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  • Hi Louise, I received an assignment from Lenders REO several years ago in a very remote area I serve.  Then they told me if I want more listings I needed to sign up for LAMCO.  I did, paid the fee (I believe it was around $250 but can't recall for sure) got absolutely nothing.  I have called adn tried to make sure I'm getting noticed at LAMCO but still not so much as even a bpo or anything.  I have spoken with several other agents who have done the same and their response on LAMCO and membership and leads has been identical.  Might this have changed recently, perhaps.  but my experience has been negative - traditional fee for service without them following thru with anything!  Better luck to you.
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