Rick is referring to doing BPO's. Doing BPO's is NOT illegal in the state of Nevada. Doing BPO's for PAY goes against the grain. There's no mention of FOR PAY BPO's in this post. I've got the NRS right here on my desk to prove it and went to the BPO task force meeting that was held this month for clarificaiton. For all those that don't know, NEVADA is trying to totally outlaw real estate agents for doing FOR PAY BPO'S. This was all brought about by angry APPRAISERs that are saying that their business has dropped off dramatically do to the large number of real estate agents that jumping into the BPO market. You should have seen them (the appraisers) at that BPO task force meeting, all united with letters and petitions signed and stories of how bad agents are doing bad BPO's and how it was THE BPO AGENTS THAT CAUSED THE MORTGAGE MELTDOWN!!!! It was obvious that the apprasiers had come together and that the few agents that showed up were in no way organized nor prepared to defend thier case. I still don't know why any of the big REO guys didn't show up at the meeting.

They only want listing agents to be able to do the not for pay listing BPOs on their own listing and to cut out real estate agents from doing all other for pay BPOs.

I don't think it will ever get every agent out of the market for doing BPOs. Even if it means sucking it up and going to apprasial school to get licensed and still do BPO's. They are so one track minded to realize that it would close the door to many agents like myself who didn't have a "hook up" or "connection" and that had to work their way into REO by doing BPO's. If it wasn't for that I wouldn't be where I am today.

I guess I could say screw it because I've already got my foot in the REO door, but that's just not my nature. I believe that everyone should have equally opportunity to build thier business.