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All Blog Posts (1,993)

Pay rates and counter offers to Asset Management Companies

Fellow REOPros.  If you complete BPOs, I offer a way to calculate what your minimum fee should be instead of just taking low ball offers for your hardwork.  Here is the spreadsheet I use below.  This is for residential properties only.  I have attached the spreadsheet to this post.  Download it if you like.  And if the spreadsheet comes out less than $50.  I use $50 as my rate for exterior drive by.  For interiors my minimum is $75.  Thanks.

1)  Open a spreadsheet.

2) …

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Added by Richard F. McAllister on October 19, 2017 at 12:30pm — 2 Comments

Renting to Students in Santa Cruz, Ca: Pro's and Cons

I am a realtor and a Santa Cruz rental property investor since 2000. There are many reasons to invest in Santa Cruz rental properties, some of which I have discussed in …

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Added by Marcy Moyer on October 1, 2017 at 2:09pm — No Comments

Santa Cruz, Ca. Is A Great Place For Real Estate Investors

Santa Cruz, known for the beach, the boardwalk, Pacific Ave, hippies, and organic food, along with University of California Santa Cruz is also probably the best place for investors looking for rental properties right now. Here are some reasons…

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Added by Marcy Moyer on October 1, 2017 at 2:07pm — No Comments

Horizon Solutions Online

Was contacted by them - $99/yr basic. They seem to be a Titanium offshoot of sorts. Anyone heard of these folks?

Added by Frank Popeleski on September 29, 2017 at 5:03pm — No Comments

BPO Automation Group Starting Work on New BPO AutoFill Software!!!!!!!

BPOA Logo The Leader in BPO Automation

Software Since 2009 

HUGE News About Our New BPO AutoFill Software!!!!!!!…

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Added by Nicole Ocean on September 28, 2017 at 5:00pm — No Comments

Secrets to Real Estate Success for Newbies

Secrets to Real Estate Success for Newbies…

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Added by Nicole Ocean on September 21, 2017 at 2:25pm — No Comments

Hurricane BPO Orders

Do to the recent Hurricanes in TX and FL do you think BPO orders will increase?

Added by Candis Perino on September 17, 2017 at 2:45am — No Comments

I do BPOs/REOs (Broker Price Opinion) Virtual Assistant

Added by Quality BPO Services on August 14, 2017 at 5:31pm — No Comments

Broker Price Opinion Needs

WePro BPO has been established as a Broker Price Opinion outsourcing company which caters all types of Residential and Commercial properties throughout United States.

Our company started as a small business partnership in 2008. 

With the perseverance, commitment and continuously delivering high quality reports of the people behind, the business started to grow and created a team of highly skilled real estate analyst who are best…

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Added by Linda Samer on July 15, 2017 at 1:45am — No Comments

4 Perks of Solo 401k for Business Owners and Freelancers

Solo 401k for business owners

“Save your money. You’re going to need twice as much money in your old age as you think.” — Michael Caine

If you’re self-employed and trying to boost your retirement savings, Solo 401(k) plans are a potential option.

Solo 401(k) plans are qualified retirement plans for self-employed…

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Added by Dmitriy Fomichenko on April 26, 2017 at 6:28am — 2 Comments

Single Source/IMortgage fee drop

Ouch, they dropped fees for exterior BPO from $40 to $35.  I rarely accepted at $40 unless it was close by.  No way would I accept a BPO for $35.   This comes at a time when several others raised their fees.  One went from $50 to a varied fee depending on area to $55 to $65.  I do desktop BPOs for $40 - $50 without leaving the house!  One company went to $63 exterior and $95 for interior.  The BPO gets taken at $35 since it goes away.  Lots of hungry Realtors out their I guess.

Added by Ronald Sweeney on April 23, 2017 at 8:00am — 2 Comments

SmartVal Vendor

Does anyone know anything about SmartVal Vendor ? They are looking for Broker for BPO.

Added by DONALD C MILLER on March 23, 2017 at 11:17am — 7 Comments

Best IRA for Self Employed – Benefits of Roth IRA You Don’t Know

Best IRA for Self Employed Roth IRA is one of the well-known and oftentimes considered best IRA for self employed. If you are looking for reliable financial investment and retirement account, it is imperative to know more about this plan. Nowadays, you might find it more challenging to decide what retirement account to choose. There is a big difference as well as similarities…

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Added by Dmitriy Fomichenko on March 21, 2017 at 7:58am — No Comments

Seller Must Dos --Before Listing

1. Clean, clean, clean. Be sure to clean every nook and cranny in the house.

2. Pay attention to smells. Sellers should not smoke in the House or exits during

the listing period. If pets are allowed in the home, refresh the home daily with

air freshener - like Glade.

3. Clear out the clutter in the closets, in the bookcases, on the tables, in walkways, on counters, or

laying on furniture. Your goal is to make the house neat and attractive.

4. Boost the curb appeal… Continue

Added by KAREN WATKINS on March 15, 2017 at 3:06pm — No Comments

What's the next big thing with BPO/ REO's industries ?

As an agent with 10 years experience with BPO/REO companies I'm finding the fees and commissions getting extremely low. Just last week I had several requests from companies I have worked with for years offering fees as low as $35.00. I did request fee changes for $45. to $50. which I still think is low. I did not get one order. I have a license, continuing education, MLS and board dues  not to mention things that go with being self employed. Office, gas, health care, paper computers and the…

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Added by Craig A Haass on March 10, 2017 at 11:11am — 13 Comments

Metrics Help Us Understand Real Estate Market In Downtown San Jose

 

While it may seem as if it is hard to determine what is happening in the downtown San Jose condo real estate market, there are some majors metrics that are quantifiable that can help you see where the market is going. These markers include:

 

  1.      Sales to list price ratio
  2.      Days on Market
  3.      Months of…
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Added by Marcy Moyer on February 8, 2017 at 9:58am — No Comments

Wells Fargo caught with hand in Cookie jar over charging for BPOS

Bonjour,

  We all feel the pain as do appraisers, so if you did BPOs for Wells between 2005-2010 those BPO companies were cleaning up while we were getting peanuts. Take a minute to view these guys adding humor to current issues.…

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Added by Paul Mausteller on January 27, 2017 at 8:37am — 13 Comments

Self-directed IRA: How to diversify and grow your retirement portfolio

Understanding Self-directed IRA

“The beauty of diversification is it's about as close as you can get to a free lunch in investing.” Barry Ritholtz

How do you feel about staking your entire future on the stock market? Risky, right! Who would do that? Surprisingly enough, a lot of investors are putting their money in the stock market directly or…

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Added by Dmitriy Fomichenko on January 11, 2017 at 8:32am — No Comments

Selling A Palo Alto Home In Probate or Trust With or Without Tenants

Palo Alto Probate Home

This is a question I get asked all the time. When an owner has passed and has rental property should the heirs sell the Palo Alto probate or trust home with the tenants in place, or wait until the lease is up?

 

While most years I would say wait until the tenants are gone but with the uncertainty of how interest rates will affect prices and what will happen to a Palo Alto market that…

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Added by Marcy Moyer on January 8, 2017 at 9:52am — No Comments

Buying A San Jose Condo That is in Litigation



Brickyard San Jose

Developers don’t build condos with the intention of sloppy work that they hope no one will notice. But never the less, they almost always get sued in about year 8-9.

 

In California, new construction comes with a 10 year warranty on latent defects on the structure. In plain terms home owners and homeowner associations have 10 years to sue a developer if they find problems with the structural components of a building such…

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Added by Marcy Moyer on January 3, 2017 at 10:38am — No Comments

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