The number of bpos in my area has increased dramatically in the past 3 months. When I originally started bpos I probably would have been estatic with all the orders coming my way. Even though I knew what the number of orders meant, I don't think really knew what the impact was going to be on my re business.....today the number of orders that fly my way, makes me wonder about what lies ahead. Is this the short sale market turned foreclosure; is there another shadow inventory that will change the landscape of our market again?
Interesting question would be is how many of you are much more selective in the bpos you accept. In terms of forms, fees and location. I now have my favorite companies who have continued to maintain higher fees and really don't want to jump for a company that has continued to lower their fees and have no regard for experience or the expertise need to get bpos done in a timely fashion.
There will always be newbies to take my place so it makes sense to me to do work for the companies that at least pay better than most!
Edited by Char K (12/05/16 05:56 PM)
Licensed Realtor since 2000