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BPO stir Crazy

By
Real Estate Broker/Owner

2 days worth of applying to companies for BPO's!! I now have a Big Pounding Oversized headache!

What a chore.

At the moment I have access to 3 so far, yet no orders are available. I'm waiting on a bunch for approval and I'm keep my fingers crossed to get them.

Wish me luck :-)

Alan Brown
Coldwell Banker Realty - Davenport, FL
34 Years of Real Estate Experience .
I have been doing BPO'S for a few years. Other than my local Wells Fargo Bank who I do about 30 a year for because I know  all the people that work there. I get most of my other business from Clear Capital. Most of these companies have many other realtors on there list. When they have a BPO come up in your zip code areas they send a blanket e-mail to every agent in their database first one to accept gets the job so you have to be on the ball. In my area if you don't accept the offer within 5 minutes of you getting the e-mail somebody else will already have accepted it......Definitely good luck
Feb 15, 2008 09:16 AM
Sonya Rosser
Better Homes and Gardens Real Estate Metro Brokers - Douglasville, GA

It is going to work itself out just keep working on it.

 

Feb 15, 2008 10:36 AM
Sharon Yeary
Sharcom Realty - Southlake, TX
You'll Be SOLD on us!

I have also spent the last two days in registering with companies for BPO's and REO's.  I hope I get something soon.  From what I am reading it does take a while to hear.  Thanks to Active Rain, I didn't pay for a list of companies.  Through all the Blogs, I got a great list.  Thanks to everyone for all their blogs and information.

 

Feb 16, 2008 03:17 AM
Jim Ludes
RE/MAX Top Properties - Coal City, IL
Grundy/Will County, IL REALTOR
This is something I just started applying for today- it gets a little tedious....but hopefully spending a a slow, snowy day like today doing something like this will pay off in the long run.
Feb 18, 2008 03:14 AM
Roland Woodworth
Blue Cord Realty - Clarksville, TN
Blue Cord Realty
I spent hours signing up for them too... I have accepted to a few. One has sent me a few, but like a cat fight to get them accepted....they are sending to many agents at the same.
Feb 18, 2008 06:52 AM
Johnny Huang
Pleasant Hill, CA
Insurance and Real Estate Broker
I've yet to see a BPO available. I'm accepted in 3 companies and going to register for more tomorrow (because today I'm down and out with a cold).
Feb 18, 2008 08:20 AM
Michael Fowler
Fowler Realty Quad Cities - Davenport, IA
Broker, Owner Fowler Realty
I have tried to be set up with BPO's as well.  I also belong to REO Trans pay by zipcode.  Not working out.  Good Luck
Feb 18, 2008 01:31 PM
Virginia Hepp - Mesquite NV REALTOR
Desert Gold Realty - Mesquite NV Homes For Sale - Mesquite, NV
Mesquite NV Homes and Neighborhoods - Search MLS
Johnny - I have read many blogs on BPOs here - if you search Blogs for BPO, you will find a lot.  I think I read one with a list of companies looking for agents.  I have done a few and didn't really like doing them.  They contacted me first, I asked where they got my name and they contacted all Realtors that were members of the chamber of commerce here.
Feb 21, 2008 05:58 PM
Sandra Workman
Coldwell Banker Realty - Bradley, IL
BBA, Broker, CRS, GRI, ABR, SFR, CNE, ePRO, CNHS
It will prove itself, you just have to be patient.  I hear of some agents that do 10 a day - that's not going to happen in my market area.  Also, don't count on quick payment, sometimes it takes a month or more!
Feb 21, 2008 10:53 PM
Bill Somerset
Re/Max Realty Group - Dover, NH
ABR, e-PRO - Realtor - NH Real Estate Agent
Keep working at it Johnny.  I have yet to start with any also, I get the randowm phone call when they need a response quickly.
Feb 21, 2008 11:29 PM
Johnny Huang
Pleasant Hill, CA
Insurance and Real Estate Broker
I've done a few so far and I tell you it's a learning curve. I'm hoping to get my organization straight so I can zip those BPO's in and out.
Feb 29, 2008 09:18 AM
Carol Judd
New Star Real Estate - Vernal, UT
Vernal Utah Real Estate

I don't mind BPO's some of the time but if they don't pay enough and you don't have time they can be very stressful.  I do try to do them when they are in a bind and call me.

Feb 29, 2008 09:56 AM
Scott Gephart
The Delta Group brokered by eXp Realty - Medford, OR
The Delta Group brokered by eXp Realty
This all sounds like a very time consuming process that can  be better spent.
Feb 29, 2008 04:40 PM
Anonymous
Anonymous

Okay I applied for some may have to do some more good post.

Jul 16, 2008 03:50 PM
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