Search for an REO Professional by entering your zip codes in this format XXXXX, XXXXX,
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"30 zip codes... must be highly populated metropolitan area. If I listed that many zip codes I'd be way out of my market territory! If I stretch it, I may be able to claim a dozen zip codes..."
"Several years ago I signed with DispoSolutions for the basic fee, just to see how they are. I never got anything from them. The following year, when renewal came up, I asked them why I should pay them for the privilege of never getting any work from…"
"You're right, Willy. I am in the north end of L.A. county and we have very few REO listings anymore. Still several short sales, but even those are thinning out (thank goodness). Most of ours seem to be vacant investor flips these days, which means…"
"And keep in mind that pay for REO listings has gone waaaay down, and you still have to babysit and do regular BPOs on each REO listing you have. I gave up listing REOs in 2010 because I was losing money by fronting repair costs, sometimes missing…"
"You can What???"
"Yes, the payments are going down and features/requirements are being added. More companies are requiring individual feature comparison adjustments and repair costs (not just bottom-line differences adjustments). More work, more time spent, less…"
"Sounds like Keller Williams. I used to hang my license there; they got too expensive to stay."
"Checking in. How is everyone out there doing? Anything with ARRO? How about business in general? My MLS has a lack of Active listings, unfortunately, so bidding wars are going on. But too many people are still underwater and not selling (yet). …"
"Hmmm... Kathleen, you must be the only person to actually see anything from this outfit..."
"I'm with you, Aldo. I'm suspecting they needed our cash influx to fund the projects they were working on, and to meet their payroll. It's not doing me a bit of good!"
"I'm in CA. I got the same email, but ignored it. I was waiting to see what new discussions result. Has ANYONE here gotten ANYTHING from Arro, at all? Has anyone tried asking for a refund of the original $75 since they haven't done a thing to…"
"Were we all hopeful fools??? They were supposed to begin this anticipated undertaking on June 1. Perhaps they just collected $75 from everyone over a leisurely 2-month period while we all waited patiently, and absconded with our money when June 1…"
"Actually, the opening page where you log in discloses the $75 Administration Fee. I was hesitant until I Googled the company name and found this discussion. I took the plunge. Haven't done REO listings since 2009, when banks refused to do any…"
"I gave up on REOs. My last one sold in late summer 2009. I took on a partner in early 2008 because I was getting too many to handle by myself. With the tiny commission allowed by the asset manager, and then the referral fee to them, less my broker…"
"I had never heard of REO Pro until I came across it accidentally. I just signed up and was accepted. If I got a call from Jesse or someone else from here, I would have no idea what he was talking about. I'm so used to telemarketers trying to sell me…"
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