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I was talking with a person whom I do alot of short-sales with who said that some bpo agents who also get REO's are purposely overvaluing the BPO's on short-sales so that it won't go through knowing that when it goes to foreclosure that they have a chance of getting the property at REO. I asked her some more questions regarding this, and she said that alot of these agents do BPO's for the same companies that they get the REO's from. If this is true, I really think it is a crummy thing to do to people. It just shows the integrity that some agents show out there in the field. I usually don't blog much but just something I had to vent about. Have any of my Fellow agents heard stories about this or had alot of trouble with their BPO's? Thanks for your input.

 


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Ned Stock

Ashburn, VA

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Exit Realty Talbot and Company, Inc

Office Phone: (703) 574-3778

Cell Phone: (703) 868-7065

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