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#277398 - 02/22/09 09:24 PM Re: What's your current inventory? Please share. [Re: Doin' bpose]
ColoBroker Offline
Major Contributor

Registered: 11/03/07
Posts: 2326
Loc: Northern Colorado
5.4 bpos a day. No wonder you don't want to or have the time to do sales.
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#277411 - 02/22/09 10:22 PM Re: What's your current inventory? Please share. [Re: Brad - W4BJM]
CandyMan Online   content
Major Contributor

Registered: 07/12/08
Posts: 2394
Loc: California
brad

2000?.....great numbers.....can see why the others zero'd out....no time.....lol.....if you want a good laugh, go to the BPO/REO school thread and see what the instructor claims he does in a week....I'm happy when I hit a grand (in a year, lol).
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PONDERISM:

"Life isn't about waiting for the storm to pass........It's learning how to dance in the rain".

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#277412 - 02/22/09 10:41 PM Re: What's your current inventory? Please share. [Re: Doin' bpose]
sslopko Offline
Member

Registered: 07/21/08
Posts: 58
Loc: ohio
SLOW ..VERY SLOW

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#277415 - 02/22/09 11:00 PM Re: What's your current inventory? Please share. [Re: sslopko]
Doin' bpose Online   content
Major Contributor

Registered: 01/26/09
Posts: 2868
Loc: Old Dominion
About 3 years ago I hit around 1200 and it was insane. That's all I did all year, basically. There were no reos. Most years is 800 or 900. This year I'd like to hit 800.

I did my first one in 2000. Regular camera, typewriter, glued pics on a piece of paper. Faxed in results and overnighted the original directly to the lender. When companies went to word doc forms it was like sliced bread. Not as many mills back then. You worked directly for CW or whoever. I am sure some old timers know more about it than I do. I was a plebe then, just doing the grunt work. Now I am in charge, still doing the grunt work.


Edited by Doin' bpose (02/22/09 11:04 PM)
Edit Reason: added info.
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#277419 - 02/23/09 12:12 AM Re: What's your current inventory? Please share. [Re: Doin' bpose]
Alan From Florida Offline
Veteran Member

Registered: 05/10/05
Posts: 906
Loc: Tampa Bay Florida
56 Active listings
22 In escrow
17 in eviction stage
61 prelist
8 in Auction
My active inventory and prelist that I have governed by master listings can be sceen here http://reo1.AlanPlager.com Yes I have others but they are not governed by master listing agreements so I dont disclose those till I have listing agreement in hand.

BPO's 5-20 a week depending on my time.


Edited by Alan From Florida (02/23/09 12:15 AM)
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Alan Plager E-Pro
Prudential Tropical Realty
Over 2500 Units Sold
Please click here to request my list of reo and or investment properties

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#277420 - 02/23/09 12:14 AM Re: What's your current inventory? Please share. [Re: Doin' bpose]
CandyMan Online   content
Major Contributor

Registered: 07/12/08
Posts: 2394
Loc: California
First BPO.....1980...bank calls....gives address.....I drive by.....see house has 4 walls and a roof....no pics...go back to office....check county records for tax rolls...add 10% (county was always behind 10% in values)...type short letter on company stationary indicating value....again no pics and no comps....mailed letter to bank.....bank sent me check for $45 within 10 days....much has changed since then, except our current pay....I guess this dates me.....lol
_________________________
PONDERISM:

"Life isn't about waiting for the storm to pass........It's learning how to dance in the rain".

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#277422 - 02/23/09 12:21 AM Re: What's your current inventory? Please share. [Re: Alan From Florida]
Leggo my Ego Offline
Veteran Member

Registered: 02/08/09
Posts: 514
Loc: Phoenix, AZ
Originally Posted By: Alan From Florida
56 Active listings
22 In escrow
17 in eviction stage
61 prelist
8 in Auction
My active inventory and prelist that I have governed by master listings can be sceen here http://reo1.AlanPlager.com Yes I have others but they are not governed by master listing agreements so I dont disclose those till I have listing agreement in hand.

BPO's 5-20 a week depending on my time.


Dang Alan, You are a high roller! I want to be like you when I grow up. My Active and prelist are pretty weak at the moment... I hope to build them up in the coming weeks as some of my escrows close
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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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#277423 - 02/23/09 12:49 AM Re: What's your current inventory? Please share. [Re: Doin' bpose]
jdharpe Offline
Member

Registered: 10/11/08
Posts: 301
Loc: Washington
15 listed 5 in escrow, kicking one out with the sheriff on wednesday! cash for keys for one on saturday...

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#277425 - 02/23/09 12:54 AM Re: What's your current inventory? Please share. [Re: jdharpe]
Leggo my Ego Offline
Veteran Member

Registered: 02/08/09
Posts: 514
Loc: Phoenix, AZ
I just did a CFK tonight. They were lucky I am nice... they tried to get away with taking out the range/oven despite the fact that I told them that all fixtures were to remain. I gave them 2 hours to put it back or find a replacement or no dough. They found a crappy replacement.
_________________________
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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#277453 - 02/23/09 09:17 AM Re: What's your current inventory? Please share. [Re: Brad - W4BJM]
socalreman Offline
Veteran Member

Registered: 05/13/08
Posts: 734
Loc: Orange County, CA
Brad, thats a good living, thats like selling a $300K home a month for 12 months without the worries of the deal going kabloom.
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Coffee is for closers!

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#277460 - 02/23/09 10:06 AM Re: What's your current inventory? Please share. [Re: socalreman]
BpoBill Offline
Major Contributor

Registered: 09/24/06
Posts: 1894
Loc: US
54 properties total, 85-105 bpos per month. I would have had well over 60 properties if I didnt lose so many to ahmsi.

*edit* make that 55 just got another fnma.


Edited by BpoBill (02/23/09 10:09 AM)

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#277480 - 02/23/09 11:56 AM Re: What's your current inventory? Please share. [Re: BpoBill]
Memphis Agent Offline
Member

Registered: 01/09/06
Posts: 32
Loc: Memphis, TN
6 listed with 4 in escrow and 1 in pre-list. I average about 60 bpo's a month. My inventory is way down, I usually average around 20 properties.

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#277487 - 02/23/09 12:22 PM Re: What's your current inventory? Please share. [Re: Memphis Agent]
linnea213 Offline
Member

Registered: 07/14/06
Posts: 295
Loc: Illinois
10 listed, 3 in escrow, 5 prelists. I average around 80 BPOs monthly. I too am low on inventory since losing 17 assets from CRL to AHMSI. Averaged around 25 properties at any given time last year.

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#277595 - 02/23/09 06:26 PM Re: What's your current inventory? Please share. [Re: Brad - W4BJM]
bpoorder Offline
Member

Registered: 10/28/08
Posts: 25
Loc: CA
0 sales
0 listings
1 semi-interested buyer
994 BPOs in the last 6 months of 2008 since I started my own brokerage
1 9 year old
1 18 month old
1 baby on the way.....

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#277613 - 02/23/09 07:56 PM Re: What's your current inventory? Please share. [Re: Doin' bpose]
Doin' bpose Online   content
Major Contributor

Registered: 01/26/09
Posts: 2868
Loc: Old Dominion
GO4REO WROTE HELP! HELP! HELP!
Please revise your inventory, Due today or no pay

I finally got it. lol, I did. (said like yoda)
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Life's not fair.

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