Sandra C Brown replied to Michael Jordan's discussion Byline management
"Run as fast as you can"
Apr 9, 2020
Sandra C Brown replied to Rachel Chu's discussion Do you have a system for vendors submitting bids?
"We use a list of about 40 vendors.  Most are specialists but some are handy person types.
Two who are handy man also do the rekey work.  We send them out to rekey and get a list of bids  based on what we know/saw and what they see once they get…"
Mar 10, 2016
Sandra C Brown replied to Virginia K Davis's discussion LRC Asset Management
"They  are" for real" however long hours for low or no pay.  They are not on my DNU use list yet but I won't pay $199 either. Show me some love first and we can talk about a $199 course."
May 8, 2015
Sandra C Brown replied to Crystal M. Bush's discussion Carrington Property Services - Any Experiences With Them?
"Alicia,  I could not agree.  I accepted a listing for an $70,000 property with them.  Had to evict former occupant. I thought when I accepted it was 2% at closing I learned it was 2 less 35%.  I had to do weekly inspections. As the broker owner I…"
May 8, 2015
Sandra C Brown replied to Stephanie Belleville's discussion REO Agent
"REO real estate is very hard to get initially started. There are portals to join, e maillists of asset managers to buy or borrow. Associations like NRBA and REOMAC that once you get big enough will let you in and your career will take off.
BPO's are…"
Apr 17, 2015
Sandra C Brown commented on Daniel Norwood's blog post I need some advice please
"I have been a member of many years. I remember Cece.  NRBA is a tool along with other items. NRBA will help you by providing a foot in the door.  What you do after you get the foot in the door is up to you. Every year the number of foreclosures I…"
Apr 17, 2015
Sandra C Brown replied to Wendell Funderburg's discussion Reasonable Fee
"I agree Jim, I have not determined how some agent do $30 bpo orders.  My area is several counties and my prices vary with distance.  I decline more than I accept. I have seen people grab those $30 orders and I figured they were working for about $4…"
Jul 18, 2014
Sandra C Brown replied to Wanda Collier-Abbott's discussion Becoming a REO listing agent in CA
"It is a tough niche to break into.  I have been doing it for 14 years.  It took me several years to get in with enough players to stay busy.  Now inventory is so low many people have dropped out because of all the high fixed expenses.  I am the…"
Jul 18, 2014
Sandra C Brown replied to NEAL DALESSIO's discussion any body else tired of getting requests to do assignments for $35?
"I have a policy I reject all low prices then when they cannot get anybody to them my prices start at $100 to $200 depending on distance and tat.  If they paid correctly to start out then we would not be talking $200."
Jul 7, 2014
Sandra C Brown replied to Ginny Del Prado's discussion BPO COMPANIES THAT PAY...
"Noreen, You may want to consider starting your own firm.  I am a broker owner.  I could not be happier.  More double dips. I was a broker and division manager at a very large firm.  I had the highest split also.  Problem was 1) I was never getting…"
Jun 2, 2014
Sandra C Brown replied to Ginny Del Prado's discussion BPO COMPANIES THAT PAY...
"One important thing to consider is price points  I cover several counties and have different prices based on travel time for each as well as interior or drive by.  I will NOT give my time away with $30 and $40 BPOs .  If they want to haggle with the…"
Jun 1, 2014
Sandra C Brown replied to Pat Ferrell's discussion cash for keys
"I try a multi prong approach. 1) Certified letter 2) regular letter  and 3)  post a short please call  notice at house.
With each of these I have a form explaining cash for keys and what to expect.  I usually have done as much research upfront…"
May 9, 2014
Sandra C Brown replied to John Raybould's discussion Put up a sign and take one photo?
"In many states their business model is questionable at best.  You have to have a licensed realtor and a licensed auctioneer  in that state. In some states signs can be only posted by realtors.  Nationstar and Ocwen business model is designed all…"
May 9, 2014
Sandra C Brown replied to Herman L Dawson's discussion REO Listings
"Hernab, The market is changing.  My business is way up over 4 years ago.  Several things, never be content  with today's clients.  Here today gone in the morning.  Knowledge is power.  I know who has what in my market and I go after it. I execute to…"
Mar 28, 2014
Sandra C Brown replied to Jerry Filoteo's discussion CHASE - PAM
"The have a been known not be the quickest payer of invoices.  My understanding is usually stays at 60 plus days.
The require photos of every task"
Aug 2, 2011
Sandra C Brown replied to Jesus (Jesse) Gonzalez's discussion Fannie Mae Additional Required Insurance Minimums
"Several do.  I just can't think who off the top of my head.  I think you can  go to bpotools.com and get a list.  The problem is most companies won't write TN  as it has a state pool.  I just use risceo.  Much simplier.  Last year had contact over…"
Apr 9, 2011
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