Bankers REO

"You obviously aren't an inovative agent that we want to do business with"

wow this guy was class act...

I got the call too... he was rather snide when I questioned the legitimacy of the pre-foreclosure property he was promising me. I said, "you give me a listing, I will pay the $350 bucks. No listing, no dinero"... sorry. He hung up on me.

They called me on September 2nd and thank goodness I was walking into a meeting and asked the person to e-mail me the information and I would review and decide from there..... Of course it sounded too good to be true and after reviewing several blogs, that sealed it!!

Just got a call from BankerREO today with the pitch as described above. Did some checking and the website/domain name was created in June of this year.   Any REO company coming out from the Chicago/Illinois area is suspicious. 

Registrant:
   Banker REO
   P.O. Box 912
   Glenview, Illinois 60025
   United States

   Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
   Domain Name: BANKERREO.COM
      Created on: 14-Jun-11
      Expires on: 14-Jun-16
      Last Updated on: 08-Aug-11

   Administrative Contact:
      Tamasiunas, Vytautas
      Banker REO
     

I just got an email from the same outfit soliciting my services, stating that they are adding agents in my area. I'm glad I came across this blog post when I googled their name for additional informaiton.  Thanks for starting this topic. 

I googled this company after getting the same pitch.  Complaints about this company fill up the first 2 pages on the search.  I sent over a couple of the links of the complaints and mentioned that I was too busy to work with them at this time.  This was their response.  Classy...

We appreciate your desire to join our agent network. We regret to inform you that we are unable to accept you into our agent network at this time. We are constantly adding services and coverage areas to our network. Should our business needs change in the future, we will contact you. Thank you for taking the time to speak with us regarding your experience and qualifications.

If you are having a bad day just think what it is like peddling this crap for a living? 

My wife has been hasseled by this company since Wednesday of this week (6/6/12).  I got scammed by ABS REO a few years ago, spent my $350 to never see listing one (which I think is actually the predecessor to this company).  My wife told them she wasn't interested after reading the reviews online and talking to me.  They have called seven times now, never taking no for an answer, saying the reviews are misleading.  Today, after she argued with the caller for approximately five minutes and reiterated that she wanted off their list, they called back from a new number.  This time, after being called crazy and being told that she was hasseling them, she asked to speak to a manager.  She was told the manager died today.

If anyone who googles this firm still decides to do business with them, they deserve to be out the $350. Companies like this deserve to be taken down by the AG of their state. I've lodged a complaint with the Do Not Call registry (Since we asked to be removed and they continued to call).  I doubt that will do any good, Maybe if the people who have lost their money to this company will file complaints with the Attorney General of the state where they are incorporated, they could get this company taken down.

So this confirms the idiot is me.  I paid them and got the BPO assignment.  I complete the BPO and haven't been paid, and here's more - here's the part I'm not just going to bust them but I'll file a lawsuit to do it if I have to.

There are places online where people report being paid by them for a single BPO.  I don't think I'll be waiting for my payment and here's why.  I should have kept my eyes open a little better the entire time.

The paperwork on the house says it's managed by BAC Field Services Corporation.  This home is foreclosed, and it's been foreclosed by Bank of America.  I'm fairly certain Bank of America wouldn't hire a squatty little company like this to handle their reo business. 

I'll be turning over the information to my state attorney general today. If you know of someone who has falled for this contact me - we'll set up a class action suit. I know it may be admitting I fell for a poorly organized scam but I did. Now it's time to get them.

I recently received the call as well, and I heard them out (before reading these blogs...). They gave me an address to preform a BPO, so I opened another window to make sure the address was legit, and it was.

They said that they would pay out $75 per, and I accepted it. I just spoke with the representative again on Friday, and he assured me that I would be paid the fee 30 days after I sent the report in (August 1). I look forward to letting the community know when, or should I say, IF, I ever get paid.

I will give them a chance, and hopefully I won't get burned. Time will tell.

Good afternoon to all I just received the call today from Tony he said he has and REO listing for me an I interested I said sure thing that will work great what is the address well he gave me an address and then quickly said oh no that is not the correct address this is it.... I said ok well let me check out your company in further detail and I will get back with you shortly. In checking it out I have found it appears to be a scam I do understand that you have to pay to play but how many of you wish to pay and not play????

Seems there is alot of that pay and no Play these days... Have a blessed day talk to you soon

Received the same email interesting thought that they send that within seconds of saying no to them.

Just got a call from this company - they sure do make a lot of promises! I have a policy of not paying for work since I have enough on my plate already!! Thank goodness as soon as I googled bankersreo.com that your blog came up because it just reaffirmed my suspicions to not get involved!!! They even offered to set up a payment plan for the fee (which, although enticing, still wasn't enough for me to hand over my hard earned dollars!)

Just got the same call today. Knew I could get some insight here. Thanks.

Well, earlier this week I finally received the check for $75 for my exterior BPO that I performed for this company the first day of August. So, in fact, they will pay for a job done for them.

Now we will just have to see if they send me any other "assignments" over the next few years. I would like to have a larger return on my investment.

I got the call, the sales pitch and the by the way fee schedule - grateful for the info on the internet and here so I don't have a similar experience as some others.

LOL!  I am not seeing where anyone is saying they got any listings...  :)  Here is my email from today...

October 10, 2012

Dear Ken Patterson,

We appreciate your desire to join our agent network. We regret to inform you that we are unable to accept you into our agent network at this time. We are constantly adding services and coverage areas to our network. Should our business needs change in the future, we will contact you. Thank you for taking the time to speak with us regarding your experience and qualifications.