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I Refuse To Do A BPO Now Without Automation Software.....

By
Real Estate Technology with BPO Automation Group & BPO University

I know that the title of my blog may sound like I'm a big spoiled baby when it comes to doing a BPO by hand or what I call 'the old-fashioned way.' I know that I not the only one who also thinks this way!

I am a BPO Automation expert and as such I've gotten completely spoiled when doing the data entry for my BPO's. Mind you on top of running the BPO Automation Group, Nicolesdreams eBooks and being a certified real estate instructor....in my spare time (which comes up about once a month for a few hours) :-) You can find me doing a few BPO's.

Because of my connection with the BPO Automation Group, I am able to utilize many of the tools and services that we offer to other BPO and REO Agents for their own business, when doing my own BPO's.

Although, I don't do BPO's them full-time, I still really enjoy getting in a putting on my Sherlock Holmes investigator's cap as I search for clues and tidbits that will help me formulate how much I think a specific property is worth.

I've gotten to the point that I absolutely refuse to do any BPO without using automation software. I guess I've gotten spoiled. But it goes to say that first came the horse, then the cart....then the buggy....next the car.... the same notion applies to doing the data entry for my BPO's. First there was me doing absolutely everything within my BPO business, then I hired data entry helpers....then I learned about automation software and let my help go..... So, here I stand 3 years later on the tip top of a huge mountain that I have been steadily climbing. And as I look back to the bottom of the magnificent mountain and I follow the path that I took to get here, I thank GOD that I made it in one piece....ha...ha.....

I must say that I am truly thankful for the experience of making the journey and for being so lucky as to have learned that there is a much better way to do my BPO work. Without it, I'd be stuck on the side of a cliff-face on that monstrous mountain, hoping I can hold on just a little bit longer and that my poor fingers don't give out.

How Are You Holding On Within Your Own BPO and REO Business?

Comments(9)

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I do about 85 to 100 bpo's a week and I know what you mean.

Dec 15, 2009 04:16 PM
Jim Hale
ACTIONAGENTS.NET - Eugene, OR
Eugene Oregon's Best Home Search Website

I fear the mountain of which you speak is really a valley.

Dec 15, 2009 04:20 PM
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

I was shocked at Tim's comment (#1).  Even if he never gets a listings and gets paid only $50 per BPO, that equates to $4250 a week or at 48 weeks in a year assuming a month off would be $204,000 in a year on BPO's alone!

I personally elect not to do BPO's for companies that are never in a position to assign listings; however, if I could make over $200K a year like Tim, I would definitely redefine my business! 

Dec 15, 2009 04:27 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nicole, I did not even know that there are still manual BPO's, It has been so many years since I did one on the typewriter. I can not even imagine it. You are saying there are still places out there with the oldfashion way??

BTW I have to ask Tim, how do you physically do that many? Further how do you get that many assigned to your? Share the information to us poor starving artists:))

Dec 15, 2009 04:35 PM
Nicole Ocean
BPO Automation Group & BPO University - Miami, FL
"Your BPO Coach"

Thank you very much everyone for your comments and for sharing!

Oh and by the way, "the old-fashioned way" to me means: doing the data entry by hand instead of automating it.

Dec 15, 2009 04:55 PM
Norma J. Elkins
Elite Realty Group - Morristown, TN
Realtor - Elkins Home Selling Team

I am just starting to find out how to do BPO's --- any suggestions would be so appreciated!

Dec 15, 2009 10:18 PM
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

I do about 10 a week, all by hand (actually by my admin's hand) but i get listings and sales from it and it has kept me alive for the past 2 years. I don't know if I could handle more than that without increasing staff.

Dec 16, 2009 09:27 PM
Anonymous
A Norris

Hi Nicole, do you use the bpo software http://www.bpo-automation.com/?  I am in the market for BPO software and just started researching, but this one looks like it would be the best.

 

Thanks!

Amy Norris

Meyer Real Estate

251.609.2919

www.AmySellsTheBeach.com

Mar 11, 2010 02:55 PM
#8
Nicole Ocean
BPO Automation Group & BPO University - Miami, FL
"Your BPO Coach"

Amy, thanks for your email. Yes, you are correct. Just so you know, I am the co-owner of the BPO Automation Group. I have to agree with you, I think it is the best BPO automation software on the market. Feel free to give us a call if you have any absolutely any questions that we can help you with.

Warmly,

 Nicole Ocean

Mar 11, 2010 03:32 PM