Rita Redd replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"Agreed Clear Capital is a great company and I also have dealt with them for a number of years and never a problem.  However, they have requested those "drive by inspections" where they only want a couple of photos but no comps and only want to pay…"
Dec 20, 2013
Rita Redd replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"Green River may be getting orders nationwide, but from a Realtor standpoint, they are not worth the effort to list their properties.  After all the fees, referrals, etc, you may be lucky to end up with around 1% commission and have a lot of reports,…"
Nov 29, 2013
Rita Redd replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"Same issues here but I still get a few orders from them.  I finally figured out if I go into great detail in the comments about being in a very rural area in East Texas and houses may be more than 5 miles apart and are rarely comps.  On one order…"
Nov 13, 2013
Rita Redd replied to Vivian's discussion BPO COMPANIES THAT PAY AND SOME THAT DON'T - JULY 2013 REVISED
"Anyone familiar with Unity Assets.  I just got a call for an exterior BPO but haven't dealt with them in several years."
Nov 12, 2013
Rita Redd replied to Jay Steeves's discussion Hedge Funds and the palns for the future
"I have heard that also but in my area of the country, local investors are gobbling up the REO assets mainly for rentals as there is a shortage of available rentals due to the increase in REOs. 
Very few properties in East Texas are sold to people…"
Nov 11, 2013
Rita Redd replied to Judy Nolin's discussion Anyone do business with any REO company's that you would refer?
"Single Source is a good company to work with.  They may offer the BPO at $40.00 but I always counter with my minimum which is $70.00 or more depending on location.  I get over 90% of them at the higher fee. 
 
There are only a few companies that…"
Nov 11, 2013
Rita Redd replied to Vivian's discussion BPO COMPANIES THAT PAY AND SOME THAT DON'T - JULY 2013 REVISED
"I get paid by Main Street Valuations AKA BPO Fulfillment and Valuation Partners....they are just sometimes slow (60-90 days)  I really jack the fee up if they call but always get paid.  The others I fully agree. 
 "
Nov 4, 2013
Rita Redd replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"Just got a call from Applied Valuation Services.  Anyone ever heard of them or had any dealings with them?
Thanks.  "
Oct 23, 2013
Rita Redd replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"I have only paid of one and have a copy.  I told Clear Capital I would not pay for another but would send them a copy of the one I had already paid for.  Never heard another word and am still getting BPO requests and orders.
 "
Oct 11, 2013
Rita Redd replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"Anyone ever deal with Consolidated Analytics?  I just got a call from them wanting me to do a BPO.  Fortunately, I didn't have to decline because I had never heard of them since the address is an REO that I have already been assigned the listing…"
Oct 7, 2013
Rita Redd replied to Juli Turrell's discussion USRES is it worth my time?
"LOL.  I too have paid for a couple of background checks, then got smart.  Since I got a copy of the ones I paid for, I replied to all other requests and told them that I had already paid for one and I would be happy to forward it to them but would…"
Oct 7, 2013
Rita Redd replied to Juli Turrell's discussion USRES is it worth my time?
"Did one or two a few years back and never got a listing, so quite doing them for free.  Since they can't find any other dummies in my area, they are now paying me for doing their BPO's. "
Oct 7, 2013
Rita Redd replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"I'm with you on that.  I get $65.00 minimum if it's close and $75.00 or more depending on location if it's outside the Loop.  Lufkin is a small town (35,000 pop) so most are outside. 
 "
Oct 7, 2013
Rita Redd commented on barbara scarbrough's blog post Auction companies are making big money off of YOUR WORK, while you make pennies!!
"Hi Barbara,
Reading all this makes me feel like I'm not alone.  You are so right about the Auctions but it's not just Auction.com but almost all real estate auctions.  I have learned (the hard way) to avoid them whenever possible.
I have seen…"
Sep 20, 2013
Rita Redd replied to Cindy Billman, SRES ®, SFR®, CDPE's discussion REO/BPO COMPANIES THAT DON'T PAY
"Anyone familiar with HomeTrustNation.com?  Just got a request for BPO and am not familiar with them. "
Sep 9, 2013
Rita Redd commented on barbara scarbrough's blog post REOs the truth and nothing but the truth
"Barbara, I too got the e-mail about Altisource acquirying Equator and I just cringed.  I have been turning down listings from Altisource because I'm tired of losing money and it wouldn't surprise me if "Equator" is going to be another "Fee" they…"
Aug 25, 2013
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