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"I quit doing BPO's for USRES. I only received one $115,000 listing after 40 BPO's. It was not worth it! I wasted a lot of time when I could have been paid. In most cases, the BPO's were out of the way. I think they are using REALTORS and they are…"
"Hi Lisa,
the people who assign the BPO's do not assign the REO's. You need to go to vendor management. I have done over 40 BPO's for USRES and I finally got "a" listing, which was 2 months ago. I was told my file had been flagged for another REO.…"
the people who assign the BPO's do not assign the REO's. You need to go to vendor management. I have done over 40 BPO's for USRES and I finally got "a" listing, which was 2 months ago. I was told my file had been flagged for another REO.…"
"I posted my question here over 8 months ago. Since then, I have had a number of responses, which I have read. So what is it your telling me, something I don't know?"
"I would apply now. They use this system for assigning reo's."
"I would sign up with resnet! They are a good source of business if they contact you. REOtrans and am4reo are another story. I am sure REOtrans has lots of agents. They may e-blast bpo orders and the first one to respond is the one to get it. I hate…"
"My experience with REOtrans was not good. They never had any reo's posted to accept. They just posted the ones that were already accepted. I did have one transaction with them and it was so convoluted it raised my stress level 100%. It seemed there…"
I posted a question here a couple of months ago wanting feedback on USRES. I was doing so many free BPOs with the promise of listings. Well, a couple of days ago, I got my first listing from RES.NET, which is affiliated with USRES. I have a feeling…
"Thanks to all who have replied to this discussion. I have gained some very useful information. I have now completed about 25 BPO's for USRES and still have not received a listing. But I did email vendor management and they said they would keep me in…"
"Yes, I believe they do. The BPO division gave me the vendor managers number, he is the one that oversees REO's. But when I tried to call, the switchboard told me it was better to email him."
"Well I did sign up and pay for REOnetwork, that may have entitled me to resnet. I am not sure. I have forgotten because it has been a while ago."
"No. Just sign up. I am a member of resnet."
Has anyone had any experience with this company? I have provided about 10-15 free BPO's for USRES and have not received any REO's. They claim they will provide REO business if you do their BPO's. Many of the BPO's I am doing are properties that are…
Comments
I started a NC group for REO discussions. There seems to be only 5 REOPro members working NC currently. I would love for you to join the group and share your ideas.
Lisa Albinowski