Matt Kofsky's (mattkofsky) Blog

Just think about all the money the banks could save if they eliminated the real estate agents.  They can sell all the homes as FSBOs.  We can start off with BPOs.  No need to pay for them, just use Zillow.  We could also eliminate the asset managers. They can use Zillow to price the homes, loweri...

I was assigned an interior BPO today.  The contact (and future listing agent) is a company about 400 miles away.  I called and they gave me the lock box code.  I drove to the house and the locks have been changed but there is no lock box.  I called the agent and left voice mail.  About 30 minutes...

I am a morning person.  By 9 am I have gotten done over half of what I will accomplish in the day.  That is when I am most efficient.  I build my day around the fact that I am a morning person.  I do the hardest things in the morning.  I do the easiest things in the afternoon.  If you plan your d...

I just received 3 BPOs on the same street, 9130, 9175 and 9315. This is an established neighborhood, not a new home development. It definitely cuts down on the driving time. Oh, the things we do to entertain our self while we do BPOs. Can anybody out there beat my record?

I finished a BPO today.  It is for a rural area near here.  It is within the city limits but is 50 miles away from where I live.  In the area, there are 20 properties currently listed for sale.  There has been 1 sale in 2009.  There was 1 sale in 2008.  There were 5 sales in 2007.  My comps were ...

I was recently assigned an interior BPO.  I called the homeowner to make an appointment.  She told me it was a loan modification.  We agreed to meet at 4:30.  About 3:00 I received a phone call from her lender.  She was not comfortable having someone come into her house and take pictures.  The ap...

Different BPO companies use different forms with different fields on them. Sometimes 1 company has multiple forms. Did you ever notice that they always give you the wrong form for the property? One company has a form with questions about a guest house. I have always answered no guest house. I fin...

Different BPO companies use different forms with different fields on them.  Sometimes 1 company has multiple forms.  Did you ever notice that they always give you the wrong form for the property?  One company has a form with questions about a guest house.  I have always answered no guest house.  ...

I have 6 bpos due today. I will get them in on time. I have 4 bpos due tomorrow. I will get them in on time. I have never been late without contacting the company and explaining the problem. Why then do I get 5-10 phone calls a day asking me if my BPOs will be in on time? I really do not need mor...

I got another of my favorite email ads today.  It was for something.  It sounded interesting.  But they ended the ad with "It only costs $500.  If you get just 1 sale from this product, it will pay for itself many times over."  To me that is a big sign not to buy whatever they are selling.  When ...