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I was contacted by Banker REO to sign up for BPO and REO Assignments, for a $345 annual membership fee. I didn't find any posts for this company, so I thought we better get this one out there! I did a WHOIS search for this company's website and it shows that it was created on June 14, 2011, and they are based out of Illinois ... the same state as the infamous Absolute REO! There website address is: www.bankerreo.com Does anyone have any experiences that they would like to share with this one?
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That seems like a good idea Carolyn!
They called me for the second time today.
I mentioned I didn't think it was a good idea to pay because there were scammers that had a company with a similar name. Guy said he was gonna write a bad blog about me before he hung up.....isn't that a threat?
Would not doubt a new company will come along with the same 'gang' of thieves. There must be something that can be done.
Just got off the phone with one of the fastest talkers I've ever heard. He could have been a auctioneer.
He had a BPO for me - based on a muffled referral - that was at my zip code! It's too bad that some REALTORS actually fall for this stuff - which is why these companies think the rest of us will too. And it's just $349 forever. (He didn't explain why I would have a different point-of-contact after 36 months.) And I seriously doubted the "forever" part. If they are charging upfront, it's likely they will charge you elsewhere...and possibly without your explicit authorization.