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#278314 - 02/26/09 07:37 PM Re: What's your current inventory? Please share. [Re: socalreman]
Brad - W4BJM Offline
Major Contributor

Registered: 07/22/07
Posts: 1574
Loc: PIE/SRQ corridor
Originally Posted By: socalreman
Brad, thats a good living, thats like selling a $300K home a month for 12 months without the worries of the deal going kabloom.



Actually its better than that because I rarely have to deal with people. My goal is to do BPOs FT for the next 20-25 years and NEVER sell a house again. I know when the market finally corrects itself, the BPO buiz will slow down but I don't care. I would rather make $40-$50K a year doing BPOs than more selling homes. I'm just not a salesperson I guess, and enjoy the analitical work much more!
_________________________
QC is evil

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#278399 - 02/27/09 11:56 AM Re: What's your current inventory? Please share. [Re: Brad - W4BJM]
The Shannon Team Offline
Member

Registered: 07/27/05
Posts: 74
Loc: Dearborn, MI
Total portfolio: 392
In-Redemption: 60
CFK-Eviction: 10
Valuation: 34
Actively Listed: 93
Pending-In Escrow: 195

We have been pretty steady for some time now as we currently work with well over 60 different lenders and outsourcers. This has been beneficial with all mergers and transfers. We have lost very few properties.
_________________________
The Foreclosure Guy

313-277-6453 x306

www.shannonteam.com


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#278422 - 02/27/09 01:35 PM Re: What's your current inventory? Please share. [Re: Brad - W4BJM]
BoneFish Offline
Veteran Member

Registered: 11/09/08
Posts: 550
Loc: REO - Capital of the World
Originally Posted By: brad34695
Originally Posted By: socalreman
Brad, thats a good living, thats like selling a $300K home a month for 12 months without the worries of the deal going kabloom.



Actually its better than that because I rarely have to deal with people. My goal is to do BPOs FT for the next 20-25 years and NEVER sell a house again. I know when the market finally corrects itself, the BPO buiz will slow down but I don't care. I would rather make $40-$50K a year doing BPOs than more selling homes. I'm just not a salesperson I guess, and enjoy the analitical work much more!


don't bet all your coins on one pony

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#278429 - 02/27/09 02:06 PM Re: What's your current inventory? Please share. [Re: The Shannon Team]
Leggo my Ego Offline
Veteran Member

Registered: 02/08/09
Posts: 514
Loc: Phoenix, AZ
Originally Posted By: The Shannon Team
Total portfolio: 392
In-Redemption: 60
CFK-Eviction: 10
Valuation: 34
Actively Listed: 93
Pending-In Escrow: 195

We have been pretty steady for some time now as we currently work with well over 60 different lenders and outsourcers. This has been beneficial with all mergers and transfers. We have lost very few properties.



Wow. strong portfolio!!
_________________________
REO Liquidation Specialist/REALTOR(R) since 2006
5 Years Lending experience Prior to Real Estate
Champion of Common Sense and Reason smile
Official Thread Searcher for Members who don't feel like searching for answers to their questions- I am at your service smile

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#278445 - 02/27/09 03:07 PM Re: What's your current inventory? Please share. [Re: Leggo my Ego]
HUDLover Offline
Veteran Member

Registered: 11/20/07
Posts: 1404
Loc: Land of comps and drive by's.....
we are currently doing over $7,000 a month in bpos, 4 or 5 closings a month and so far we have around 10 listings in some form active or pending on the market. Hope to increase that to 30-50 by year's end.
_________________________
Nothing in the world can take
the place of persistence.
Talent will not. Genius will not.
Education will not.
Persistence and determination
alone are omnipotent.

Calvin Coolidge

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#278620 - 02/28/09 11:50 PM Re: What's your current inventory? Please share. [Re: burlingtonncre]
NiNi Offline
Member

Registered: 01/22/08
Posts: 105
Loc: La-La Land
Prelist = some stage prior to being on the market

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#278792 - 03/02/09 06:21 AM Re: What's your current inventory? Please share. [Re: NiNi]
tonyg Offline
Junior Member

Registered: 01/12/09
Posts: 6
Loc: Maryland
10 Listings
5 in pre list
1 in escrow

Trying to grow my business.

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#278795 - 03/02/09 07:02 AM Re: What's your current inventory? Please share. [Re: tonyg]
seasaw Offline
Major Contributor

Registered: 10/14/06
Posts: 1652
7 listings
6 in escrow
8 in prelist

I'm a dual career agent and this is more than I can handle.

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#278797 - 03/02/09 07:18 AM Re: What's your current inventory? Please share. [Re: seasaw]
FaithfulAgent Offline
Member

Registered: 04/23/08
Posts: 121
Loc: Tennessee
12 Active (working 1 contract, only 1 listing is REO)
2 Pending (both REOs)
4 prelist (None of these are REO)
1 buyer pending
_________________________
***Ever Hopeful...***

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#278800 - 03/02/09 07:28 AM Re: What's your current inventory? Please share. [Re: jbt4re]
jbt4re Offline
Major Contributor

Registered: 03/04/07
Posts: 1801
Loc: SWI
Originally Posted By: jbt4re
7 active (one on the market 2 days and 4 offers so far on a gutted out fire damaged house)
1 prelist
0 pending (ask me again on Tuesday and I might have one, see above)
1 ready to expire and good riddance to it, it goes to REDC next month.
10 BPO's due Monday both interiors and exteriors


Update
9 Active listings
3 prelist
2 pending listings
1 pending buyer sale
1 set to expire got extended to later this month until REDC auction
0 BPO's (only because I took the weekend off and went to Seattle for some R,R & S)
_________________________




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#278814 - 03/02/09 09:39 AM Re: What's your current inventory? Please share. [Re: jbt4re]
Leggo my Ego Offline
Veteran Member

Registered: 02/08/09
Posts: 514
Loc: Phoenix, AZ
Update
43 Total portfolio
10 Active listings
9 prelist
2 eviction
19 in escrow
3 temp. off market (auction)
_________________________
REO Liquidation Specialist/REALTOR(R) since 2006
5 Years Lending experience Prior to Real Estate
Champion of Common Sense and Reason smile
Official Thread Searcher for Members who don't feel like searching for answers to their questions- I am at your service smile

Top
#278993 - 03/02/09 11:22 PM Re: What's your current inventory? Please share. [Re: Leggo my Ego]
OkeeDokee Offline
Member

Registered: 03/02/09
Posts: 31
Loc: California
INVENTORY
18 Total units
6 Active listings
3 prelist
7 eviction
2 in escrow

A year ago 60% of the houses I was assigned were vacatnt- Now the last 9 I received are dug in like ticks on a dog and are not very receptive to C4K

Top
#279052 - 03/03/09 09:23 AM Re: What's your current inventory? Please share. [Re: Leggo my Ego]
The Shannon Team Offline
Member

Registered: 07/27/05
Posts: 74
Loc: Dearborn, MI
We spend at least an hour or two every week marketing our team to banks and outsourcers. I have over 1400 REO contacts in my outlook which we stay in touch with regularly. In addition, I spend at least an hour a day marketing our team and two hours marketing our listings on the web.
_________________________
The Foreclosure Guy

313-277-6453 x306

www.shannonteam.com


Top
#279106 - 03/03/09 02:21 PM Re: What's your current inventory? Please share. [Re: The Shannon Team]
BoneFish Offline
Veteran Member

Registered: 11/09/08
Posts: 550
Loc: REO - Capital of the World
current inventory

2 hookers and 1 case a beer … I’m taking the rest of the day off

Top
#279117 - 03/03/09 03:21 PM Re: What's your current inventory? Please share. [Re: BoneFish]
BuckeyeMatt Offline
Member

Registered: 11/17/08
Posts: 59
Loc: Ohio
Originally Posted By: BoneFish
current inventory

2 hookers and 1 case a beer … I’m taking the rest of the day off


BonePhish, you make me smile smirk

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