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BPO! Update. 2 Completed with Pro-Teck

Just finished BPO #2 with Pro-Teck. It was an interior and other than the interior pictures that had to be taken, it was about the same as the exterior. It took more time to complete due to the order needed comps to be as close to the subject property as possible and there was limited comps for the area. This involved more explainations and reasons why some comps were used and others not. Especially using a foreclosure as one of the comps. But it's finished and on to the next one. Approximate time to take the pics: 1.5hrs and two trips, subject was close to my home; approximate time to complete paperwork: 3hrs. I figure I'll get faster as time goes along and I get more familiar with the forms. I've already started streamlining my process of these.

Posted by Robert OHaugherty, REALTOR, ABR on 12/08/2008 07:07 PM

Comments (8)

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8 Comments on BPO! Update. 2 Completed with Pro-Teck

DEC

Hey Robert, you will get faster with the forms the more BPO's you do. I've done about 10 Protek BPO's. I am completing them within about 20-30 minutes plus the time it takes to do photos and my BPO's are very thorough.

Take care!

I do a lot for them, they are pretty easy to fill out....

Robert - You will get much faster once you get acustom to the forms.

APR

I was active with orders with Pro-Teck up until the last month? Has anyone else experienced this slow down with them? Robert, you will get use to the forms and get them done quicker. I usually spend more time than I should because I tend to do to much research finding the best comps.

MAY

If you are in S Florida and want to increase your bpo case load contact me. I can show you how to complete bpo's in 20 minutes. I will take your interior or driveby photos ans complete your data entry. This will free up your time to take on more bpo's and even expand your coverage area. Why limit your area I will go from Homestead to Boca.

JUN

I just finished 3 BPO's for Proteck (interior), and today accepted 5 exteriors. It took me about 21/2 hrs to do them, but I am getting faster. Here in Las Vegas, there is a ton of work.

SEP

When it comes to getting started in the BPO/REO business there is a lot of good resources online and lots of not so good too. What I can share with you is that when all hell broke loose in 06 and when I couldn't seem to sell a home (I am in Las Vegas and we got hit real hard!) I made a lot of money doing BPO's. In my biggest month I made as much as $5,000 and regularly earned at least $2,000 per month. I knew nothing about BPO but came across this excellent resource: Reokit.com It saved my career!

Much success to you!

NOV

How do I get started with ProTeck? Do they have any business in MN?

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