#323692 - 01/25/10 10:51 AM
Re: SAMREO - anyone have experience with them???
[Re: CarolinaKate]
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Member
Registered: 01/22/10
Posts: 18
Loc: Florida
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SAMREO- my take after doing probably 50 bpo's, is they slow pay and 95% of the bpo's are for either loan mods or portfolio purchases, almost all were occupied and in good condition, not REO.
EZ forms and when you finally get a check it's like bonus $$$ because it took so long.
But you can crank out 5 in a day and the QC is rare.
It is what it is.
Edited by Cash For Keys (01/25/10 10:51 AM)
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#323698 - 01/25/10 12:16 PM
Re: SAMREO - anyone have experience with them???
[Re: CarolinaKate]
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Major Contributor
Registered: 03/12/08
Posts: 2401
Loc: Pinehurst, NC
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I just received my check from SAMREO and my BIC said it did have my name on it. I had sent my contact at SAMREO an email saying I would report it to the NAR, BBB, etc if I did not get paid. It took over 60 days but I did get my little check. And a thank you to "Vermont" for suggesting I do a search on the blogs here for SAMREO. I had mentioned in my intro that SAMREO was the purpose of my looking at agentsonline. I tried to say thank you right then but found out there is a 600 minute limit before you can post a second time on the same day. emphasis added Wow - are you sure? We may need it but I never thought about 10 hours between posts.
_________________________
Pinehurst Real Estate Guy Pinehurst Real Estate Pinehurst, Southern Pines, Aberdeen, Whispering Pines, Carthage, Foxfire, Seven Lakes & Beyond
Always looking for more REO, BPO, listings and buyers in my area: 27229, 27242, 27259, 27281, 27325, 27376, 28326, 28327, 28350, 28370, 28373, 28374, 28387, 28388, 28394 REO-BPO-Brokers.com
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#323708 - 01/25/10 12:50 PM
Re: SAMREO - anyone have experience with them???
[Re: CarolinaKate]
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Major Contributor
Registered: 04/12/08
Posts: 2499
Loc: Vermont's North-East Kingdom
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And a thank you to "Vermont" for suggesting I do a search on the blogs here for SAMREO. You're welcome; and I'm glad it paid off. Meanwhile I'll have to ask my Vermont Client who he's working with in Asheville. So, by my calculations, SAMREO pays about twice as fast as EvilSoul . . . . so that's like the speed of light in comparison! I much prefer those Companies who pay within 90 hours, or while you actually still remember the effort that was put forth for the Fee received.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont Where We're Always Striving To Put Together "THE FAIR DEAL"
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#324243 - 01/28/10 08:36 AM
Re: SAMREO - anyone have experience with them???
[Re: RecoveringREAgnt]
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Member
Registered: 05/11/09
Posts: 120
Loc: Phoenix, AZ
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How did you register on their web site without paying their fee?
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#326074 - 02/08/10 01:33 PM
Re: SAMREO - anyone have experience with them???
[Re: CarolinaKate]
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Member
Registered: 02/27/08
Posts: 43
Loc: RI
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Just received a bpo for them thru res. I had let Res.net expire last year and was able to tab thru and accept but am now wondering if I should pay another $250 for res... (didn't receive anything last year).
Property is not listed but appears to be in pre-foreclosure. Anyone see any bpo's turn into a listing from these guys?
Thanks!
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#326162 - 02/09/10 08:17 AM
Re: SAMREO - anyone have experience with them???
[Re: proudtexan]
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Veteran Member
Registered: 10/14/06
Posts: 1388
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I've done several BPOs for them. I've been paid for all of them.
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#326276 - 02/09/10 07:17 PM
Re: SAMREO - anyone have experience with them???
[Re: proudtexan]
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Member
Registered: 10/29/09
Posts: 53
Loc: HOUSTON TX ,DETROIT,MI
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They sent several of my checks to my broker with no referance to me so check with your broker they usually pay 30day out.
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Cedric McGrew Realtor 2004 BPO 2006 REO 2007 www.cedricmcgrew.comHouston tx Detroit mi
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#326529 - 02/11/10 11:50 AM
Re: SAMREO - anyone have experience with them???
[Re: REALTOR CED]
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Member
Registered: 02/23/09
Posts: 12
Loc: East Coast
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They always pay. They would only do so through my broker as they use the res.net portal.
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#326838 - 02/13/10 03:18 PM
Re: SAMREO - anyone have experience with them???
[Re: PhoenixReo]
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Veteran Member
Registered: 03/26/08
Posts: 800
Loc: Los Angeles, CA REO Capital
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How did you register on their web site without paying their fee? Just did!!! Something to do if you are a Broker not a Salesperson I believe.
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Registered: 02/12/09
Posts: 12
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