Residential RealEstate Review (RRReview) has been established since 2000. They pay within 2 weeks of completion. I rate them an A+.
If you haven’t signed up with RRReview, here’s a link to sign up… http://poncie.com/rrreview/
Real Estate Tip & News
Good to hear from you again! I followed your system during 2008 and 2009. We did hundreds of BPO’s. But, we only got one foreclosure listing. It was pretty discouraging so quit the BPO business altogether. Any suggestions?
Kindly,
Mike Daniels Broker/Owner
Rancho Coastal Properties,Inc.
Leaders in Luxury Real Estate
CalBRE#01112089
Hello Mike, Good to hear from you. Aside from some Fannie Mae and HUD, the REO biz is almost gone. Now a days, BPOs are not going to lead to REO biz. Unless you live in the following states: New Jersey, Delaware, Maryland, Connecticut and Illinois. See dsnews article: http://www.dsnews.com/daily-dose/05-11-2017/foreclosures-drop-23-percent-annually-foreclosures-except-3-states
Try to get with HUD or Fannie Mae. [poncie.com]
Thanks for the info, Any REO Assignments out of them?
Best regards,
Gina Uzunyan, CCIM
Broker – Owner
Koenig Properties
http://www.koenigproperties.com
Hi Gina, no – they only provide valuation and inspection products for lenders. Have a smashing week, Poncie
Thank You! Blessings
Carmen Frater, Broker
Frater Real Estate
Great company, I am already working with them.
Thanks for the FYI
Ada Ayala | Associate-Broker | Solomon Team Manager
BRE#01261162
San Bernardino, CA 92408
http://www.SolomonTeam.com
Hello! I agree, RRReview is one of the better companies. I was recently contacted by SmartVal/APTRinc and I can’t find any info for them. Any info you can share? Thank you!!!
Please feel free to contact me anytime.
Regards,
Anne M Ferguson
Designated Broker/Owner
Key Equity Solutions, LLC
Hello Anne, thank you for comment. ATPR which has an A+ rating with the BBB provides BPO reports for banks. They have chosen Smart-Val to handle their BPO reports. I believe they will start assigning BPOs this month. Some of my network friends advised me that Smart-val is associated with “BrokerPriceOpinion-com” aka “1st Valuation” (companies that do not pay). However, this info is not verified. I would suggest signing up (if it’s free) and perhaps complete one BPO. Keep track of when you submitted the order and wait for payment. Most BPO companies pay within 30 days. Here’s some agent reviews on 1st Valuation: http://poncie.com/2014/05/16/brokerpriceopinion-first-valuation-shame-report/ Have a smashing rest of the week.
Thank You
http://Www.MGlenn.Realtor