Alex's Blog

Equity Pointe BPO / Broker Price Opinion Company.

Alex BpoAgent (Broker Price Opinion) — Wed, 08 Oct 2008 19:08:56 -0500

Equity Pointe is a REO / BPO Company. Its a full service asset management company working on the National Level. Provides its clients with Valutiaon products including Broker Price Opinions. They also deal with REO management and Asset Disposition.

EquityPointe - Link

Find More BPO Companies - Click Here

Please comment on you experience with this company.

Drive By BPO - Broker Price Opinion

Alex BpoAgent (Broker Price Opinion) — Fri, 21 Mar 2008 20:19:54 -0500

The lenders and companies that hire real estate brokers to do BPOs, or Broker Price Opinions, have very specific requirements. Don't assume from the name that a "Drive By" BPO will involve only a couple of photos from the car and a short form with information about what you saw.

The forms used by lenders and loss mitigation companies vary greatly in how they are laid out and the information they require for a Drive By BPO. However, examination of even the shortest of forms with the least required information reveals a minimum of the following form fields and requirements:

Location

Neighborhood

Conformity to neighborhood and zoning.

Home type, style, age.

Outside condition of exterior features.

Occupancy.

Garage or Parking.

The Lot size.

Estimated MLS/Tax record square feet.

Estimated MLS/Tax record room count.

Comments about the condition of the home

3 recent sold comparables with info.

3 currently listed comparable properties.

3 photos.

Get your FREE list of Mortgage BPO companies at bpo4agent.com

CLICK LINK TO GET YOUR FREE LIST OF BROKER PRICE OPINION COMPANIES and REO COMPANIES.

EmortageLogic Bpo Announcement

Alex BpoAgent (Broker Price Opinion) — Wed, 12 Mar 2008 03:04:01 -0500

e Mortgage Logic is now offering Loss Mitigation to better assist the needs of our clients. As a partner with EML, you can now benefit from this more than ever! This feature is designed to profit our highest rated agents and will be available to you in the coming weeks.

How do I get started?

Please click YES or NO below to notify us of your interest. This will automatically notify us at EML and update your profile.

We sent our first notification to our highest rated agents on Feb 22nd. As a result, we received some great feedback. Thank you for all of the great ideas and suggestions. Thanks to you, our partners, we look forward to the mutual success that will be achieved with this new venture.

Here are answers to a few of your questions...

What is EML paying for this service?

$65.00- Unsuccessful (3 trips made to the property with Warm Transfer, no contact or refused to sign)
$85.00- Financial Package (Could be asked to obtain and/or have financials signed)
$100.00- Loan Modification Package (Most used product. Secure signatures and overnight to EML)
$125.00- Both Loan Mod and Financials (Secure signatures and overnight to EML)

(Paydays will fall on the same schedule as BPO payments!)

Will there be short sale opportunities that will result from this?
We are marketing our services to a mixed group of clients. Some of the clients will only be interested in receiving the signed documents. Some of the clients will be looking to perform a short sale or a deed in lieu at a future date.
How will the assignment process work for Loss Mitigation?
Assignments will come in the same fashion as the BPO product. One e mail is sent to the highest rated agent. Agents are also able to see the Find Work feature for available orders.
Will the borrowers know ahead of time what is happening and that we are coming?
Our goal is to market our services to clients that have pre arranged access with their borrowers. We know the key to success is to have everyone on the same page so the process is seamless. We ask for 3 physical attempts to be made in the event there is no response or if there is an access delay/issue.
Will this lead to possible REO listings?
Just like with the BPO product, we market you to the client for potential REO listings in your area. Our clients can see your profile and rating and have the piece of mind that a real estate professional is handling a very important piece of the process.

Could this be another opportunity or to much work for to little? I think I want to try it. Oh yeah check out the REO listings part.

mortgage bpo

Alex BpoAgent (Broker Price Opinion) — Mon, 10 Mar 2008 05:55:19 -0500

Mortgage BPO. Mortgage companies are increasingly using Real Estate agents to perform Mortgage BPO orders. Majority of mortgage BPO s are drive by bpos. But its becoming very common for agents to do interior Mortgage BPO. They require a little more work but usually agent get paid more.

Get your FREE list of Mortgage BPO companies at BPO4AGENT.COM click link Broker Price Opinion

Alex Greben
Portland Real Estate

BPO Real Estate

Alex BpoAgent (Broker Price Opinion) — Mon, 10 Mar 2008 05:45:15 -0500

BPO Real Estate is becoming a booming business. Some agents are incorporating BPO real estate as a big part of their business. BPO real estate can lead to REO's. I've personally listed about 5 REO homes in the past two months. My advise to agents interested in BPO real estate is to just keep at it, it took me some time. Good Luck

Get your FREE list of bpo real estate companies at BPO4AGENT.COM broker price opinion

Alex Greben
Portland Oregon Real Estate

Gresham Oregon Real Estate

Broker price opinion training video

Alex BpoAgent (Broker Price Opinion) — Wed, 05 Mar 2008 17:33:11 -0600

Broker Price Opinion training video. This will be good for any new agents and anyone who needs a little training and information about doing broker price opinions. If you would like to see other helpful broker price opinion training videos or article let us know. Enjoy.

Click Here For the broker price opinion training Video

FREE LIST OF BPO COMPANIES CLICK HERE.

How to do bpo Video

Alex BpoAgent (Broker Price Opinion) — Wed, 05 Mar 2008 17:18:54 -0600

How to do a bpo? I came across this video of an agent doing an interior broker price opinion. He makes some good observations. I would hate to do this BPO. I hope he was paid more then $100 to do this one. With time its possible to learn how to do bpo s very fast. Enjoy.

Click here to learn how to do BPO

GET A FREE LIST OF BPO COMPANIES BY CLICKING HERE.

Finiti Bpo

Alex BpoAgent (Broker Price Opinion) — Wed, 27 Feb 2008 19:09:13 -0600

Has anybody done Finiti BPO s. I was told they would be ready in November 2007. Still haven't heard anything. Hope Finiti Bpo s will increase soon.

Free List of BPO companies.

HOW TO GET BPO's NOW

Alex BpoAgent (Broker Price Opinion) — Sat, 05 Jan 2008 02:10:25 -0600

Some companies offer a feature called get work NOW. When a job becomes available an agent can pick it up before an email goes out to hundreds of agents letting them know a job is available. Its not a bad idea to always be logged in and periodically checking for work.

Here's Some BPO Companies with this feature.

Emortgage Logic

Land America

Harbor

Pro Teck

If you know of any other companies please advise.

Free List of BPO COMPANIES can be found at bpo4agent.com

BPO Companies 3 more to know about

Alex BpoAgent (Broker Price Opinion) — Sat, 05 Jan 2008 01:54:37 -0600

Looking for BPO companies? Here's 3 good bpo companies to sign up with. I know there's hundreds of these BPO and REO companies, but only about 50 are worth the time it takes to fill out the application. Good luck.

Pro Teck

Real Trans

Safeguard Properties

Find more BPO companies for FREE bpo4agent.com Click Link Broker Price Opinion

Let us know if you had any good or bad experiences with these bpo companies.

BPO - 3 really good bpo companies

Alex BpoAgent (Broker Price Opinion) — Thu, 27 Dec 2007 23:08:10 -0600

Clear capital - http://www.clearcapital.com/

Asset Valuation - http://www.assetval.com/

Countrywide Broker Price Opinions - https://cwfieldservices.com/valuations.asp

also added

Secure Collateral http://www.securecollateral.com/

Find more FREE really good bpo companies at bpo4agent.com

Let us know if you had any good or bad experiences with these companies.

Broker Price Opinion companies

Alex BpoAgent (Broker Price Opinion) — Mon, 24 Dec 2007 06:11:36 -0600

Broker Price Opinion companies for agents. This site provides a complete free list of BPO companies and REO companies.

What is a Real Estate BPO and/or a Broker Price Opinions? BPO is a valuation tool used by banks, lenders, mortgage companies, and loss mitigation companies. BPO's are preferred by lenders because its less expense and can be completed much quicker then an appraisal. Real Estate agents either do a drive by BPO or an Internal BPO. Bpo's / Broker Price Opinions are an excellent way to earn extra income for Realtor's. This site provide's you with a directory of broker price opinion venders for free. Don't forget to do your homework, Broker Price Opinion companies are different.

Why do Lenders and Banks need a bpo / broker price opinions?
Lenders in many cases need a properties current market value. Broker price opinions are used with refinancing and in many cases when a lender is considering foreclosure or a short sale. BPO gives lenders a quick estimate of a homes current market value. Lots of real estate agents are supplementing their commissions with bpo / broker price opinion income. Agents usually get paid between $45-$150 to do a bpo.

Get your FREE list of broker price opinion companies at bpo4agent.com