Did anyone else get this email? This company really takes care of me and I was just wondering if any Brokers on here got the green light as well... 

Dear Agent,

 

Congratulations! You have been chosen to be a Client and/or Green River Capital (GRC) Preferred Agent. 

 

With over 15,000 agents in the GRC database, only a select group is invited to join this Preferred Agent Network based on your qualifications, experience and performance.  Maintaining this preferred status comes with both privilege and responsibility.

 

As a chosen vendor, you are entitled to assignment preference for assets located within your market, based on a 20-mile radius from your main office, as it appears on your profile.  Additionally, GRC will provide you with training and tools to assist you in maintaining your Preferred Vendor status.  To do so, you are expected to successfully fulfill the following requirements:

·         Invoice Management:  GRC requires all Preferred Vendors to sign-up with Invoice Management, a reimbursement tool for all utility and bill submission.  Please sign up today if you do not already have an account.  Visit this website to get started https://im.lpsdesktop.com/login/newwaylogin.aspx.

·         Client Systems of Record:  GRC has a myriad of clients who utilize a variety of servicing software to manage their assets.  GRC requires all Preferred Vendors to sign up with both “Equator” (https://www.equator.com/) and “Res.Net” (http://www.res.net/) in order to manage these assets.  Fees for sign up will not be reimbursed by Green River Capital.

 

·         Commissions:  Commission structures vary by client.  Check the listing agreement on each asset for applicable details.

 

·         Infinity Valuation Services:  GRC has a sister company, “Infinity Valuation Services”, which is a BPO provider. Many of our clients utilize IVS for pre-foreclosure BPO’s and supplemental services.  As a Preferred Vendor, you are required to participate with IVS in the handling of BPO assignments, providing you with the added benefit of potential listings.  Payable fees vary based on BPO type.

 

Please note: Your IVS account will automatically be enabled at the time you are selected to be a Preferred Vendor with GRC. You may visit their website atwww.infinitybpo.com to learn more.  You may also contact their support staff at 801-456-5401 or via email ivssupport@ivsbpo.com with questions regarding your account.

 

·         Training: All Preferred Vendors will participate in regular GRC trainings via conference calls and webinars, covering guidelines and topics essential to success in your role.  We understand your time is valuable, and ensure these activities will be pertinent, brief and to the point.

 

GRC also holds an annual on-site training conference in Salt Lake City, Utah, geared towards connecting you with key GRC associates and other Preferred Vendors, while providing you with training on GRC and industry guidelines and best practices.  All Preferred Vendors are required to attend and are responsible for all associated costs. 

 

 GRC recognizes the mutual benefits in our business relationship, and we look forward to supporting you as a member of our Preferred Agent Network based on your on-going excellent work!

 

If you have received this email and do not wish to participate, please contact your Vendor Manager immediately.

 

Best,

 

cid:image001.jpg@01C8076A.F2F290D0

You need to be a member of REO Pro Network to add comments!

Join REO Pro Network

Email me when people reply –

Replies

  • i am applying to become a Preferred Vendor to orepare BPO'S and Market REO'S. 

    My career began as a REALTOR in 1986 providing service to both sellers and buyers.  Assisting buyer mainly with FHA & VA Loans.  Marketing foreclosed properties including HUD’S, Bank owned and Corporation owned properties, as well as, owner occupant homes.  This last year, my business model was centered and specializing in Short Sales and REO listings.

    REAL ESTATE LICENSE.pdf

    E & O INSURANCE.xps

    Willa Hines-resume.doc

  • I did a lot of networking through conferences 2 or 3 years ago. I guess you could still try that now but it will be tough. I've been doing this for 12 years and getting in with a new bank can be tough especially now that everybody is trying to get into REOs
  • Green River is one of my largest clients, so I didn't have a choice but, it sure takes up a lot of time doing the HRC thing. I have other banks starting to do the same thing. I guess I'm going to break down and hire another assistant!
    • Hi Jessica,

      I am in CA. Do you know if GRC has assets on the west coast? I have tried several times to contact them, but have been unsuccessful. It would be great if you can provide a contact or an accurate website to join.
      Thanks.
    • Jessica,

      Do you have any contacts from Green River who I could contact about joining their company?

      Regards,

      Antonio
  • There is only so many hours in the day to complete all the tasks. I have a team. I have two licensed assistants who are also work with the Buyers, Bookkeeper, inspector who inspects every property every week & advertising / transaction coordinator.

    My Assistants are paid on a referral basis off of each property, part of their responsibilities is helping me with the BPOs and monthly reports.
    • Hi Donna,

      What do you mean on a referral basis?   If the BPO pays $45.00, how much do you pay her/him?

  • I live in South Florida and I am trying to get started with either Green River or Infinity.

    Does anyone know if there is any way to get an invite?
  • Received the invite and completed the on-line class.
  • Marqueze, I got this e-mail about 8 weeks ago. Are you getting hit to complete multiple BPO requests through Infinity? I have been really busy with REO's this month so I have not been able to accept the Infinity BPO's. Well, I found out you don't have the option of whether to accept or decline because once you become a preferred vendor with GRC you must complete them or your preferred status is affected. They also require you to participate with the new HRC program they have. I love working with GRC but I have commitments as well to other asset companies. Now I am wondering if I need to hire someone to do these BPO's & I don't know how the heck I am going to find the time to work the HRC area. How are you dealing with this? Suggestions from anyone accepted...lol Thanks
This reply was deleted.