In the last three days my BPO orders have more than doubled. Contrary to the media coverage of REALTYtrac's latest numbers lenders are going full speed ahead in 2011 with foreclosures. If you think the first two shadow inventories were bad wait for this next round to hit.
Today I have been asked to do 7 BPO's by 3 different vendors and got a call from a new vendor who found me on Trulia and sent me an application to become one of their prefered providers.
Get your name out there and make sure everyone knows you provide this service. Are you on Facebook, Linkedin, Trulia, Zillow, REALTOR.com, etc with a profile that offers your BPO and REO Services? Do you have a blog site that offers information on REO statistics in your services area? If not you are passing up a huge chunk of business. Go do something productive and get out of your office it will pay off in the end. Even a $45.00 BPO is more than you are making right now sitting there reading this blog!