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Hello - Glad to be a part of the group and thanks for having me. I received a call from res.net yesterday "just letting me know" that they signed on a lot of new clients and because I was a past member they were offering me a discount of just $490/yr. I said that the last time I signed back up with the promise of new accounts I paid $700 and got nothing. I then asked if I could get a list of the "new companies" so I could review it and make my decision if I wanted to throw out another $500 for a hope and dream. The lady from res.net said she could not email me a list but she give me the following companies as "new to res.net" - Ditech (??), Carrington, NRes (??), Zoom, Green River and NationStar. Can anyone shed any light on if they think the res.net sign up is worth it and what other companies are actually using it? I have been in REO for 8 years, have had a few clients here and there that used it but I had decided to let a few of those companies go over the past few years and have not had a need for res.net. I appreciate the input. Thanks!
I was a res.net member for many years. But the last time I did not sign back up. I was not getting much and the expense is more than what a would equal two commissions in many cases. Some of the REO companies go though auction sites and the commissions are very low making it difficult to justify the expense.
Some of my Wells fargo PAS assetss were switched to a service that uses Res.net so I would be curious if any one is getting REO's through Res.net in 2016 thus far too. I am hesitate to pay as well.
I thought PAS used Aspen??
yes, they do; I've been w/PAS since late 80's!
I have been a member for a few years and got quite a few REO listings that required Res.net. Just finished up my last two last month. I would rather work with companies that use Res.net as it is easy to navigate compared to companies who use their own reporting platform like REO-Central & SingleSource.