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Thats alot of money for information you can get for free just by going to the BPO section of this forum. That's where you learned too by your own admission.

Thanks very much for your feedback!
I feel super happy to have learned about BPO's in general and am really fortunate to be able to provide a service that is helping other agents break into the 'hard to crack,' BPO arena.
I am really enjoying interacting, assisting and getting to know agents all over the United States!
Thanks to everyone on this forum for your support!
Best to you, Nicole

Yeah, I agree, that's a bit high! You've only been in this business for 3 months and you're a trainer now? Ha!

I'll sell a list of 140+ companies with web links for only $25.00!

Hi all!
Thanks for your time and for your interest!

In this area of business, having just over 1 year being licensed in real estate & almost a year of experience in BPO work, you would definitely be regarded as a "newbie".

How can you offer significant training to agents with such a short time in this business? How did you build a list of 120 companies in such a short period of time? I've been in the REO & BPO business for 15 years and I've built my contacts as a result of my years of experience with lenders and through other professional relationships. I've developed my skills in providing valuations through many years of working alongside an actual appraiser. I go WAY back to the "old days" when we had to mail in photos for BPOs! I know that I was nowhere near ready to actually offer training or advice to someone at the 1-1.5 year mark in my career. Reading a manual should not be considered a replacement for a mentor.

I apologize if I sound skeptical but it appears that your main focus & experience is in the business of selling eBooks and lists, not through actual long term REO & BPO experience.

Just curious & concerned that the lack of proper training (and testing) for inexperienced agents, may result in a negative for all of us in this area of business.

I've offered my contact list to a select few members here on this forum that either assured me that they had significant experience or had a mentor already. Certainly not to just anyone and everyone.

I hope that you'll at least recommend that anyone buying your products will seek out a mentor to help them to become a true, knowledgeable professional.

Take care & good luck!

Someone PM'd me and I deleted the message by mistake.

Thanks for your interest and for your thoughtful post Gulf Winds! (I know your neck of the woods very well and used to live in Pensacola a few years back, beautiful place!)
I really have a lot of respect for agents and brokers who have been in the Real Estate arena for many years. Plus, I am blown away to be in a position to help some of these same people learn about Broker Price Opinions and REO's.
I don't claim to be an expert or boost about having soooo many years in the business. Instead, my focus is helping other agents and brokers learn about something that has not only changed but transformed my life! I can only hope that this sideline within the Real Estate field will treat them just as well. I just want to make the information easier to access and as simple as possible to understand.
On an end note, I can only hope that everyone who is a Real Estate Agent understands that their broker is supposed to be someone who they can go to when they have questions, need training in a specific area or simply when they want to know how to do something like be able to effectively pick comps for a CMA that they are doing (whether that be for a prospective client or for doing their first BPO order). For those that do not have a supportive broker or someone that they can go to when they need questions answered then I hope that they have access to empowering information that will help give them what they need to be successful!

Best to all of you,
Nicole

I wholehearted agree with Gulfwind, especially the comment about your focus and experience is in the business of selling ebooks.

This is exactly why this forum is such a wonderful and diverse place! You can share your personal thoughts and opinions for those who care to learn, listen and possibly take some time out of their day to educate themselves.
Just to clear the air, my main goal is not to see how much wealth I can accumulate from selling eBooks, but simply instead to give other agents and brokers an opportunity to have access to trusted and high-quality material where they can learn more about Broker Price Opinions.
I learned a lot about Broker Price Opinions from many sources, but still my learning curve was pretty steep in the first few months. My thoughts in making my BPO Manual were to share my personal experience and any information that I could so that I could enable them to expand their thoughts on how to make money within Real Estate.
All in all I personally feel that every agent and broker should be told about BPO's and REO's right after they receive their Real Estate License. That way they can make an educated guess as to what direction they prefer as well as enjoy the benefits that BPO work offers in helping supplement their income. Who doesn't want stability in their job, in their life and in their finances? This is just my two cents!

Tell the truth Nicole...Your main goal is to make money by teaching not doing but by teaching others how to do bpos. Your comment on that agents and brokers should be told about BPOs and REOs after they receive their License is just proof of your inexperience!

I wholeheartedly stand behind my statement of saying that I feel that every Real Estate Agent and Broker should be told about BPO work just after getting licensed! By doing BPO work within my 1st year of getting into Real Estate I had learned a tremendous amount about how to do accurate CMA's and value pricing of various types of homes. This skill alone has helped my confidence level, plus it has helped make me a more educated and knowledgeable Realtor.
I am out in “the field,” everyday. I drive all over my local area and gain more insight into new neighborhoods, into what inventory is available on the market, and really I get to enjoy learning something new everyday. This beats saying back at the office and doing cold calls any day!
For many people just taking the risk to venture out in Real Estate field alone can be so overwhelming and scary at times. It helps to be involved in being proactive and open to learning about your market. Doing BPO orders gives you this opportunity! It really helps tremendously to actually see the various neighborhoods that are in your local community as well as know that you are learning how to more accurately find out the values of many homes, duplexes, condos and manufacture homes that you encounter while doing your BPO orders. This way you are building up your skills and can use them to benefit you in other areas of your career. Who does want that?
Doing BPO work gives anyone an opportunity to be successful! It is not discriminatory; it has no pre-set limits or boundaries as to determining who can perform them (other than needing to be a licensed agent, broker or appraiser with MLS access, etc.). You can be a brand new agents or a seasoned pro, it doesn’t matter! Once a door opens up to you, it is only up to you as to if you decide to take the risk and step inside and into the other side or watch as the door closes. You make what you want of BPO work and you take on as much or as little as you desire. This is the part that is soooooo cool about BPO’s! To have staying power you’ve got to build up a reputation with the companies you work for, just like you build trust, reliability and partnerships within each of your residential listing and sales clients.
Those that are meant to do this line of work, will outlast those that don’t deserve or wish to continue.

BPO's are not meant for learning or to fill up your day so that you are not sitting in a office! BPOs have serious consquences and you not realizing this is yet again proof true inexperience!! If you want to learn valuation and practice doing CMA with your broker, not on people whose lives you affect!!!! You should bedoing CMA's looking at properties and educating yourself because you are a realtor and BPO's should not be the reason why you do this things. I hope you have good E and O and product liability insurance.

You really need some integrity!!

Nichole:

I'll have to say, that your post above is the biggest diversionary use of words that I've seen in a while.

Lets revisit what you said: "I personally feel that every agent and broker should be told about BPO's and REO's right after they receive their Real Estate License."

NEW AGENT.... performing BPOs (& learning along the way) as YOU did = high possibility of flawed work. Flawed work can result in serious problems such as consumers not being able to obtain a HELOC/Refi/mortgage, unnecessary delays, untrue discrepancies and/or financial institutions making many decisions that can seriously damage their bottom line, based upon an opinion of someone that they believe to be experienced.

I think you should revisit your statement and belief that newly licensed agents/brokers SHOULD be told about this area of our business. That is the worst thing that could happen to this industry for a number of reasons!!!

You can paint any picture you want with fluffy worded posts, but the bottom line is that you are selling information and holding yourself out to be an expert trainer in a field that you have less than 1 year experience in!

You're embarrassing yourself and losing credibility with each new post. Please stop trying to convince those with FAR more experience than you that you are at a level where you can actually train others via an e-manual. The fact that you post the number of manuals you have sold is proof enough of your primary focus & goal.

You stated "I get to enjoy learning something new everyday". Yes, only if you are open to advice and willing to believe those with more experience! Maybe this can be a learning opportunity for you.

I'm sorry if this all sounds harsh but I just can't stand by any longer and read your diversionary postings that include statements that are incorrect and detrimental to our industry!