Is it really worth doing BPO's today?
I have tried to figure this out and this is want I have come up with. I need around $100 per BPO in order to break even. I pay my Administrative Assistant $12. per hour for the work that she does. Some of the BPO's are in the lower end of the County. That is a round trip of about 2 hours. Doing the research to meet the criteria of the BPO will take an hour and then an hour to put the work together. I am beginning to believe that it is not a break even situation right now.
Tell me what you think and how do you handle this. I have thought in the past that I may get the listing on the property that I did the work on . But that doesn't seem to happen.
Seems like some agents get all of that business and I want to learn how to break into that market and see if I can make it profitable.
I will be taking the short sale course soon and want to be successful in the depressed market along
the North Carolina coast...
Thanks for any help.
Coldwell Banker Sea Coast Realty