I have heard from other agents throughout the US who are receiving invitation by e-mail to sign up to become an REO agent.
Their requirements besides standard requirement from other AMs
Sign up with Old Republic ........................ 199.95 (169.95 if invited by Old Republic)
Sign up REOVM ..........................................199.95
REO Accredited Agent Certificate........( Opt 1)399.00 Opt 2 .149.00( Old Republic Specific Class)
798.9
In my opinion, I think this is little extreme for agents to pay with no guarantee to get listings. Does anyone list their REOs? I would like to know your thoughts.
Replies
How long have you been part of their network? It makes sense if you could at least get one listing...I am in northen NJ. I am not sure if they are strong as in your location. I used to do a lot of BPOs for them, but I slowed down because of their fee.
Have a great and profitable week to ALL of the REOpro members :)
I get calls wanting to complete the credential, Now Lamco is on my case wanting $199. I have never got 1 bpo from them..
As for ORT default BPO I get ~1 request a day interior for $45. This time it is Carmel Valley about 70 miles away. Anyone for PGA tour/Interior BPO please stand up?