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Who has worked with Team Lear asset management Company in Colorado?


Who knows "Team Lear" as asset management company: I received a call today from an Asset Management Company "Teamlear" from Colorado. The spokes person, Ms. Jordan claim she is the asset Manager, that she wants me to do BPO for her company and that all the BPO's l do will result in REO which l will be listing for them. She furher said that she will be requesting me to deposit $400 for the home maintanace, a one time fee. Then l will pay $54.00 for the software to use for their program. I do not belief her, but has anyone heard about this company or did any business with them? I know am not paying any money to them.

Are they fraud or real? They have a website:

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Run - Personally I think it is ABsolute reo reincarnated or something very similar. They are getting crafty too. LONG riff about how they need some one in your area badly & then they run down the zip codes. Just when you think it might be something profitable they spring the $449 - they didn't get me but I do so abhor the waste of time even speaking to them. This riff has gotten better over the years and they go out of their way to be personable and engaging - poor overworked asset manager etc. RUN some more. 

Asset Valuations in Colorado is reputable and does pay. I have done BPOS for them for many years. They used to be in Corona, CA before moving to Colorado.

Yep I had this call just now, was skeptical from the start.  Seen this too many times.  She gave me the address and of course I look it up as she's talking.  The house closed escrow 4 months ago, was an reo then. I explain this to her and she assures me Select Portfolio Services owns it.  I tell her that the owner of record is not a bank, it's names of regular people.  Nope, she's sure they own it, she's part of legal of course.  I let her go on for a while, found this post while she was talking.  Asked if I'll need to pay anything up front.  She didn't answer that directly.  I hung up.  Thanks for the warning everyone!  These scams just don't seem to ever die.

I just received a call today from Krystal of TeamLear --  asking for $400, +49 to use their software --  Sounds like a scam, she gave me an address with a NOD!!  She also said that the $400 would is for property preservation and would be refunded at the close of escrow!!  She was talking too fast and scammish!!

What a rip off!!

Realtors Beware!!

Wow, I too received this same call today. After being scammed by Someone called Reo Solutions (Reo Pro in disguise) I was reluctant. And she was fast talking the entire time. So glad I had my guard up and hesitated. Thanks for this post.
Just received a call from Clarence Chapman at Lear Disposition, same scam, wanted the same amount for deposits against utilities etc. the property they gave me is already listed and in escrow by our company. Haha. Run from these idiots.

I still don't get the utility/maintenance deposit. I have many times tried to think how to  request the same thing FROM asset companies that require us to turn on utilities and do other property preservation.....  The other way around doesn't make sense in the first place and should have been the first clue of a scam. ...

How do they have so many different people calling? it one or two people who change their names when they call?  Do you think those dialing for dollars know they are part of a scam or do they really believe what they are being told to say?

Got the same phone call a couple of days ago. Why I listened patiently is beyond me. Don't you think that they would eventually give up, honestly? I tell her thank you that I will have to call her back that I was with clients at that time. Really? Last person that called me months ago I managed to get into an argument with because I called them out on their so called company and procedures. I didn't feel like arguing again.

They are making the rounds.  Everyone please keep spreading the word about Team Lear--ReoCorp-etc.  They keep changing the name but ask for the same amount of money or very similar amount. They never produce anything but a few free BPO's for the Agent to do.  We need to get them all shut down.  I was taken once but never again.  Please keep spreading the word that they are a scam

Colorado seems to be a haven for BAD BPO companies.  When they tell me they are based in Colorado I say GOOD BYE

I also received a call from a lady named Crystal White of TeamLear stating the same pitch. I told her that I do not do business to pay my asset company upfront, asset management companies that I do work with pay me for my BPO and REO services to them and not the other way aroundl.$400 upfront on my credit card, she must be kidding! Stay away from these calls! 


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