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Mark to Market has stopped paying for work done on BPO's

Posted by Randy Benoit on November 12, 2013 at 2:35am

Just a heads up for everyone, Mark to Market has stopped paying for work that you have completed. I have BPO's that date back to July. That is over 150 days. I have tried to contact them, and the only person I have been able to contact has been rude, and they canceled my access to the web site. Made it sound like I was a bad person . Don't do work for M2M BECAUSE THEY DO NOT PAY!!!!

Mark to market using Captcha to combat auto accepting software

Posted by Johnny Huang on January 29, 2010 at 10:35am

I just received this in my email...Dear Vendor,As many are aware and have brought to our attention, it has become difficult in several areas to accept orders that have been sent out to numerous agents at once. We have received input from several agents regarding the use of auto-accepting/refreshing software to automatically accept orders and have addressed it accordingly.In an effort to eliminate any unfair advantage produced by utilizing these so called auto-accepting programs we are introducing a new process to accept orders. The acceptance process will be relatively the same as before however the system will now prompt you to enter a validation code prior to accepting an order. This is known as a CAPTCHA.A CAPTCHA is a program that protects websites against automated bots by generating and grading tests that humans can pass but current computer programs cannot. For example, humans can read distorted text as the one shown below, but current computer programs can't:This process will only be performed once per order just prior to accepting. If selecting multiple orders from the Ordered worklist to accept at a single time, the CAPTCHA is only required once for the batch (not for each individual order).In the event that you’re unable to read the words provided in the CAPTCHA you can click the link below the word box (Get another CAPTCHA) to get a different verification phrase.This process is planned to go into effect on Sunday, 1/31/2010.I commend M2M for doing this and hopefully agents will get their fair chance at their BPO. I for one have been a losing agent to acceptance in with this company. I even have my email forwarded as text to my mobile phone and SMS messages but still was too late in accepting any assignments.This time, It's a fair free-for-all game. I'm all for it.

Brain Damage from Researching the Real Estate Market

Posted by Daniel Waterman on July 6, 2009 at 6:35pm

For the past 3 years my life has consisted of one thing - researching REO. Every aspect of REO that is. When you have thousands of members and clients that depend on your company for results it can be a daunting thing. Especially when the government makes over 20 changes to the TARP program within 9 months!The past 3 weeks have been dedicated to the development of our new levels of training (2 and 3) which are going to be geared towards the REO Masters Network directors. The way that this network is being designed resembles an undergraduate and graduate program. With the REOM being the "graduate" program I had to step it up a little bit with content. So, with that end in mind I began with a "State of the Market" initial presentation, ended with a "Future Projections" summary and then sandwiched some cutting-edge REO stuff in between. I should have given myself 3 MONTHS!I can say that I've learned a lot, which is always a great thing. I was kind of waiting-out the whole government involvement of real estate until the dust settled so as not to fry any of my mental circuitry. I watched from September 08 through March of 09 as colleagues were trying to decipher the realities of the real estate market, TARP, the Financial Stability Plan, "Making Home Affordable", HOPE NOW, and the mergers of banks left and right. In my little universe I was telling myself the whole time, "just keep track of everything, but don't try to figure it out yet". Whew! Glad I made that decision and stuck with it.Fellow professionals I'm here to say that this market is absolutely, undoubtedly one of the craziest markets in American history. Go watch some of the real estate market videos on YouTube of Mark Zandi of Moody's or Glenn Beck (whatever your personal opinion may be, these guys toss out some pretty indisputable stats).

Oh, and if you have a couple of minutes, check out the Wall Street Journal's take on the history of the meltdown (there are 3 parts, but I'm only embedding part 1):

OK, back to the think tank.Sincerely,Dan Waterman

mark (3)

Mark to Market has stopped paying for work done on BPO's

Mark to market using Captcha to combat auto accepting software

Brain Damage from Researching the Real Estate Market

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