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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Another company that hardly pays agents and demand a lot is OLD REPUBLIC DEFAULT.
They offer now $30 for interior often 100 miles out of the way. All comps have to have photos whether the listing agent posted it or not. You can drive back take a photo of some comp listing agent did not do, No aerial photos allowed either. The company does not insist but QA will. They will also threaten to reassign to another agent when you challenge their requirements. On top of it they will ask you to alter the valuation.
As for communication it is still problematic. There is no one staffed there supporting or coordinating BPO that you can talk to.
I know one agent in east bay who will drop everything and drive 65 miles out of the way to Central Valley. Three years later and lots of mileage on the vehicle, she still has not got what was ORTC promised. The compensation is low. It does not seem to pay for the gas. Yes, they do pay but hardly worth the trouble.
First American, hands down, pay the most consistently. My first assignment w/ Titanium - paid very quickly.
Courtney Peace Hagins CDPE ABR HRC
RE/MAX Island Realty
HIlton Head Island, SC
Hello. We should categorize good payer or bad payer. What is good, a couple of weeks, a couple or months or a couple of quarters? Magda Robles,CDPE,HRC,CRS,GRI, Broker Associate
Anthony Cruz Jr. > Magda Robles CDPE,SFR,CRS,GRIJanuary 1, 2010 at 7:04am
I define a good payer by completing payment within 45 days of my BPO being turned in. In my case with eVal Solutions, it is now 3 months and counting for 10 BPOs that are owed me. That in my books is a bad payer.I have been turning all eVal Solution requests down until I am paid current.
I called them and was able to talk with someone that is trying to help me. We'll see how this goes ;)
Judith Truitt > Pete Babashoff, NRBA, RDC ProMay 25, 2011 at 12:39pm
I had told an agent in the office not to work for Evaluation Solutions....guess she didn't believe me,she came to me the other day and said they owe her for 6.......I told her she deserved having that happen when I had warned her !....oh well...I came on this blog and collected all the contacts that have been given and gave them to her,she emailed them ALL and got responses that said they would take care of it....I'll keep you posted as to which one,IF ANY helped.
I just got paid from evalonline! Yeah! Call me crazy, I had realized that they owed me so much until I went back to send the outstanding list. $840 from the summer to now. I received my check and deposited it. Can't wait to see that it cleared!
Replies
How much did you pay for the membership with Lamco, Just curious?
Thanks for information.
They offer now $30 for interior often 100 miles out of the way. All comps have to have photos whether the listing agent posted it or not. You can drive back take a photo of some comp listing agent did not do, No aerial photos allowed either. The company does not insist but QA will. They will also threaten to reassign to another agent when you challenge their requirements. On top of it they will ask you to alter the valuation.
As for communication it is still problematic. There is no one staffed there supporting or coordinating BPO that you can talk to.
I know one agent in east bay who will drop everything and drive 65 miles out of the way to Central Valley. Three years later and lots of mileage on the vehicle, she still has not got what was ORTC promised. The compensation is low. It does not seem to pay for the gas. Yes, they do pay but hardly worth the trouble.
Courtney Peace Hagins CDPE ABR HRC
RE/MAX Island Realty
HIlton Head Island, SC