Hi All,
I just got a sales call from United Default Management.
They want $549 for 3 counties. Their business plan is to send me to do BPOs on homes that have NOT been foreclosed, but instead are in PRE-FORECLOSURE (which is every home with a mortgage, in my opinion, PRE simply meaning BEFORE, haha).
I have heard this song before. And have even paid for a few (insert embarrassed face emoji here).
Before I say anything negative about a company I don't know much about, has anyone heard anything, had any dealings?
On the sales call there was a screener, then an "asset manager." He didn't know the difference between pre-foreclosure and foreclosed. I asked if these were directed short sales and he didn't even understand what I meant. Their website is copyright 2017. New. And they are in Chicago, which is where a number of these scam companies are located.
I look forward to any info anyone has.
Thanks!
Replies
You are correct. Her postings are gone. I was the one asking about the value of the portfolio they assigned to her. She said 900k and had been working with them since February. I was skeptical.
Judy - What state are you in?
In my opinion a total waist of our time looks like.
This company is a crock (in my opinion). I led them on and let her waste a lot of time talking to me. When she asked me how many listings I have I asked what she wanted...was it active, prelist, redemption, etc. She struggled with the answer. That told me they were not real. When I sent her a long email telling her what a bunch of lies I felt she was telling, she actually sent me an email telling me how wrong I was. Can you imagine if you told somebody from a real asset management company that you thought they were a fake. They would NOT respond. They would hit delete and move on...they don't beg US to work with THEM, it is totally the other way around. Here is our conversation. Personally, I don't think "occupier" is a word that I have never heard before. I would use "occupant". I made a mistake and said they were from Illinois. It seems to be Illinois and Denver. She has horrible grammar and spelled res.net with a z. She wrote Reo (instead of REO), used too instead of to, has run on sentences galore, doesn't seem to know Realtor is a proper noun, and had some verb issues. My favorite sentence was this one: Most exterior BPO’S are done in the convenience of your vehicle while comps are performed back at home or in the office. We "do" BPOs in our vehicles?? And what is "comps are performed"?
HER TO ME:
HER TO ME:
I am also in that mls system-what properties do you have listed with them?
I just got the same call about this company.. i am hesitant myself. i also signed up for 1 other company just like this and never saw a single listing and never got reimbursed... feels alot like that other company. did you ever sign up or find out if they are legit ? thanks
I received the same call from someone stating to be a asset manager first asking me rather I had Reo experience and once when I started asking question she put a so call senior asset manager on the phone that wanted to wait for my credit card info so I can be assigned a bpo,I have companies send these for FREE?This made me very nervous about this company
Jannie what area or State are you in if I may ask?
Anyone else hear about this Company?
Are they owned by the same company? You had to PAY for a portfolio LISTING? How many properties were in the portfolio and what was the total value? What was the commission value?