Actually all the above as commented by you. This is one of the largest in the US which had a reo dept. before the government found out they tried to get agent to price low. I fought with a short sale valuation which was kicked back with more questions. In this case, I told them to order their own report from a professional appraiser. That triggers a compliance issue.
Two weeks have passed I feel good not have to deal with this company. I picked up ones or twos from small companies for more $ /rpt and showing rental homes between listings. Thanks for asking
thank you CeCe I do about 30-40 a week. since I am semi retired from regular real estate so the auto saves me a lot of time. I am sorry about your physical issues. It is He** getting old. I am with you there. I must cut back. I feel they expect too much for too much work and so little pay. Better to work another avenue in real estate. But I have to eat.
I saw you have worked with Selene. I have 10 assignments. We are a new judicial state w/ 6 mo redemption. I got the 1st listing contract and was totally taken back. Non exclusive listing w/ 3 clauses that are designed to eliminate procuring cause. A clause to make their payment of utilities at their discretion. At any time during the 3 mo. listing period they can pull it for special programs (REO to RENT I assume). Broker is not entitled to any expenses incurred if pulled. This does not exclude utilities or repair expenses. This leaves me so exposed. I am afraid to move forward.Contract is dangerous to my business as written. I have $15k in repairs slated. The pay direct to contractor but can disapprove & stick me with the repair bills at any time. (2.1% -$150 pyramid tech fee) . Is this typical? Have you has good experience with Selene? How many have you closed? Any info would be so appreciated.
No comments yet!
Welcome to REO Pro - Real Estate Default Professionals