REOPro - Real Estate Default Professionals

America's Largest Social Network for Default Real Estate Professionals

They are requesting a $399 sign-up fee plus take a class for approval.  They have partnered with ServiceLink.  Any thoughts on these guys?  Has anyone had any experience with them? 


It looks like they are managing Citi assets and maybe others.


- Shawneequa

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I too paid Servicelink's Vision Sale and did not receive anything. I do get Servicelink REO's though
Personally----- I believe all the major players, realtor boards, software creators, and teaching institutions watched us ALL spend a ton of money chasing our "carrots" over the last 1 + yrs ( particularly at the start of the moratorium), We believed all the offers and promises because we wanted tooooo..... and we've been played.... All of them are "businesses" in it to make money anyway they can......
Its shamefull....
Myself?...... I feel abused and even my realtor board got on the bandwagon and is now sending me classes to certify me in "staging homes for sale"..... "how to use a blackberry" and even .."Green" realtor certification.... com'on now...huh???. the whole industry has turned against us.... and now feeding on us.....
We really need to remember that our experience can't be bought or learned in some 8 hr course...... It is earned........ if someone tells me I don't understand something, now, take this class, and we'll believe you, you'll be a pro.... bull*^#@.....I am already a pro.....and what I don't know.... I know where to get it.... no certification makes you a pro.... it only means you have another pc. of paper.......
The lenders are now a gamble. Reo's are a roulette game that we no longer have any say in......
I feel that I am signed up with a few major players that know me and thats it...,even so...I KNOW those companies will gladly bleed me if I allow it.............
My company is turning around... based on my ability and alot of research on my part--- not someones PROMISE.... Ouch--- I think I let my "nasty" out.....
I agree with you Rose (and Gary). I was hoping that NAR would have stepped in and actually initiated movements to end the gouging of their membership. I hope they understand that the more fees we pay to become aligned with the assignments of assets the less money we have to support the local, state AND national realtor boards. It common sense that doesnt seem so common. It would be ideal if relationships for credentialling were outlined so us as agents could send more time doing what we do which is pleasing our clients and less time worrying about the small stuff. Being out of pocket for all of these memberships and credentials is ridiculous.
I agree with you Rose. Where does it all end? In the last couple years, there has been a proliferation of events, conferences, default schools, equator certifications, and a whole bunch of meaningless other certifications…. The list goes on. Now, some of our clients are pinching our wallets like Bridge with their exorbitant fees and required events. Even Treo now has a $499.00 per year fee to be an elite member on their website.

I think that income is down for all these companies and they are looking for other alternative sources of income. Guess what, they are saying, there is a huge pool of gullible Realtors out there as a resource. We, as agents, are groveling at their feet. We are desperately writing checks in hopes of building our businesses and getting a piece of the action. The reality is that we are only building their businesses, not ours.

Rose is absolutely correct; a certification doesn’t make you a pro, only experience does. When I look back at all the money I have given away the last couple years for these types of things and compare the costs to the results, I come up with a big ZERO. My new motto is, “Just say no.”
Gary, you and I are probably going to get blacklisted......lolololollollolollolol......... my motto for 2010---
"Just say NO"............... I was planning on going to the default school conference in Oct.... now, I may not..... am going to start a thread asking the realtors that went to the last few conferences if they actually made any connections that has PUT money in their pockets??????.....
lets see what comes up????/
Take care
Instead Rose, you should spend that $500 on a short sale cruise of some sorts in October...

At least that way you can say that you got some fun and sun in return, and got to hang out with some connections who you knew would already be sending you listings either way!

I hear there is a good one leaving out of Tampa... LOL...

You guys know where I stand on stuff. While we charge a small annual fee, we deliver MORE than what we promise if anything. Experience is everything is my motto as well, which is why we pretty much give away our training and make it 100% optional.

I was disgusted at the REO Expo a couple months ago at what I saw.

I think I also got blacklisted...

I butted heads pretty hard with a guy from PartnerFirst over on my forum!
I have paid directly to service link in Jan 2010 for short sale referral. No communication from them. I have also taken their course as well and was qualified as a short sale consultant.
My response to all these companies out there that are trying to get me to sign up for their bogus memberships is if they will guarantee that I get at least one listing a month I will sign up, they say they can't make that kind of guarantee, I say bye bye.
I was told a few months back that they were in the "Beta" testing with only a few referrals going out to get any "kinks" out of their system. I appreciate all the comments since I also signed up with them and was at both the Five Star Dallas Conference and NAHREB/AREAA Conference in Vegas last week. I approached PartnerFirst at both places (they had a booth) and asked about their Short Sale referral program and those behind their booth told me they were "just paid to be there" and didn't know anything about when their referral program would actually start sending out our names to distressed homeowners in our communities.

My partner and I personally mail out post cards using NOD lists from the title companies as well keeping our past clients up to date on the Alternatives to Foreclosure and on our Radio Show... all of our Short Sale Listings have come from those 3 things, which we do ourselves.
I signed up with them, paid all fees, and nothing.  BIG RIPOFF IN MY OPINION.

I signed up with Short Sale Specialist Network 5 months ago and paid the fee and at least once a month a would call and the  membership department would tell me that it was very rare that there were NO SHORT SALES coming through their website for Maryland. I was even setup for most of the state so i would get the next Short Sale. After 4 months and the same response, i asked for my money back and they did credit me back my sign up fee. I just don't get it, Short Sale Specialists is recommended by Reopro and Harris Real Estate and they did not come through on their promise except for refunding the sign up fee!

Shawneequa, I was a premium member with Partner First almost from the beginning (about 2 and 1/2 years). I got no leads. They did have good training at the beginning and later they didn't offer additional webinars or anything. Just Tweets. I use to sale foreclosures for Servicelink (3 years). They were a good company to work with. They suggested I join Partner First when foreclosures started winding down. I did. It just never really took off. They did do files for Fannie...that didn't turn into a large scale program. They are doing some now for a lender based in Orange County Ca. Some of those are serviced by B of A. The company is Impac Mortgage. If they have loans in your area you might get some. They aren't in my area. I just decided to quit with Partner First. I didn't get anything but good training and that was helpful but that was just during they first year or so. After that that was it. I think  their model didn't take off. I don't think it is going to take off now for sure since there are fewer short sales now than then and lenders have moved toward dealing with their distressed properties themselves rather than farming it out to the Partner Firsts of the world. At least Mike's company deals with short sales one at a time and help you to do that. His web site for agents is the best out there. I'm just getting mine going and it's pretty much up to me to see how many leads I can create. It is work and you have to do it everyday (build your SEO to where your on the first page). With the Lead Machine you get a great lead capture site! I'd stick with that....I guess I   Check out my Lead Machine        See I'm building my SEO right here. That's the way it works.


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