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#278314 - 02/26/09 07:37 PM
Re: What's your current inventory? Please share.
[Re: socalreman]
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Veteran Member
Registered: 07/22/07
Posts: 1476
Loc: My BPO Dungeon :)
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Brad, thats a good living, thats like selling a $300K home a month for 12 months without the worries of the deal going kabloom. Actually its better than that because I rarely have to deal with people. My goal is to do BPOs FT for the next 20-25 years and NEVER sell a house again. I know when the market finally corrects itself, the BPO buiz will slow down but I don't care. I would rather make $40-$50K a year doing BPOs than more selling homes. I'm just not a salesperson I guess, and enjoy the analitical work much more!
_________________________
QC is evil
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#278399 - 02/27/09 11:56 AM
Re: What's your current inventory? Please share.
[Re: Brad - W4BJM]
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Member
Registered: 07/27/05
Posts: 73
Loc: Dearborn, MI
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Total portfolio: 392
In-Redemption: 60
CFK-Eviction: 10
Valuation: 34
Actively Listed: 93
Pending-In Escrow: 195
We have been pretty steady for some time now as we currently work with well over 60 different lenders and outsourcers. This has been beneficial with all mergers and transfers. We have lost very few properties.
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#278422 - 02/27/09 01:35 PM
Re: What's your current inventory? Please share.
[Re: Brad - W4BJM]
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Veteran Member
Registered: 11/09/08
Posts: 550
Loc: REO - Capital of the World
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Brad, thats a good living, thats like selling a $300K home a month for 12 months without the worries of the deal going kabloom. Actually its better than that because I rarely have to deal with people. My goal is to do BPOs FT for the next 20-25 years and NEVER sell a house again. I know when the market finally corrects itself, the BPO buiz will slow down but I don't care. I would rather make $40-$50K a year doing BPOs than more selling homes. I'm just not a salesperson I guess, and enjoy the analitical work much more! don't bet all your coins on one pony
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#278429 - 02/27/09 02:06 PM
Re: What's your current inventory? Please share.
[Re: The Shannon Team]
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Veteran Member
Registered: 02/08/09
Posts: 514
Loc: Phoenix, AZ
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Total portfolio: 392
In-Redemption: 60
CFK-Eviction: 10
Valuation: 34
Actively Listed: 93
Pending-In Escrow: 195
We have been pretty steady for some time now as we currently work with well over 60 different lenders and outsourcers. This has been beneficial with all mergers and transfers. We have lost very few properties.
Wow. strong portfolio!!
_________________________
REO Liquidation Specialist/REALTOR(R) since 2006 5 Years Lending experience Prior to Real Estate Champion of Common Sense and Reason  Official Thread Searcher for Members who don't feel like searching for answers to their questions- I am at your service
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#278445 - 02/27/09 03:07 PM
Re: What's your current inventory? Please share.
[Re: Leggo my Ego]
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Veteran Member
Registered: 11/20/07
Posts: 1395
Loc: Land of comps and drive by's.....
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we are currently doing over $7,000 a month in bpos, 4 or 5 closings a month and so far we have around 10 listings in some form active or pending on the market. Hope to increase that to 30-50 by year's end.
_________________________
Nothing in the world can take
the place of persistence.
Talent will not. Genius will not.
Education will not.
Persistence and determination
alone are omnipotent.
Calvin Coolidge
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#278792 - 03/02/09 06:21 AM
Re: What's your current inventory? Please share.
[Re: NiNi]
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Junior Member
Registered: 01/12/09
Posts: 6
Loc: Maryland
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10 Listings
5 in pre list
1 in escrow
Trying to grow my business.
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#278795 - 03/02/09 07:02 AM
Re: What's your current inventory? Please share.
[Re: tonyg]
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Major Contributor
Registered: 10/14/06
Posts: 1641
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7 listings
6 in escrow
8 in prelist
I'm a dual career agent and this is more than I can handle.
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#278797 - 03/02/09 07:18 AM
Re: What's your current inventory? Please share.
[Re: seasaw]
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Member
Registered: 04/23/08
Posts: 121
Loc: Tennessee
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12 Active (working 1 contract, only 1 listing is REO)
2 Pending (both REOs)
4 prelist (None of these are REO)
1 buyer pending
_________________________
***Ever Hopeful...***
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#278800 - 03/02/09 07:28 AM
Re: What's your current inventory? Please share.
[Re: jbt4re]
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Major Contributor
Registered: 03/04/07
Posts: 1716
Loc: SWI
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7 active (one on the market 2 days and 4 offers so far on a gutted out fire damaged house)
1 prelist
0 pending (ask me again on Tuesday and I might have one, see above)
1 ready to expire and good riddance to it, it goes to REDC next month.
10 BPO's due Monday both interiors and exteriors Update 9 Active listings 3 prelist 2 pending listings 1 pending buyer sale 1 set to expire got extended to later this month until REDC auction 0 BPO's (only because I took the weekend off and went to Seattle for some R,R & S)
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#278814 - 03/02/09 09:39 AM
Re: What's your current inventory? Please share.
[Re: jbt4re]
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Veteran Member
Registered: 02/08/09
Posts: 514
Loc: Phoenix, AZ
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Update
43 Total portfolio
10 Active listings
9 prelist
2 eviction
19 in escrow
3 temp. off market (auction)
_________________________
REO Liquidation Specialist/REALTOR(R) since 2006 5 Years Lending experience Prior to Real Estate Champion of Common Sense and Reason Official Thread Searcher for Members who don't feel like searching for answers to their questions- I am at your service
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#279052 - 03/03/09 09:23 AM
Re: What's your current inventory? Please share.
[Re: Leggo my Ego]
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Member
Registered: 07/27/05
Posts: 73
Loc: Dearborn, MI
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We spend at least an hour or two every week marketing our team to banks and outsourcers. I have over 1400 REO contacts in my outlook which we stay in touch with regularly. In addition, I spend at least an hour a day marketing our team and two hours marketing our listings on the web.
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This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
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Registered: 03/04/06
Posts: 217
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