Does anyone have any idea on how their grading system works? and has anyone been able to access their grades? Its been a mystery for me .

I have been using Equator/REOtrans for quite a while for Bank of America and have never heard of a grading system. Equator is only a web platform for REOs. Bank of America does have a grading system for their REO agents.

I've seen the grading system reotrans/equator uses, but it's only available to asset managers. One of my AMs showed it to me once. Agents can't see it at all.

You get them in an email...If you worked for Countrywide, it's on that order.

there is a grading system directly on REOTRANS- in addition to the BA grading. So if only the asset managers see it- how can we get to see it? there must be a way..........

ReoTrans Question: Anyone know how to upload a MLA if asked by a servicer?

Have a request to do so, no task in my account, puzzled as to where this goes, any help is appreciated!!!

Upload it through the library section or you can email it through Equator as an attachment and they could probably do it.

Please advise---where is the library section?

This is a new servicer telling me to sign and upload the MLA and E&O, they did not assign a task to me, so I am wondering if that is needed for me to do this?

Thanks a ton!

Click on "My properties and offers", then click on the address for you assigned property. The library section is on the right side of the screen and has the word "View" highlighted below "Library" Click view and it will open your property files. Find the tab that you think best fits where to upload the document.

No property assigned yet, I think the AM needs to assign a task to get me into that section.

I would just email it back to the AM if you have not been assigned the listing yet.

That's been done, it's for a new servicer and they wanted the MLA and broker app uploaded, probably have a task tomorrow.

Didn't want to miss the obvious and look silly.

Two questions: Is Equator the new name for Reotrans? And do you guys all pay for the zip codes? :confused:

Yes, it is the new name.

To answer the zip code question, I no longer pay for zip codes.

Because I had an asset manager tell me that they look for the closest agent to the property regardless of the paid zip codes, and assign that way.

She specifically told me that I did not need to expand my areas, that I would get listings in a 10 mile radius. So that's my experience after 2 years of paying and 1 year of not---they found me anyway!

When I signed up they used my office zip instead of my home. I wish they had used my home as my free zip and the one used for listings. I think I'll see if I can change my profile...

Equator just had a press release about a new platform for mid level servicers. In it they claim to have 665,000 agents available.

At the rate the jobs are taken in my area I think they all live here too...

I can't see how I can change my main zip code to my home instead of work...hmmm, maybe I should contact them.

Has anyone experienced this:

Accepting a BPO order with Equator and then two minutes later it disappears from your accepted job list?

I thought I was crazy because it happened so fast, but yes.

So I emailed equator asking what happened to my bpo order. I told them that it must have been my lucky day because I was finally (after 2 years or so) able to accept an order.

Here's what one of the AMs told me:

I manually entered this order into Equator. I have an agent in the area that does BPO’s that I had already contacted about doing the BPO. It is a rush and I needed to ensure that it would be completed by Monday. When I enter the order manually I have to assign it to the agent once the order is uploaded. I apologize for any inconvenience.

So it doesn't even matter if I'm fast enough to accept them. They're basically pre-assigning them.

Wow. Like it's not already close to impossible to get them before they're gone...not right at all.

The twenty something bucks I pay a month for zips is just salt on the wound.

I deleted my paid-for zip codes because I think they're focused on selling zip codes to REALTORS waaaaaaay more than BPO assignments.

The worst thing about paying per zip is that not all zips have business in them.

I have to pay the same amount per zip (13) in a county that has a 80,000+- population, which means long drives to get to many.

If you live in a metro area you could have more SFR in a relatively small area - and have many more households per zip.

If fact - if the density is high enough - you basically could shop neighborhoods.

I'm in a huge metropolitan area over over 1 million people and I bought about 20 zipcodes -- the only times I got a "blast" was around the first of the month when my payments were due.

Blasts gone before they're posted and deleted after they're grabbed -- it's just too shady to believe they're serious about BPO's, imo.

I just received my second order with them. Both in my "free" zip code. I've been a member with them for just over a year. I pay for 3 zips now and I added two more.

I actually caught a Blast order today!It seems every time I think about cancelling the additional zip codes I catch an order and give it a couple of more months,been on the site a couple of years,no reos and just enough orders to almost break even...