Every year at this time I have to sit down and think about what to spend my REO budget on again. RES.Net & reotrans (now equator) are always at the top of my list but there are TONS of other sites and some look good but I don't have enough feedback to make an informed decision. Others looked good last year but didn't make the cut in production. Many are affiliates (read: owned by) the banks, asset managers & other interrelated companies and others lead to bpo business only and nary an REO in sight. What to do?? It's easy to spend a fortune and our budgets need to be targeted to produce results.
I'd love to hear what the rest of you are budgeting for this year and what companies are producing the best results. I haven't tried Lamco before and would like to hear from anyone who is with them. They've been at it a long time and have just come out with a new platform that is supposed to be good.
Happy Closings in 2010 :)