Rick Sayers replied to Bob Coffey's discussion Absolute REO Solutions??
"You/we need to change our thinking. In my area in Southern California, the REO's are way down and the agents are fighting over the listings, they are giving listings to agents over a hundred miles from the property! Here the action is now in short…"
Jan 16, 2011
Rick Sayers replied to Bob Coffey's discussion Absolute REO Solutions??
"It's not for real. DO NOT DRINK THE KOOL_AID>>>I REPEAT DO NOT DRINK THE KOOL_AID. I get calls all the time,,,'If you will do BPO's for FREE we will consider you for future listings', ya right!"
Nov 24, 2010
Rick Sayers replied to Bob Coffey's discussion Absolute REO Solutions??
"The handwriting is on the wall for these companies. We need to band together and stop paying for promises that don't come true.A year ago I was forced by Equity Pointe to pay $200 to REO Vendor Manager if I wanted a listing on a $55,000 property…"
Nov 16, 2010
Rick Sayers replied to Bob Coffey's discussion Absolute REO Solutions??
"It looks like they have been in business since 7/2009, not very long.Here is the link to the Better Business Bureau, there have been numerous complaints,
http://www.bbb.org/chicago/business-reviews/financial-services/abso....
I believe this is a…"
Oct 18, 2010
Rick Sayers commented on Rick Sayers's blog post Asset management companies are losing revenue and trying to make it up on the agents.
"I was the fool.RESNET got my money. Luckily it was not my last dime.FNMA is switching to Equator from RESNET so RESNET is looking to make up for the lost revenue. DO NOT, I repeat DO NOT spend a penny on RESNET banner ads!!"
Sep 28, 2010
Rick Sayers posted a blog post
RES.NET and all of the other asset management companies are losing revenue as the market shifts from REO to short sales. So what do they do? They start charging the agents for bogus and unnecessary things like mandatory software $200, mandatory…
Sep 16, 2010