I know this is old news for most, but I was hopeful I would be able to get my money back from Absolute REO per their agreement. Their agreement was to refund the full membership cost of $295 after a year if you are not satisfied. Needless to say, I was not satisfied. I've been trying since January to get my money back. At one point, I received an email saying they would credit my membership to a free year with a new company they were starting; also presumably a scam. An agent in my Dallas office is from Chicago, and when he went to the Absolute REO office address there wasn't an Absolute REO office there. I received the following in March form Absoluet REO after I sent them a message that included my full address:
Hello,
I would like to let you know that we are processing your refund request, please give us sometime.
Please give us an address of where you would like us to send your check.
Thank you for your patience, have a great day!
Of course I haven't received anything from this sham organization. These guys are based in the Chicago area and most have Eastern bloc sounding names. If you get "invited" to join some kind of REO network please go to Google and check it out first. I wish I had.
Replies
What is there Chicago address?
I forgot to add the link to BBB: http://www.bbb.org/chicago/business-reviews/financial-services/abso...
Their suite was listed as shared office space in 2009
Joseph,
I can't find their address now. Here is a link to the Better Business Bureau giving them an F rating. Try calling the number you get and see if you can get anyone in customer service to respond to you. They were scamming us agents when we could least afford it. They belong in jail.