REOPro - Real Estate Default Professionals

America's Largest Social Network for Default Real Estate Professionals

Has any one had assets reassigned through PAS and been terminated with no explanation, that happened to me last week. Is there something going on with PAS, I have been an agent with them for 12 years. Any info is appreciated.

Views: 746

Reply to This

Replies to This Discussion

I know of several agents who have had a longer history with PAS who got the axe. No reason, no explanation, just a you are done email.  And of the real sting was being told it was not up for discussion.  All you can do is be grateful for the business you did get and move on. They have way more agents than they need so they are trimming.

Thanks for the reply, it is discouraging when they don't give you a reason. I am the only agent in this area, there used to be 2 of us, but the other agent retired. I am grateful, however for the time I had, I only wish I knew the reason, maybe they are looking for "younger" blood.

They sure aren't hiring so not sure if the younger blood thing is it.  It's frustrated a lot of folks, I can tell you that. 

I have heard from others that they were firing agents due to audit concerns, i.e. addendum to work estimates not looking kosher as well as time stamp photo issues.  The worst part is that they are not giving any reason.  good luck.

How do you sing up with them ?

SING whatever you want...

 

You have to call Wells Fargo, I can't remember the # right off the top of my head, but it doesn't make any difference because they say they aren't taking any new agents.

This is nothing new, they've been doing it for years. At one point I got 3-4 listings a month from them. Then they said I had to take online training to stay in their network. I took it, cost $400. Then they added a bunch of agents and I went to 2-3 listing a year. That's when I dropped them.

I also know of several agents who got the axe.. I am not sure if I'm on their list or not since I haven't seen any new assets since March 2014.. I know it's slow, but if you don't get an email, does that mean you are still in with PAS?  My WFHC doesn't seem to know what's going on with them either..

If you haven't gotten an email saying you were terminated, then you are ok...for now, it comes without any notice at all.

I received a letter also. They terminated their relationship with all agents in our area with the exception of one. Do to lack of inventory the letter stated. Two can play at that game.

Yes we worked with them for over 20 years and they dumped us last December.  We had 17 properties taken from us.  Many were occupied that we spent a year of our time trying to get the occupant out.  Then they dumped us with no explanation other than they are going a different direction. 

RSS

© 2019   Created by Jesus (Jesse) Gonzalez.   Powered by

Badges  |  Report an Issue  |  Terms of Service