I think the lowest pay now is RRR. What do you think?

RRR exterior BPO is $40 and PCV interior BPO is $60

I think 40 is low for an exterior. As you know, it'a alot of work..

What was that company that paid 32.50 for a BPO? Even I agreed that was too low.

If you ask for $10 more from 99% of these companies you will get it most of the time. If they call from India the way they work is that they have a set amount that they have get the BPO done and they try to get the lowest possible. Just ask for $5 or $10 more on each of them and you will normally get it as they don't want to bother calling 10 more agents to try to get the job assigned.

When I get a call, when they ask me if I can do a BPO, I immediately ask what is the address, the fee and the due date. After they tell me I always say for me to meet that due date for a BPO that far away (regardless of distance) I need $X, which is $10 more than what they offered. I get it 99% of the time.

An additional $10 on 150 or so BPO's a month ends up being significant denario.

What I would like to know (and maybe MSVJ can expound on it), is how much does the mill get for the order?

Not to put MSVJ on the spot, I will use EML as an example. They pay $40 for a drive-by with the $10 extra pay if you turn in the report on time. How much are they collecting? $100, $125? I would really like to know.

Mills have expenses, which is something I appreciate. Two that come to mind are payroll and web site maintenance costs. Naturally they also want to make a profit! However from the outside looking in, I would hope that "their end" is somewhere near 50%. Meaning if EML is dishing out $50, their take is $100. I have no idea if that is realistic or reasonable. As long as I get my $50 for a drive-by, I'm OK with that personally. If its a rush, that something different.

Lastly, what intrigues me is BOA/CW. There is no "third party" to pay. Their expenses must be low, as their QC dept is virtually non existent. So the $55/$85 they pay must come from bank operating expenses? With that being said, why does BOA/CW outsource to FIRVV when they have their own evaluation dept???

I love the BPO buiz, as it took me decades to find my nitch in life. The lower fees are something that I think is temporary (1-3 years), as when the market improves less people will be doing BPOs. I think that alone will cause fees to increase, with the demand being relatively the same as HELOCs, PMI removals and standard purchases will be ordered.

I am a hold out for them. I stick to my fees, $49 and $75. Obviously, I don't do as much for them as I used to. But they still come a knockin.

I agree. $5 is a sure bet. But I always ask the questions Gig em wrote and then come back with my limitations to make my case. If they hold firm, let them find another sucker, I mean agent, to do the order.

Sorry but I have to add a note to the bpo providers....You get what you pay for.

I second that!!

Sometimes, I cannot help it.. I can make BPO's alot harder than they are.. but there are sometimes that I have to just tell myself it isnt like its a $400 BPO. Why am I stressing myself out over it?? The BPO usually turns out ok anyway. lol so I usually stress over nothing in the end.

If it is within a few miles I make an exception.

ORT....in my area $35 drive by $50 interior. 2 TAT, Always get calls to do the interiors that sit there & ask for $75 they approve. Wish others in the area would hold out


I Do exteriors for RRR $40 but they have a long TAT, no comp photos, simple forms, pay quickly. Don't do the quick turn arounds for that much, they will also up the fee when asked.

Seems like lately tho, RRR has been asking me for comp photos with Ext. Their forms are easy so I do some of them, but I am really choosy with them. I dont want to do many $40 BPO's IF I can help it. Im not against it, its where I got started so I am forever grateful but when u find companies that just simply pay better and keep you busy, what are you logically supposed to do??

I see the ORT orders at the same prices KoDa mentioned a few posts above. I usually ignore them. But someone is taking them, since they seldom call

I get $35 exterior BPOs for ORT too. That's the lowest I've seen from any company.