6,424,502
Making a living doing it.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Doug Dawes
Topsfield, MA
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Ryan Huggins - Thousan...
Thousand Oaks, CA
-
Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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Ron and Alexandra Seigel
Carpinteria, CA
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Roy Kelley
Gaithersburg, MD
-
Nina Hollander, Broker
Charlotte, NC
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Kathleen Daniels, Prob...
San Jose, CA
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Bob Crane
Stevens Point, WI
1,847,721
The hardest part is getting paid enough to do it. It's a mini appraisal with too much work involved.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Roy Kelley
Gaithersburg, MD
-
Nina Hollander, Broker
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Bob Crane
Stevens Point, WI
3,350,559
Doing them and not getting paid.
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Peter Testa
Danbury, CT
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
-
Nina Hollander, Broker
Charlotte, NC
5,116,528
There is nothing hard about doing a BPO. It's just time consuming and hopefully there are enough comps.
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Peter Testa
Danbury, CT
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Diana Zaccaro Broker A...
Cocoa Beach, FL
-
John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
1,093,347
Comps can be difficult to find.
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Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
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Ron and Alexandra Seigel
Carpinteria, CA
-
Nina Hollander, Broker
Charlotte, NC
1,202,572
I think what Scott Godzyk told you is a good answer
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Bob "RealMan" Timm
Minot, ND
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Peter Testa
Danbury, CT
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Bob Crane
Stevens Point, WI
5,258,239
Finding the comparables for a unique property - similar to a CMA.
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Bob "RealMan" Timm
Minot, ND
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Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
2,222,281
Gathering and putting all the information together. Very time consuming.
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Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
2,402,637
Finding good comparables can be a trick kennith Frazier especially if it's a rural property.
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Diana Zaccaro Broker A...
Cocoa Beach, FL
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Doug Dawes
Topsfield, MA
-
Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
420,003
Doing the work of an appraiser but getting paid alot less
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Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Diana Zaccaro Broker A...
Cocoa Beach, FL
5,245,334
Getting it right and getting paid for your time!
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Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
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Diana Zaccaro Broker A...
Cocoa Beach, FL
1,057,554
BPOS are wonderful for new agents who need to learn the market and sharpen their CMA skills.
They're too labor-intensive relative to the pay once you start selling real estate. However, many agents do acquire bank-owned listings that way.
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Doug Dawes
Topsfield, MA
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Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
1,325,924
Sometimes the hardest part is finding good comps.
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Bob "RealMan" Timm
Minot, ND
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Diana Zaccaro Broker A...
Cocoa Beach, FL
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
4,906,660
Finding good comps and making adjustments to those comps.
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
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John Juarez
Fremont, CA
3,416,038
I made a great living off bpos. It is an art and way of life for REO agents. First is knowing who to accept work from, how much to get paid and what is expected from you. Next you have to know the neighborhood, know comps and know what to adjust when there are differences in those comps. There are a couple of companies who do not pay so always google the bpo company plus the word complaint to see what other agents say.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
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Candice A. Donofrio
Fort Mohave, AZ
4,272,934
Getting assigned and paid; the rest is a piece of cake...
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
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Paul S. Henderson, REA...
Tacoma, WA
1,506,923
Like others have said, getting paid for it.
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Bob "RealMan" Timm
Minot, ND
-
Bob Crane
Stevens Point, WI
-
Doug Dawes
Topsfield, MA
5,583,328
sometimes, it's getting paid!!!!!!!!!!!
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Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
5,773,239
You have the answer from everyone here. A
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Bob "RealMan" Timm
Minot, ND
-
Doug Dawes
Topsfield, MA
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Diana Zaccaro Broker A...
Cocoa Beach, FL
7,870,810
Having comprehensive knowledge of the local market area.
-
Doug Dawes
Topsfield, MA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
1,728,767
As Bob Crane wrote and getting paid from low-life BPO companies
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Bob "RealMan" Timm
Minot, ND
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Bob Crane
Stevens Point, WI
2,190,182
Finding the "right" comps. Not a problem in subdivision style neighborhoods. Much more difficult in rural areas.
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Bob "RealMan" Timm
Minot, ND
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Bob Crane
Stevens Point, WI
902,428
Not having access to the interior of the property.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
759,935
Finding comps when there are none.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
921,504
Looking up the value on Zdevil's website.
But eventually, one needs to go and see. Then the hard part is reconciling all that and agent spends to be in business to end up getting paid $8 an hour.
Whose butt should be kicked? Now THAT is the hard part.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
556,536
I did 5 of them. As i was doing the 5th they wanted me to change the value on the 4th one. I was threatened to lower the value or i would lose their business. I am sure they changed it behind the scenes so I stopped doing them. Too much fraud.
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Bob "RealMan" Timm
Minot, ND
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Doug Dawes
Topsfield, MA
1,242,204
Assume you are unlikely to get paid.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
2,785,456
Doing the BPO....
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
1,712,876
1,753,413
Companies ordering them reject your hard work. You end up spending 10 hours doing a $40 BPO. Let's see. That's not quite minimum wage.
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Bob "RealMan" Timm
Minot, ND
1,598,452
5,879,125