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I've done many CMAs for them, also list some properties..... they good to work with.
Just do your CMA like a normal BPO. Submit pictures and comps with agents information(mls agent printout sheet)
Just closed a Kondaur last week. Nice group of people, and they cover all utilities and lawn/snow care.
BTW, I did only 1 BPO for them in the past and not the listing. Since I have listed this I have been asked to do 3 other CMAs pro bono, and have been happy to do it. Maybe it depends on the amount of agents in the area.
I was also told they prefer to work with the Boker Owner of the office, (I am) if that helps, I was also required to add them to my general liability policy in addition to E&O
There are several blogs about kondaur on this site that will help you understand how they operate, take the time to go through the archives.
I have been working with them for over three years now and they are good to work with and up until this summer my average was for every two CMA's I did I got one listing.
In October they they were working on multiple pools and I had 15 different asset managers call me for CMA's all started with the introduction that I was a prefered broker in their system and asset mgr's had recommended me, I did......I think 17 over a two week period all for free as always. So far out of the 17; four are assigned to me so far and if they win more in their pools I will get more. Even if I don't the four properties add over $1 million to my inventory.
These are unlike other REO's in the fact that there are no out of pocket expenses or referal fees that I have with all my other asset companies, they pay a standard 6% or if I get both sides 4 1/2%.
So if I take just this scenario and just get the listing side, $1 mil x 3% = $30k. Thats $1764 per BPO. Corelogic at $45 per BPO is $765 for 17 with no chance of getting the listing.
The 2nd opinion BPO's that they get are not always from other competing agents, they use Clear Capital to get a second opinion and they pay for it.
I think their business model is good and there are no registration fees.
I do feel bad for the folks that have done CMA's and not got any listings yet