Anyone heard of www.foreclosurepoint.com??

I've now recieved over 4 calls since this past Sunday from this company called Foreclosure Point. I finally called back and spoke to somone named Kathie Cornett who says they find REO Listing Agents. She also said they are in the process of connecting with Asset Manager's who will be using this site to hire new REO Agents. I'm not sure if I believe this. I've checked their site out a bit and the nice thing is that it's free to consumer's but there is a Annual fee of $599 for Listing Agent's which allows you to post 5 REO Listings. Has anyone joined this site and gotten Buyer referrals??? What do you think?
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Comments

  • Have you heard any more from Foreclosure Point? I'm busy with Titanium . . .
  • For what appears to be a start up company, this fee is absurd.
  • Yes, I feel the same way $599 is crazy! I've asked over 5 different REO Agents and no one has heard of this company.
  • Hah! $599?? I've never heard of them, and I'd stay away from them. You can list 5 listings? Wow, great deal....for them!
  • I wouldn't pay $599 for this type of service.... It doesn't sound like anything of value that you don't already have access to.
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