Two different BPO companies

By
Real Estate Agent with Transaction Realty 500 Reno, Nv.

I work for many different BPO companies.  I did a BPO for one company.  The sold comps were for $252,000, $260,000 and $265,000.  The listed comps were for $230,000, $235,000, and $239,000.   I said to list the home for $250,000 and expect to sell it for about $240,000 depending on the interior condition.  The company's quality control rejected the BPO, saying that my price was too low comparing it to the sold comps. 

Same situation, different company.  The company's quality control reject the BPO, saying that my price is too high comparing it to the listed comps.

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Groups:
REO
REO REALTORS
Tags:
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bpo

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Rainer
139,915
Freddy A. Saavedra
KELLER WILLIAMS REALTY PROFESSIONAL PARTNERS

Catch-22 if I ever saw one, price is a matter of opinion and if you have the facts to back you up along with the local market prices then you are right. They are not the local experts you are.

September 10, 2008 12:40 PM
Anonymous #23
Anonymous
Johnathan Worldwide Realty

I found a FREE list of BPO companies at www.bpoaccess.com and signed up with all the companies on there. Why are agents paying for a list when they can just google search "free list of bpo companies"

November 07, 2008 10:27 AM
Anonymous #24
Anonymous
Shawn

Please stop by my blog and give any information on free choices for BPO information. Another area that complements BPO's are field inspections. I don't have as much information on that yet but I'm still searching.

 

http://www.inexpensiveinvestinginflorida.com

 

Thanks

March 13, 2009 02:56 PM
Rainer
7,293
Eric Auger
prudential Americana Group, Realtors

Hey there,

Banks need Real Estate Agents to help list and sell $600 Billion worth of foreclosures.

Well I am getting my share of the pie! I just bought the BPO and REO Kit here:  http://tinyurl.com/d2tvnk

I thought you might want to give this a try too. Check It Out...

 

Best of luck ...

March 24, 2009 12:13 PM
Anonymous #26
Anonymous
Anonymous

Hey Eric,

Please stop advertising your thing BPO/REO kit whatever. It does not help anybody. You can get all the info here in Activerain for free. Why spend that money which is already equivalent to one interior BPO order. Stop plugging your ads Eric all over the place. You are not helping anyone but your own purpose of making money out of the Realtor's money. Do something better Eric. I don't even think you are a Realtor.

March 24, 2009 01:03 PM
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Rainmaker
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Matt Kofsky

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