Beware of BankerREO | FootprintsRE- Scams against Real Estate Agents

By
Real Estate Agent with International Properties and Investments LLC
http://actvra.in/VDY

Beware of BankerREO | FootprintsRE- Scams against Real Estate Agents

The complaints are in the dozens against BankerREO.

Just google them to see all the complaints against them. Mike Linkenauger who owns Short Sale Specialist Network sent out an email with evidence that FootprintsRE is the same company that BankerREO was. 

They are just out to scam you out of your money.

Beware of these kinds of companies that promise to get you REO assets to list. Check out the phone numbers they are calling your from. Do your due diligence before turning over your money to them.

They call you on the phone and tell you that you can have your city as an exclusive area to do REO listings in for $349. Don't give them your money! 

The REO business is not easy to get into. Asset managers from REO companies most often do not solicit you! They have plenty of agents to give their assets to. Please don't fall for these "too good to be true" stories. 

Mike created a video about the proof that FootprintsRE is the same company as BankerREO.Here is the video:  

You can follow the video to see that through a google cache this is the exact same company, just with a different name. In fact, when you look at the websites, they are exactly the same except they changed their banner. 

Please help this go viral. Please post on your facebook page, google plus page and linkedin.  Reblog this blog. Write a post about this and add the video. Link to the video. Help stop this scam. When writing about them, don't give them link juice. 

Please join the linkedin group to help get them shut down - http://www.linkedin.com/groups/BankerREO-FRAUD-453562

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  1. June Piper-Brandon 05/11/2013 03:41 PM
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Comments 16 New Comment

Ambassador
1,778,714
Nestor & Katerina Gasset
Realtors, Wellington Florida Homes For Sale
International Properties and Investments LLC

Margaret- I hope so too. 

Fred- I hope that agents everywhere will do their due diligence first before turning over their money to these kinds of companies. 

Merline- The one thing that agents need to understand is that there are so many REO agents- the REO business is down and that most of the asset managers have waiting lists of agents who want assets to list. It is highly unlikely that a company is going to be able to get an agent assets without going through the regular channels. 

Julie- Yes, you are right. Most assets come directly from the source and equator and such, but also, most REOs also require agents to go through steps and application processes such as fannie and freddie do. 

May 13, 2013 02:45 AM
Rainer
61,420
Virginia (Ginger) Schott
Assoc. Broker, CBR, CHMS
Century 21 Geba Realty Assoc.

Thank you, Thank you, Thank you.  They have been  trying to reach me all week.  I just Googled them and saw your blog.  Thank you!

June 22, 2013 01:03 PM
Rainmaker
1,752,969
Gita Bantwal
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
RE/MAX Centre Realtors

Thank you for the advice.

July 10, 2013 04:05 AM
Rainmaker
130,762
Liane Thomas - Corona & Riverside Real Estate
Bringing you Home!
The Jet Team, Keller Williams Realty, Corona Real Estate

Thank you for sharing. They called me today and I was on the fence until I read this. I fell for BankerReo, not gonna fall for this one, too. Thank you!

July 17, 2013 05:58 PM
Rainmaker
1,752,969
Gita Bantwal
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
RE/MAX Centre Realtors

I just received an email from them yesterday saying they have a referral in my town. Thank you for the reminder.

September 16, 2013 04:18 AM
Ambassador
1,778,714

Nestor & Katerina Gasset

Realtors, Wellington Florida Homes For Sale
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