SummitValuations.com Are you doing BPO’s for them? Or is it another SCAM!

By
Real Estate Broker/Owner with Independent Real Estate Broker DRE#00972295

Just opened an email from this company SummitValuations, here's the email:

“Dear Aida Pinto,

Summit Valuations has requested a Drive By BPO for the property located at: 1234 Any Street, downey, CA, 90241

The BPO is due on 6/6/2011 at 12:32 PM, and the compensation is $100


This BPO is not assigned to you until you log in and accept the assignment. Please click the link and then use your disposolutions.com or SummitValuations.com login information to view the details of this request:

http://www.SummitValuations.com

Thank you.

I don’t remember ever signing up with them.  I had stopped doing BPO’s but I see now that the are offering 100 bucks....that’s better than 50 bucks!  I did a quick search on this company and found this blog: BPO Companies that don’t pay!  

It says that is company doesn’t pay for the work you do….hmm.. Wonder…how are they staying in business?  What’s your experience with this company?  Are they scamming Realtors again?

Posted by

Aida Pinto (562) 884-6196
Los Angeles County
Real Estate Broker



The Real Estate Maven : https://www.facebook.com/aRealEstateMaven?ref=hl

 

Short Sale, Probate and standard real estate expert.

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Rainer
3,362
Richard Atkinson
Reliant Realty - Murfreesboro, TN
Richard Atkinson-Affiliate Broker

I Have done BPO's for Summit and have always been paid in a timely manner.

Nov 11, 2011 08:13 AM #1
Rainmaker
324,247
Evelyn Santiago, Managing Broker Heart Realty Group, Inc.
Heart Realty Group, Inc.. - Oswego, IL
Passionate About Real Estate & Our Clients!

I did a BPO for them in May of 2011 and am still waiting to get paid their $50 bucks.  It was a very difficult BPO that should have really been done by a master appraiser not a BPO agent since it was a refi on a very unique piece of property.  I am sure the refi was for over $1M and I can't get paid my $50 bucks!

They said it would take 6 months but after complaining to the CEO he said I would get paid in 3 months...yea right...stay away...they probably upped the price so they could get Realtors to do the 1st one at least which they get for free since they DON'T PAY!!!!

I wrote the blog on BPO Companies that Don't Pay.  The list keeps growing along with Evaluation Solutions that owe me from 2010 for 2 BPO's.  Stopped doing them but they still keep sending me notices.

 

 

Dec 02, 2011 03:34 PM #2
Rainmaker
1,118,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Get order from them infrequently not aware not getting paid....

Oct 03, 2015 06:56 AM #3
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Rainmaker
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Aida Pinto

Real Estate Broker (562) 884-6196
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