September 07, 2010, 07:08:22 PM
Home
|
Help
|
Search
|
Login
|
Register
Welcome,
Guest
. Please
login
or
register
.
Did you miss your
activation email?
Agent Broker Forum
»
Real Estate
»
REO | BPO | Foreclosure
»
No Pay - Slow Pay companies....
No Pay - Slow Pay companies....
Pages: [
1
]
« previous
next »
Print
No Pay - Slow Pay companies....
Author
Message
Searchsub
Jr. Member
Posts: 75
No Pay - Slow Pay companies....
«
on:
February 18, 2009, 09:11:46 AM »
Just thought I'd drop a list of companies I've had trouble getting paid from to let everyone know who I have found to either not pay or take a very long time to pay for orders. Hope this helps the new guys avoid the problems I have already experienced. I would suggest you watch these companies very closely........
IPROPS
USRES
Lighthouse
Unity Asset Management
EvaluationSolutions-Slow-About 5-6 months
Advantage Valuation
Cartel Asset Mgt
WM Realty
Premiere BPO
BrokerPriceOpinion.com
Real Solution
Westfall & Assoc.
Proval Solutions / Proval Collateral Risk Solutions
Network Mortgage Servicing
Carrington
Green River - Doesn't pay reimbursements or is very late.
Logged
maribel
Newbie
Posts: 25
Re: No Pay - Slow Pay companies....
«
Reply #1 on:
February 18, 2009, 08:52:07 PM »
thank you for the list.
I thinking RRReview - they do pay, but around $35 per exterior.
Logged
nyagent
Newbie
Posts: 21
Re: No Pay - Slow Pay companies....
«
Reply #2 on:
February 19, 2009, 08:05:23 PM »
thanks Searchsub, this will help the new people.
Logged
Searchsub
Jr. Member
Posts: 75
Re: No Pay - Slow Pay companies....
«
Reply #3 on:
February 20, 2009, 09:20:49 AM »
I've noted with many, especially RRR, that when they call, just tell them "No, my fee is more than that". About 25% of the time they will come up. Many times they say they will call back, and never do. However, the few you do get at the higher rate more than make up for revenue lost doing them for less. Over time, I have found that I do less work and make the same amount by refusing the lower fee orders or at least trying to negotiate a better fee to cover gas, etc. If you find a company won't negotiate, fire them. I'll bet they keep calling you. And, after a while, you'll get orders anyway. Besides, those that take the orders at such low levels don't make enough profit to bother doing the work. They won't keep doing it for long.
Logged
Carlos
Newbie
Posts: 32
Re: No Pay - Slow Pay companies....
«
Reply #4 on:
March 07, 2009, 07:11:01 PM »
FAS - pays reimbursements 60 days after closings, thats if they approve the work.
Logged
Searchsub
Jr. Member
Posts: 75
Re: No Pay - Slow Pay companies....
«
Reply #5 on:
March 09, 2009, 08:52:49 AM »
FAS is also really bad about sending $12-15 desktops that they want back in a day. Then they don't pay for 90 days or more. I've never been stiffed by them, but sometimes, they take forever to pay. Almost not worth the effort to deal wih them. I usually pass unless there is nothing else to do.
Logged
yownz
Newbie
Posts: 3
Re: No Pay - Slow Pay companies....
«
Reply #6 on:
February 18, 2010, 05:06:52 AM »
Thanks for posting this! this wud be a great use to readers.
Logged
http://floridashomesforsale.com/
http://saltlake.countyutahrealestate.com/
Pages: [
1
]
Print
« previous
next »
Jump to:
Please select a destination:
-----------------------------
Welcome to our Forum
-----------------------------
=> General Forum Questions and News
=> Introductions
-----------------------------
Real Estate
-----------------------------
=> Agents | Brokers
=> Loan Mod, Refi, Short Sales
=> New to Real Estate
=> Buying | Selling
=> REO | BPO | Foreclosure
-----------------------------
Tech Center
-----------------------------
=> Google Marketing
=> Website Ideas and Help
Loading...