REOPro - Real Estate Default Professionals

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Wells Fargo reduces Reo Agent from their rosters

Just got word that Wells Fargo had a meeting today and is cutting agents from their rosters. They mention that due to decrease in foreclosures.. Has anyone heard this also. I know one agent that got cut today from them.

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Comment by Alan Turissini on December 20, 2011 at 7:29am

Yes, PAS/Wells recently dropped me after donig business for 6 years and I had a high agent score.   But not worried as the new Aspengrove system was a nightmare and wasted too much time working with it.  PAS used to be the best to work with, now they are NOT!

Comment by Karla Totten on November 2, 2011 at 8:20pm
Florida, Ft Lauderdale area. Very cowardly way of doing it via email with no way to appeal.
Comment by Monica Dehnert on November 2, 2011 at 5:44am
I'm in Western North Carolina.
Comment by Alina on November 1, 2011 at 6:42pm
Thanks everyone, I was wondering if this was happening only in my state, Illinois. What state are you in Karla and Monica.
Comment by Karla Totten on November 1, 2011 at 3:39pm
Happening here. Experienced agents who have worked with Wells Fargo for years are being cut.
Comment by Monica Dehnert on November 1, 2011 at 9:06am
Yes, an agent in my office that handled REOs for Wells Fargo for years was cut and the inventory given to an agent 50 miles away.  Weird

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