Coleen M. Hugney replied to Carolyn Russell's discussion Residential Real Estate BPO's - RRR
"A couple months ago they changed the format to send out exclusive orders to their top tier agents.  They are still sending some regular orders out, but not nearly as many as before come thru the old way.  They are also minimizing the area/radius for…"
May 25, 2015
Coleen M. Hugney replied to Stephanie Belleville's discussion REO Agent
"I have been with LPS (Black Knight) for some time. NO REO's, but they pay, on time.  Orders have been way down."
Apr 17, 2015
Coleen M. Hugney replied to Tom Murphy's discussion USRES
"Don't bother.  Done USRES BPO's for free, no assets ever assigned.  If you ever met the CEO of the company you would understand.    He thinks he's GOD of the Foreclosure World."
Apr 17, 2015
Coleen M. Hugney replied to Stephanie Belleville's discussion REO Agent
"I would not even bother at this point.  I have been doing BPO'S since 2008, and Short Sales since 2007, here in Florida.
I chased the REO possibilities for several years, spent tens of thousands of dollars going to conventions, Five Star, etc....…"
Apr 17, 2015
Coleen M. Hugney replied to Carolyn Russell's discussion Residential Real Estate BPO's - RRR
"Did you read where they were making a transition to send orders to their "Prime Vendors".  I just got an "Exclusive" order from them today, so I guess the process has been implemented.

Now instead of sitting at the computer to compete with other…"
Apr 6, 2015
Coleen M. Hugney replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"If you have ever met the CEO of USRES/RESNET, you would realize what an arrogant Bastard he is and would refuse to work for them.  I paid 1 year, and got 3 BPO's got paid for 1 ONE.  Then I went to FIVE STAR and met the SOB and realized that getting…"
Aug 29, 2014
Coleen M. Hugney replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"Just wait there is more and more just like this to come.  In my area, the Judicial Foreclosures are coming to the "end of time" and Foreclosures are becoming final more and more properties will be coming on the market as REO's.  They will be finding…"
Aug 29, 2014
Coleen M. Hugney replied to John Gattinger's discussion BPO Shenanigans...
"Yea, I know.  I stopped doing ANY BPO's that do not pay at least $40.  And, if they are a slow pay, those are the last ones I accept, and only if I'm not busy.
 
With the Market picking up, we can be choseie who we do these for and for how much.…"
Jun 9, 2014
Coleen M. Hugney replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"My time is worth more that the $35.00 they are willing to pay.  I would rather do nothing at all than use my car/gas/time."
Feb 6, 2014
Coleen M. Hugney replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"Why would you let an account go unpaid and get that high?  I run the BPO's just like any other business.  No Pay, NO Work.  60 days is my limit to let an account run.  The experience with EVALONLINE burned me years ago and made me learn a harsh…"
Nov 16, 2013
Coleen M. Hugney replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"When I pull the tax records on our mls, there is a button I can hit that will bring up all the sales in the radius that i choose.  Check and see if you have that option, it really saves a lot of time in the search for comps that are in close…"
Nov 16, 2013
Coleen M. Hugney replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"Don't you just love it.  Especially when they question of valuations when we live right here in front of the property."
Oct 31, 2013
Coleen M. Hugney replied to John Gattinger's discussion BPO Shenanigans...
"I NEVER tell them that I can return the BPO the same day unless I already have the work DONE and ready for Data Entry.  Other Companies have pulled the very same situation on me TOO, so I have learned my lesson. 
After all, you never know what is…"
Oct 28, 2013
Coleen M. Hugney replied to John Gattinger's discussion BPO Shenanigans...
"They are on my Drop List,  They don't pay enough for me to get my care out of the driveway."
Oct 28, 2013
Coleen M. Hugney replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"No problem for me.  I have done this several time and keep the report on file on my computer to send to other BPO Companies when requested."
Oct 17, 2013
Coleen M. Hugney replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"USRES is a division of Resnet.  I have performed a couple of BPO's for them and never got paid.
At a Conference I met the CEO of RES.NET and he is a very arrogant person, and I can see why I did not get paid. They expect you to sign up on RESNET,…"
Oct 17, 2013
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