposit. They pay better with Commercial but they will pay
- Cheryl Charnell > Sharon Letson December 24, 2020 at 1:31pm
  
  LRES pays every week via direct deposit. I've been with them a long time both on BPO's & Listings

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