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BrokerPriceOpinion.com & First Valuation Subject of Recent Class Action Lawsuit

As blogged by Peter Christensen on Sunday December 8, 2013, a class action lawsuit was filed against BrokerPriceOpinoin.com and First Valuation LLC, First Valuation Services LLC and First Valuation Technology LLC for not having "true corporate separateness in their operation". Firms taking place in this suit are from Florida, Washington and Colorado  however, they were not named specifically.

The plaintiff is a real estate agent, Kathy Wornicki from Florida. She claims that she is owed about $880.00 for BPO work she performed in 2012 and 2013. Apparently she claims that the defendants breached their contract by not paying her on time. She is going further and claiming that not only have the plaintiffs not paid her but thousands of other agents across the country.

 

To read Peter's article yourself, visit his site at http://www.appraiserlawblog.com/2013/12/class-action-lawsuit-filed-...

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Comment by Joan Willis on October 3, 2017 at 9:37am

Does anyone have the information to join in the class action suit against Broker Pric3 Opinion?

Comment by Pat Ferrell on January 20, 2014 at 6:09pm

What do you have to do to get Involed with the class action law suite for Broker Price Opinion.

Comment by Michael Didier on December 30, 2013 at 3:14pm

I received lots of $20 exteriors from BrokerPriceOpninon and they were worth it as they were 4 photos and quick form (assuming you dont take orders over 5 miles away) However I was NEVER paid 1 cent. I would call and they would say payment will be sent, then they said it was sent then they just stopped returning calls.

I am in a small market and I personally knew a bunch of the owners of the homes I was to do BPO's for. Most said they were refinancing with Harris Bank. I also know the loan officer at the local Harris branch and she told me they are all people who are refinancing and only have small loan amounts so appraisals are not needed only BPO's . I told her I have never been paid and she said she will look into it. Called me back and said Harris uses a 3rd party company to do BPO and it is not BPO.com so there 3rd party is farming it out to BPO.com.  So I do the BPO give it to BPO.com who sells the report to a 3rd party who sells it to Harris Bank. everyone gets paid except me........good stuff.  In the end I accepted a bunch of BPOs and never did them as that I felt was my only recourse.

Comment by Donald Batho on December 30, 2013 at 11:47am

I called a MR. Pool and told him to pay or I would turn it over to a collection agency, file a suit, and harass him to no end.

Comment by Sarah Rummage on December 30, 2013 at 11:41am

Does anybody know if you can file in small claims court locally for BPO's not paid?

Comment by Donald Batho on December 30, 2013 at 11:39am

Finally got pay half of what is owed to me. Won't do any more - FOR SURE

Comment by Jim Clauser on December 16, 2013 at 5:27pm

Anyone know how to get on the list for for the class action lawsuit?  I emailed the plaintiff and the law firm with no answer.  They owe me $600.00

Comment by Julio A. Shea on December 14, 2013 at 9:17pm

They also have not paid me for one bpo I did back in 2011.

Comment by Jenny Erhardt on December 13, 2013 at 12:42pm

I am out payment as well. My "support ticket" from July was never worked and my login to the support portal to check status doesn't work and won't reset....and of course subsequent emails to customer service have funny language like this:

"I forwarded your email concern to the appropriate person about this. I do not work in accounting I am in the call center and accounting is not anything I have access to.

 

Thanks"

Comment by GAP on December 11, 2013 at 2:52pm

Accept the orders and then just wait for them to call once the due date has passed, then at least you can speak to someone and give them a piece of your mind!!

;)

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