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So true Maqda....I've been performing BPO's for over 8 yrs and NEVER paid a dime. I get paid for my hard work. If any of you are considering BPO's.....be prepared to work extremely hard.
Some companies want a full blown appraisal for $45-$50. I have managed to increase my drive by fee to $80, however, I've worked for it. Believe me!!!!
Thinking of going to Appraisal classes instead LOL
If you're looking for a good Asset Management Company that actually does give Listings, send me an email and I will help you out with a good one. As long as you aren't in my territory, I don't mind. email@example.com
Just an update to Sal @ ABS:
I signed up and paid over a year ago. Never received anything from ABS (not even a BPO). I requested the promised refund at the end of the 1-year term and have not received anything.
OK Sal, here's a chance to make good on the guarantee. Send me my refund!!!
Remember Sal, you wrote "We do not know of a single agent that has requested a refund that did not receive one"
Now you know one, unless by "single agent" you were referring to marital status, since I am married 30 years.
To all the folks who continue to post on this and the other 15 ABREO forums. THIS COMPANY IS NOT IN THE BUSINESS OF PROVIDING LISTINGS! They are in the business of getting $295 from agents, investing those dollars and paying the $295 back from new agents who sign up. This is a Ponzi scheme pure and simple. In addition to the dozens of agents on REOPRO who have NEVER received a listing, there are hundreds of others on activerain etc. Who also HAVE NEVER RECEIVED A LISTING! I have at least 15 people in my office alone who were duped the same way. Save your money folks, peddle your wares elsewhere Sal.
Hi, I thought I would share an email my broker just received. I have been signed up with ABS REO for over a year and received one BPO after I complained about receiving nothing.
This morning my managing broker received an email from them stating they had a client in my state with assets but they had no available agents to cover the assignment. Funny how they sent this email to him and didn't mention anything to me when I have been in their system for over a year. I think this confirms it is acam.
I just sent an e-mail to get a refund. My year was up this February. I have not received any response regarding my request so I guess I may need to take the next legal step to get my refund. I have sent 2 e-mails with no response!
Well believe it or not, I did receive a full refund ($295.00) from Absolute REO, thanks to Sal. He was good for his word.
While I would certainly rather of had an assignment or two instead of the refund, the refund was refreshing in a sea of "fee sharks" promissing results and delivering nothing except a renewal invoice.
There are some very big-name registries and networks out there with whom I have spent thousands in fees - with no results and no appologies, just a big corporate attitude. I'm sure you all know what and who I mean.
So, Thanks Sal! I wish the other firms would likewise refund for non-performance when they can't produce assignments in one's area. I could take a nice vacation, maybe even buy a boat.
Best of good fortune to all!