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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Don't ever pay a company for REO's. They want you to pay but there is no guarantee of getting listings. The asset companies will let you sign up for free and some also offer a premium membership that really doesn't give you any more bang for your buck. I also don't pay companies that want me to pay to sign up for BPO's. They are all just looking for your money and if you do get either a BPO or listing it will probably be a dump in Timbuktu.
I did a BPO for Brillion Asset Solutions in February through Disposolutions - I found that they don't pay, don't respond to email, and calling their phone number goes directly to voicemail that is filled and won't accept new messages.
Antionette > Stephen GoodmanJuly 10, 2014 at 2:20am
You will get the run around with both companies not wanting take responsibility...Agents do not accept BPO's from Disposolutions. Their clients generally go into mergers and never pay...
I do BPOs for Summit Holdings Group and REO America and I have gotten paid from them..... not many from either company and a little slower, however they do pay. I have noticed though I only have one REO client, Select Portfolio on that account and they take forever to list their properties or in some cases do not list them at all.
do not work for brokerpriceopinion.com-they will not pay
also got a request from kailerre -asked around,no response, so I decided to cancel the order,only to find out they take 90 days to pay-disgusting. I am glad I cancelled the order. I got suspicious when I could not find a tel # for them.
so I just emailed them asking for a $5,000 retainer. hope they get the hint
and you won't. Send them a certified letter threatening to take them to court for the amount owed and also make sure to tell them that you will notify their state's attorney general. That usually gets a reaction. they are crooks. Just like Coast to Coast was
Replies
no I got scammed by REO Pro Holding corps. Be careful.
Don't ever pay a company for REO's. They want you to pay but there is no guarantee of getting listings. The asset companies will let you sign up for free and some also offer a premium membership that really doesn't give you any more bang for your buck. I also don't pay companies that want me to pay to sign up for BPO's. They are all just looking for your money and if you do get either a BPO or listing it will probably be a dump in Timbuktu.
I did a BPO for Brillion Asset Solutions in February through Disposolutions - I found that they don't pay, don't respond to email, and calling their phone number goes directly to voicemail that is filled and won't accept new messages.
You will get the run around with both companies not wanting take responsibility...Agents do not accept BPO's from Disposolutions. Their clients generally go into mergers and never pay...
I do BPOs for Summit Holdings Group and REO America and I have gotten paid from them..... not many from either company and a little slower, however they do pay. I have noticed though I only have one REO client, Select Portfolio on that account and they take forever to list their properties or in some cases do not list them at all.
do not work for brokerpriceopinion.com-they will not pay
also got a request from kailerre -asked around,no response, so I decided to cancel the order,only to find out they take 90 days to pay-disgusting. I am glad I cancelled the order. I got suspicious when I could not find a tel # for them.
so I just emailed them asking for a $5,000 retainer. hope they get the hint
More good pays:
PCV Murcor
RRReview
Goodman Dean
RealServ
SingleSource
It going on 5 months now since I have completed BPOs for Broker Price Opinion/First Valuation....I havent been paid yet...
Do not do any more3 bpos for them. They owe me over $2,000 for over 3 years now and I keep getting told that the check is in the mail.
and you won't. Send them a certified letter threatening to take them to court for the amount owed and also make sure to tell them that you will notify their state's attorney general. That usually gets a reaction. they are crooks. Just like Coast to Coast was