America's Largest Social Network for Default Real Estate Professionals
Ok, so i've been signed up with them for a year now I think. Last December they had a Webinar and they stated that they are ironing out a few things with servicers and come January/February - their process will go full gear - haven't seen a thing.
Any thoughts on whether it's worth proceeding with them? Anyone hear anything good/bad about them or about timelines from them?
Any feedback is much appreciated.
Just a quick point of info. The National Mortgage Servicing Conference and Expo is in a few weeks in Texas. One would think that all of these types of organizations would be setting up as exhibitors, or even attending this HUGE conference to get the attention of lenders and servicers if they were REALLY trying to work with defaulting assets. You see most all of these types of organizations at the REO Expos taking agents money left and right...
2.) Depot Point
5.) Foreclosure Response Team
While all are very quick to collect agent fees and promise the world, NONE are exhibitors at perhaps the most important servicing conference of the year. Heck, one person from service link was the only one on the attendee list so far from the above organizations. Thats OK with me, more of an opportunity to put The Short Sale Specialist Network on the map!
And another side note, last August at an REO conference I met with an exec of one of the above organizations (known in the REO industry) at a dinner party, and he was VERY quick to say that they are NOT locked in with another organization which claimed that they had "partnered first" with them.
By simple estimates from their own numbers, they have now collected 5-7 million or more from agents, and I have yet to find anyone claiming to get anything from them in ANY forum on the net, and I get around!
Regarding Partnerfirst's lead program...I believe that will be addressed on the webinar this Thursday 2/17/11. I did speak with Mark Comer the president of Partnerfirst last month and based the feedback I received we should start seeing leads very shortly. I know there were a few unexpected obstacles that came up which delayed the process. The system is in place, and I am confident it wont be much longer,
I have received a lead from Partnerfirst and I have a listing appointment set up. The lead program has started!!
Keller Williams Arizona Realty
Voted #1 Real Estate Office in Arizona
9500 E Ironwood Square Dr.
Scottsdale, AZ 85258
Average agent after training and one year waiting for NOTHING from them has paid out over $1,000. They make it difficult for GOOD, ethical and legitimate companies to actually do business. We have to do things like a guaranteed listings program and get REAL testimonials because of the many companies like this over the last few years.
I signed up with partnerfirst 4 months ago. I pay the monthly fee. I completed the training and I haven't heard a peep. I actually called them to ask to just pay for the rest of the year and noone has returned my phone call. I was also recommended by servicelink to sign up. What is the deal?
BEWARE OF PARTNERFIRST! PLEASE DO RESEARCH BEFORE SIGNING UP NOW!!!
Have to agree with you Mike. I took the course etc and got empty promises. One thing I would share with anyone that works for Serviicelink...they require you to carry E&O...which we all carry...but be sure you also carry Personal Business Liabiity. If you want to know why email me personally...Donna@neassetpros.com
Another link to check out is the posts on Reo Pro related to this topic.