One of my evaluation customers who sends me work indicated that when I get to 60 total BPOs I will begin to receive BPOs directly to my email, exclusively, with a time limit to respond before it goes to the "free-for-all".  I'm on my 13th one now and at this rate I should get to my 60th one maybe by the summer of 2010.  Here's my evaluation of BPO's so far:

1. Some were so easy I had completed them within one afternoon in about 3 hrs.

2. Others, and most of them, require a moderate amount of work to get completed before the deadline, 1 to two days.

3. Then there are the rejects which all were late completing and took several days beyond the due date.

The Good:  payment by the evaluating company has been excellent, the pay fair but alittle extra pays for realty fees; learning new neighborhoods and subdivisions; generates a few leads to followup to a listing or sale.  My ranking is all above 91% to 100%, so far a clean record.

The Bad:  time consuming when the valuation is tough to complete or is rejected to needing more comps or explainations.

At least for me, it's nice to have the extra coin, and I talk with a lot of prospective people about BPOs values and I find and seek out a lot of FSBOs.

 

 
Posted by Robert OHaugherty, REALTOR, ABR on 04/04/2009 03:49 PM   Comments (2)   bpo  
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Robert OHaugherty, REALTOR, ABR

Southlake, TX

More about me…

Rutherford Realty, L.L.C.

Address: 1200 S White Chapel, Ste B, Southlake, TX, 76092

Office Phone: (817) 310-6289

Cell Phone: (817) 366-7911

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Furthering the real estate industry through communicating ideas and experience, and to eliminate any misconceptions, misrepresentations, expose scams that seems to proliferate in the real estate industry.


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