How to make more money in Real Estate - REO/BPO

Real Estate Broker/Owner with WERTH REALTY

I would like to share this information as we as Realtors have extra income potential withiin our own industry to be made.  So here are a few options you may want to check into and start making some extra dough! 

BPO Companies that Pay and are really easy order forms.


*** These 2 are the best companies I have worked with for BPO orders.  Easy forms, and they are not rejecting everything everytime.   Get with them and you may find yourself making an extra $1000 a month.  Not bad when the BPO takes about 45 minutes to load and 10 minutes to take the pictures. 


Want some listings???

Sign up with these guys and you will most likely get a minimum of 3-5 listings per year.  Another agent in my office and myself get all of our area lisings.  You pay a minimal fee per zip code, as my total bill per month is $11.90 for quite a few zip codes.  The number of listings you will get are worth the 120.00 I pay to be with them per year.  They are a great company to work with and work for.  So sign yourself up and get paid for listing properties!  Easiest way to get free listings!


WHEN YOU WANT TO HELP YOURSELF LOOK MORE VISIBLE WHEN WORKING WITH THESE COMPANIES, try a few of these tips.  Here is what I switched myself too.  ClearCapital sent out information on making your profile stick out.  Let them know what Banks you work with and have worked with.  Tell them you work exclusively with REO Properties.  The rest you can see, and just make the changes to your area and it should help you out! 


ABR GRI - Full Time Real Estate Agent - Licensed in both ND & MN - WORK EXCLUSIVELY WITH REO PROPERTIES!

Clients I have worked with: GMAC, HSBC, FNMA, Chase, Wells Fargo, Countrywide, Federal National Mortgage, Bank of America

Northwest MN HUD representative. Experienced in, REO, SHORT SALES, Redemption laws/situations, Foreclosures, Cash for Keys, Cash for Redemption, Property Inspections, BPO's, HUD, & all Bank Owned Properties. Quick response time, Highly Experienced w/ Internet, Email, & REO online forms. Very motivated / Top Producer. Will work with properties 100 Miles outside the Fargo Moorhead area.

Highly Experienced with REO, and strengths are NEGOTIATIONS!


OK, lastly, can anyone let me know of any other companies out there like Equator for listings that you can sign up for?  I think I have all the BPO companies covered, but want to work with more listing REO companies if anyone has any companies, please share!


Comments (2)

Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Before agents get too excited about signing up with a bunch of BPO companies...there are some companies out there that don't pay you for your work. One of the most infamous is Evaluation Solutions out of Florida. They are hitting my area this time, looking for agents to do their orders. Decline when they call you.

Sep 01, 2010 05:41 PM

Evalonline or Evaluation Solutions is very notorious in not paying for BPO's. WATCH OUT.

May 29, 2011 09:02 PM