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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I took a chance on BrokerPriceOpinion.com and did 4 BPOs back in the first part of March. I sent them an invoice a couple of weeks ago since 30 days had gone by and last week I got left a message from someone in their accounting dept that they are on a 90 day pay cycle.
I'm glad I don't rely on BPOs anymore to pay my bills.
Somewhere I saw a post that there was a new company Like Titanium that was accepting new applications for realtors. Does anyone have any info on this? thanks so much
1. Goodman Dean even though they are stuck at $50 :(
2. EMortgage Logic, but they have reduced their fee to $40 and $65 for an interior :(
3. LPS pay is good too but forms are difficult
4. Clear Capital, but also stuck at $50
5. RRReview. It seems they allow agents in this area to use their auto accept software, as I never am fast enough to accept an assignment. When they do call me, the property is not in my service area.
6. Summit - they used to be really slow to pay, but they have improved tremendously
7. Fiserv now ISGN
And thanks for the information on Single Source Property Valuation and Assetval.com. I plan to apply with them this week.
Companies to stay away from that do not pay:
1. IAS is out of business anyway (I was one of the lucky ones. My last REO with them closed in December of 2012 and I got reimbursed for my expenses about 6 months later.)
2. NREIS
3. Valuation Vision
Thankfully I have not done much work for the other companies who do not pay.
Elena Jorrin > Bettie ShetterApril 22, 2014 at 6:04pm
Assetval is a great company.
I also do some work for iMortgage but I do not plan to continue because of their fee reductions. I spoke with them twice about it and received the exact same answer. It was like they had memorized a script. They essentially say that they appreciate the work we do for them, but they cannot pay any higher fees based on the fact that for this fee (now $35.00 for a full BPO) they can get sooo many agents who would be sooo grateful to do them.
I'm still getting $40. from imortgage, but they are rude, and they use a very long
Master BPO form. It takes twice as long to finish. I asked for increase for form yesterday. It's do my way or take the High way! Best company out there is Assetval. Do you think it's because Women Owned?
CECILIA D FOX > Bettie ShetterApril 23, 2014 at 11:31am
RE: Asset Valuation & Marketing. Simply - yes. but I'm sure their decent fees hurt their bottom line. They used to be a high volume company for me. Now I get less than 5 orders a year.
Me too, they were good at one time. I recently had to contact them and actually remind them to send me a check on an order they had posted as paid 3 weeks prior and did not receive it yet. Though, I got it about 3-4 days after my request.
Replies
I took them to the better business bereau and they still won't pay me. Do not do any work for Broker Price Opinion.com.
There is a law suit out there against them. Everyone who hasn't gotten paid should be a part of it.
I took a chance on BrokerPriceOpinion.com and did 4 BPOs back in the first part of March. I sent them an invoice a couple of weeks ago since 30 days had gone by and last week I got left a message from someone in their accounting dept that they are on a 90 day pay cycle.
I'm glad I don't rely on BPOs anymore to pay my bills.
Somewhere I saw a post that there was a new company Like Titanium that was accepting new applications for realtors. Does anyone have any info on this? thanks so much
Here is my list of Good Pays:
1. Goodman Dean even though they are stuck at $50 :(
2. EMortgage Logic, but they have reduced their fee to $40 and $65 for an interior :(
3. LPS pay is good too but forms are difficult
4. Clear Capital, but also stuck at $50
5. RRReview. It seems they allow agents in this area to use their auto accept software, as I never am fast enough to accept an assignment. When they do call me, the property is not in my service area.
6. Summit - they used to be really slow to pay, but they have improved tremendously
7. Fiserv now ISGN
And thanks for the information on Single Source Property Valuation and Assetval.com. I plan to apply with them this week.
Companies to stay away from that do not pay:
1. IAS is out of business anyway (I was one of the lucky ones. My last REO with them closed in December of 2012 and I got reimbursed for my expenses about 6 months later.)
2. NREIS
3. Valuation Vision
Thankfully I have not done much work for the other companies who do not pay.
Also try LSI (Service Link) and PCV Murcor, although PCV is getting slower in their payments.
Here's my list of good pays
Assetval.com
Single Source Property Valuations
IMortage/but I don't recommend
Assetval is a great company.
I also do some work for iMortgage but I do not plan to continue because of their fee reductions. I spoke with them twice about it and received the exact same answer. It was like they had memorized a script. They essentially say that they appreciate the work we do for them, but they cannot pay any higher fees based on the fact that for this fee (now $35.00 for a full BPO) they can get sooo many agents who would be sooo grateful to do them.
I'm still getting $40. from imortgage, but they are rude, and they use a very long
Master BPO form. It takes twice as long to finish. I asked for increase for form yesterday. It's do my way or take the High way! Best company out there is Assetval. Do you think it's because Women Owned?
RE: Asset Valuation & Marketing. Simply - yes. but I'm sure their decent fees hurt their bottom line. They used to be a high volume company for me. Now I get less than 5 orders a year.
Me too, they were good at one time. I recently had to contact them and actually remind them to send me a check on an order they had posted as paid 3 weeks prior and did not receive it yet. Though, I got it about 3-4 days after my request.
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