Tom Rineberg commented on James Rutkowski's blog post Marketing To Probate Properties
"Good info!"
Mar 2, 2015
Tom Rineberg commented on Ronald D Bourgeois's blog post BPOs .. have BPOs become a race to the bottom ..
"Yep, don't ever forget you guys are professionals and deserve to be treated as such. Have respect for yourselves and don't be afraid to ask for what you are worth.
Understand, as a contract for hire, you are going to run into the discounters and…"
Mar 2, 2015
Tom Rineberg replied to Ronald D Bourgeois's discussion Altisource New Insurance Requirement for Real Estate Agents
"I sold several REO listings for Altisource last year where I was the 2nd or 3rd agent they had turned to and I was the only agent that could sell their junk and then one day got a notice that I was terminated and no longer qualified to sell their…"
Jan 27, 2015
Tom Rineberg posted a discussion
I sold several REO listings for Altisource last year where I was the 2nd or 3rd agent they had turned to and I was the only agent that could sell their junk and then one day got a notice that I was terminated and no longer qualified to sell their…
Jan 27, 2015
Tom Rineberg left a comment for Roberto Oqendo
"Hey Roberto,

You and talked a while back I believe about REO listings. I've been trying to break through but with limited success and only with Ocwen for about 6 little tiny listings and an $800 commission. Would you please share with me how you…"
Dec 8, 2014
Tom Rineberg replied to Jim Clauser's discussion Is there a new hud contract coming out?
"I'm a licensed real estate broker in NE Florida with more than a decade of experience, I've sold foreclosures for Ocwen and others, I have a HUD Key, I'm HUD approved but have no idea how to get on the magic carpet ride for HUD listings. Can anyone…"
Nov 4, 2014
Tom Rineberg replied to Carol Davis's discussion Old Republc
"Carol, 
For about 4 years these bpo companies had agents begging for their business, fighting for their attention and they were calling the shots, however, the scales are back in our favor and we as agents and brokers need to understand we are in…"
Nov 4, 2014
Tom Rineberg replied to Tom Rineberg's discussion Altisource/Ocwen REO Agent
"1 last year and 4 so far this year."
Jul 28, 2014
Tom Rineberg replied to Tom Rineberg's discussion Altisource/Ocwen REO Agent
"Thanks Patti, 

I agree, the $800 is rediculous. The first 4 they sent me were crud in the hood like $30K & as we all hear you have to pay your dues, so I was like ok, but not for long. Then they finally sent me a $250K listing and I thought OK good…"
Jul 28, 2014
Tom Rineberg replied to Tom Rineberg's discussion Altisource/Ocwen REO Agent
"Correct. I just list it in the MLS and everything goes through HUBZU. "
Jul 25, 2014
Tom Rineberg replied to Tom Rineberg's discussion Altisource/Ocwen REO Agent
"Thanks Mark, No actually, I just took a listing for $252,000 and the listing agreement says on the comissions page that they pay 
$2,500 plus 1.5% of the purchase price, of which then a referral fee of 1.5% of the purchase price goes to their…"
Jul 21, 2014
Tom Rineberg posted a discussion
Hello Everyone,I have been getting Altisource/Ocwen listing over the last year that pay an $800 commission no matter what size, condition or location of the home. I know they are very handsoff and I kind of look at like a resume builder but even so…
Jul 21, 2014
Tom Rineberg commented on Jesus (Jesse) Gonzalez's blog post BrokerPriceOpinion.com & First Valuation Subject of Recent Class Action Lawsuit
"Yep, it's about time. I did a couple bpos for them years ago and when they paid me the check bounced and after many collection attempts they've yet to make good on that check. Not to mention the other bpos I've done for them that I never got paid.…"
Dec 10, 2013
Tom Rineberg replied to Tom Rineberg's discussion **WARNING** Watch out for STAR FEDERAL
"Marvin, 
You are absolutely correct. The business is hard work, takes effort and you are damn right "A fool and his money are soon departed."
Agents need to understand that this business is hard work and you can't cut corners. I don't recommend it…"
Oct 10, 2013
Tom Rineberg posted a discussion
Hello Everyone,Has anyone been approached by STAR FEDERAL? They sold me a song and a dance and I was dumb enough to fall for it. Learn from my mistake. This company known as STAR FEDERAL contacted me back in February and told me their business model…
Oct 8, 2013
Tom Rineberg commented on Tony Rosales's blog post I got an email yesterday asking if REO is dead. Here is my reply and more…
"I couldn't agree more Tony!
Nice piece. "
Aug 24, 2013
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