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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NEAL DALESSIO > James MathieuSeptember 29, 2014 at 12:30am
I used to do work for them -they are pretty good at paying-but the last I worked for them they only paid 40 bucks, and they are nit pickers-but they pay -to my experience.
Well its Sept 22 2014. Four months ago I took 20 orders from BrokerPriceOpinion, drove and photo'd them all, then found this thread about how they dont pay. By then Id completed 12 and wouldnt do the other 8. I called them and was told they are on a 90 day pay schedule. At the end of the 90 days---THEN they put it in cue to be paid and it usually takes about 2 weeks. So that 3.5 months. Its been full four months on mine so I emailed and received a letter saying to forgive them, they are trying, and in in line but they still dont have the funds and could I please wait longer?
I replied with a scathing threat about giving them even more publicity and demanded payment within a week. No answer. I emailed again to ask if they got it and what the response is. No answer. This is AMAZING! Have any of you found out what investor/lender is contracting them so we can directly contact them to show them whats happening? Maybe they dont care. By the time I get through, you wont be able to type their name into any search box without bringing up everything bad thats ever been said about them.
Did you ever get paid from BPO.com they owe me over $3,000. over the last 3 months and of course I got the same message you did about the 90 day processing time. I emailed and called them and asked for them to send me a copy of their payroll processing procedures, nothing as of yet.
CECILIA D FOX > Marvin Von RenchlerSeptember 22, 2014 at 4:53pm
DId you find any lender in common with the properties you did BPOs on? Are they all going to a lein sale - then it is probably a big lein investor which might be difficult to find. Your county might be able to tell you who has bought leins in the past.
There was one lender who owed millions to eValsolutions before they went bellyup. I forget who it was but it was one of the big 5 and it was declared in their bankruptcy notice. I've mentioned this elsewhere.
Other than that, some agents have gotten several partial payments by filing repeat complaints with their local BBB even though BPO.com is not a member. I dont know if they are still responding to the BBB. If you google the company, the BBB complaints usually pop up.
Good idea about checking title to see the common lender/s. Ill do that in the morning! ANd to be fair, I can see a lender stiffing the BPO company but thats not OUR fault and BPO has been doing this so long to so many people that it has to be their problems.
CECILIA D FOX > Marvin Von RenchlerSeptember 22, 2014 at 5:40pm
I just googled the complaints. They are 'scheduling' payments. That's not going to happen. The class action is there under the Appraisal Law Blog. It's an interesting read but I wouldn't hold out much hope. There is contact info there. This usually leads up to bankrupcy and no one gets paid but the attorneys. Sorry you got caught up in this, Marvin.
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Lavina A. Jackson > Jesus (Jesse) GonzalezSeptember 5, 2014 at 7:22am
Thanks
John Gattinger > Jesus (Jesse) GonzalezSeptember 5, 2014 at 6:51am
Replies
I used to do work for them -they are pretty good at paying-but the last I worked for them they only paid 40 bucks, and they are nit pickers-but they pay -to my experience.
.
Well its Sept 22 2014. Four months ago I took 20 orders from BrokerPriceOpinion, drove and photo'd them all, then found this thread about how they dont pay. By then Id completed 12 and wouldnt do the other 8. I called them and was told they are on a 90 day pay schedule. At the end of the 90 days---THEN they put it in cue to be paid and it usually takes about 2 weeks. So that 3.5 months. Its been full four months on mine so I emailed and received a letter saying to forgive them, they are trying, and in in line but they still dont have the funds and could I please wait longer?
I replied with a scathing threat about giving them even more publicity and demanded payment within a week. No answer. I emailed again to ask if they got it and what the response is. No answer. This is AMAZING! Have any of you found out what investor/lender is contracting them so we can directly contact them to show them whats happening? Maybe they dont care. By the time I get through, you wont be able to type their name into any search box without bringing up everything bad thats ever been said about them.
Did you ever get paid from BPO.com they owe me over $3,000. over the last 3 months and of course I got the same message you did about the 90 day processing time. I emailed and called them and asked for them to send me a copy of their payroll processing procedures, nothing as of yet.
There was one lender who owed millions to eValsolutions before they went bellyup. I forget who it was but it was one of the big 5 and it was declared in their bankruptcy notice. I've mentioned this elsewhere.
Other than that, some agents have gotten several partial payments by filing repeat complaints with their local BBB even though BPO.com is not a member. I dont know if they are still responding to the BBB. If you google the company, the BBB complaints usually pop up.
Good idea about checking title to see the common lender/s. Ill do that in the morning! ANd to be fair, I can see a lender stiffing the BPO company but thats not OUR fault and BPO has been doing this so long to so many people that it has to be their problems.
I definitely like that statement Jesse- things don't go away on the internet-
Just a friendly reminder to everyone......
REOPro Default Professionals is a REO social network that invites all members of the REO real estate industry to participate. Our membership expands to not just agents but, to Asset Managers, BPO Providers, Loss Mitigation Specialist, Owners, Executives and anyone else in the REO real estate industry. Participation in REOPro is strictly voluntary and at your privilege.
As a matter of the REOPro Default Professionals Terms of Service, you agreed to when completing your profile, it says….
Dispute Resolution:
1. REOPro will not get involved in any dispute that arise from content our users publish.
A Bloggers Potential Liability:
In an abundance of caution, REOPro would like to make you aware that as a blogger, you may run into certain liability issues on what you publish. Those are however, not limited to….
1. Defamation
2. Intellectual Property (Copyright / Tradmark)
3. Trade Secrets
4. Right of Publicity
5. Publication of Private Facts
6. Intrusion into Seclusion
As a provider of this social network, REOPro assumes absolutely now and forever, NO LIABILITY for what you publish. We claim, now and forever all protections provided in Section 230 of Title 47 of the United States Code (47 USC 230)
Section 230 of Title 47 of the United States Code (47 USC 230) Disclosure
1. No provider (REOPro) or user (Social Network Members) of an interactive computer service (A Social Network Like REOPro) shall be treated as the publisher or speaker of any information provided by another information content provider (User).
So, just keep that in the back of your mind when participating on REOPro Default Professionals.....or for that matter, any social network.
Thanks
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