REO Pro - Real Estate Default Professionals

America's Largest Social Network for Default Real Estate Professionals

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:

Views: 32319

Reply to This

Replies to This Discussion

I guess he saw my post on Linked In.  He mentioned another company that had to do with auto care that is connected to this group but I am not going to post anything about another company that I do not know.  I encouraged him to go to the local authorities.  He said the calls that go out to agents come from inmates that are hired to perform the calls.  Just what I wanted to hear that inmates are collecting credit card information.

He called me too. The name he gave me was "Paul Miller" back when.

He called me and left a message, which I have saved! The irony is that back when this was all going on he was the "manager" who called me back to argue with me after I challenged the "asset manager" about the validity of the scam. I knew it was a scam from the first call went along with it for comic relief! It was ironic because he would call and email me arguing about the validity with such fervor that he really believed in all of it. 

He is obviously butthurt over something and now turning over on the people behind the scam. He obviously can't go to the law himself so he is trying to get us to do it for him.    

Glen, what did he say about turning over on the people behind the scam? 

Wow, I too just got the call from 'Team Lear'.  During the pitch from time to time I would get the creeps and unfortunately I was not close to my computer so I couldn't do any research.  The listing they had for me was a 1.5 mil property in default and I got taken down.  I can just imagine them doing high fives with my credit card info.  That's okay, live and learn, I will cancel the charge on Monday.  Geez.

I just had the guy from Lear calling me and offering the same deal on an REO. $449 fee that will be refunded upon closing of the first property. When I told him I was researching his company he started to stutter and hurried to get off the phone.

Got the call from Team Lear.  When I questioned him he said he would send me more info in an email.  No link to website, no contract agreement, nothing but his mug. I already had his name and number from the voice mail he left me.  Total scam.  This is what he sent:


I appreciate you taking your time to speak with me, and I am looking forward to a long and prosperous business relationship with you. 
Warmest Regards,

Michael Rogers

Asset Manager
Direct Line: 720-515-7037 ext. 232
Office Line: 720-515-7037 

Hello all, I just received a vm at my office from a woman named "Faith Thomas" saying she was an asset mgr with "Team Lear" and it was very "urgent" I call her back about an important listing opportunity they wanted to assign me!  Why don't these fraud artists know we're ahead of the curve when it comes to this type of scam?  Send them money first?  They must be kidding! No thanks.


I signed up with Team Lear.

I went in and did the certification test for REO and then she gave me 2 assignments.

I did pay the money and do know that I have to pay REO resnet 700.00 a year to use their platform

I get many of lisitngs from them.

The 2 properties that need
BPO also are on my foreclosure list.

I haven't accepted them yet based on reading this.

My only worry is that when I call them it goes to a voice message and then I have to leave a message.

I talked with Riley Newman and she wanted to get this done on Friday.

I don't know yet, but I did call her and also email her my concerns.

Any thoughts?

The Res.Net angle is new. I'd check with Res.Net to see if Lear is one of their clients and if they have actually assigned listings.  Also inform Res.Net of this discussion. 

Also you do not get listings from  You get listings through 

I am sorry but you have been scammed.  If they are wanting you to sign up with Res.Net that is a new ploy.  I have received emails from Green River capital that state they do not work with them.  Let's not forget the former employee that called me to tell me they use folks from prison call centers to scam us.

They will have you complete the BPO's but that is where it ends.  Try to get your credit card company to refund your money.  If you check the county records for the properties they have you do a bpo for you should contact that bank and ask if they work with Tem Lear.  How could so many agents be wrong.  Read all of the blogs.  They will continue to put new spins on this.

I use RESNET all the time. That isn't what she meant.

This is truly a scam and no I haven't been I have talked with this person and she knows that I am on to her.

How ridiculous that these people think they can do this to other individiuals.

Thanks for your comment


Send Invitations

Image and video hosting by TinyPic

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

Badges  |  Report an Issue  |  Terms of Service