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SAM/SLS REO Listings?

Posted by Janice Carrasco on September 6, 2016 at 4:06pm in Sample Title

Have any of you had any luck with getting listings from SAM/SLS? I have done a large volume of BPOs for them and am wondering if there are any other brokers that have gotten listings from them.

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Replies

Richard Wolnik October 31, 2016 at 4:05am

there reo division is a differant part of there company , then the BPO side
Brenda Ames October 28, 2016 at 4:15am

I have sold several for them over the last few years. I have not received anything in the last 3 months from anyone. I attended the REO conference, in Dallas, in September. Looks to me like they are all going to be sold by auction in the near future, cutting out the listing agents.
- Maureen Catherine Kelley > Brenda Ames October 28, 2016 at 7:54am
  
  Great information-thanks for sharing this!! I almost signed up today for the Pro Agent Plan. I will now hold off to see what happens over the next couple of months.
Kevin Hill October 21, 2016 at 11:45am

I have just recently signed up for SAM/SLS BPOs. When do they typically send out checks for BPO payments? Do they do direct deposit? Doesn't seem to be much info on their site.
- Greg Masson > Kevin Hill November 11, 2016 at 6:16am
  
  Kevin, checks come weekly, 4 weeks after completion. I get mine regularly every Friday.
  - Kevin Hill > Greg Masson November 11, 2016 at 7:58am
    
    Thanks for the info Greg, should be getting my first one soon then!
Robert Holmes September 24, 2016 at 11:18pm

I have four listings with them.

They seem OK.
- Gina De La Rosa > Robert Holmes March 31, 2017 at 10:55am
  
  I have an REO account but its to difficult to get the properties in
Ruben Ortega, NRBA, RDCPro, CDPE September 23, 2016 at 2:08am

I receive at least 1 listing per month from them. My first listing with them came from a reassignment and I've been listing with them since. They now require a background check. As mentioned earlier their new name is Computershare. Good to work with. You will need to sign up with Resnet in order to receive listings from them.
Greg Masson September 19, 2016 at 9:59am

SAM is currently my biggest REO provider. BTW, they just changed their name to Computershare. Generally, they don't repair the properties prior to marketing. In my market, they will sell primarily by rehab loan. They reimburse directly from their RES.net property, usually within 4-5 weeks.