Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




How To Advertise Here

More Good Ideas!
Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#342455 - 06/28/10 02:27 PM Commercial BPO Fees, how much?
Cool guy Offline
Major Contributor

Registered: 06/30/04
Posts: 1995
Loc: California
I've been seeing 250 for exteriors from one particular bpo mill but not sure if this is the norm. Haven't received from anyone else.

Top
#342475 - 06/28/10 05:48 PM Re: Commercial BPO Fees, how much? [Re: Cool guy]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8391
Loc: georgia
Yeah it varies. 250 is a fair price depending on what asset class it is and how much detail they want in the report.

Top
#342605 - 06/29/10 04:57 PM Re: Commercial BPO Fees, how much? [Re: super realtor]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4458
Loc: Vermont's North-East Kingdom
NVS is currently surveying its Vendors looking to see what they (we) would charge for Commercial BPOs (Exteriors and Interiors!). The question itself seems to reveal a simplistic view of the complexity of the Subject.

It's always simple conceptually until you're deeply involved in dealing with one . . . . and then it becomes somewhat like Uncle Remus' Tar Baby.

I asked them to Show me the Form ! Does a Gas Station go on the same Form as a 10 Unit Apartment House, a Donut Shop, or a Supermarket ?
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top
#342652 - 06/30/10 12:46 AM Re: Commercial BPO Fees, how much? [Re: Vermont]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8391
Loc: georgia
They have no clue.Evaluating commercial is very complex and the mistakes of a wrong evaluation are that much higher.

Many residential mls's most agents have access to have a small commercial section. To get accurate comps you need to use Loopnet and Costar and that cost hundreds and hundreds of dollars a month to belong to those services.

If mills believe they will get commercial bpo's performed for say 50 bucks more or crap like that they are on serious crack.

Top
#345102 - 07/23/10 08:50 PM Re: Commercial BPO Fees, how much? [Re: super realtor]
ediktid20 Offline
Member

Registered: 05/16/08
Posts: 61
Loc: AZ
I have added a CCIM to my reo team. So now I want to starting going after commericail BPO's. How do I find out what companies do commercial BPO's? I know of a couple already.

So i'm taking it that its not like the residential BPO's where there are 100's of companies?

Any input would be greatly appreciated. You can just message me.

Top
#354827 - 10/17/10 10:45 AM Re: Commercial BPO Fees, how much? [Re: ediktid20]
Avoid The F Word Offline
Member

Registered: 01/14/09
Posts: 185
Loc: CA
Originally Posted By: ediktid20
I have added a CCIM to my reo team. So now I want to starting going after commericail BPO's. How do I find out what companies do commercial BPO's? I know of a couple already.

So i'm taking it that its not like the residential BPO's where there are 100's of companies?

Any input would be greatly appreciated. You can just message me.


We go directly to the banks and offer to do free BPOs for them. It is all a part of building a relationship with them.

Top






Google Custom Forum Search

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.
Search

Good Idea!
REO and Short Sale Listings
Sponsors

Newest Members
manhattanscout, hghgh, superealtor, beaucoupe, vkat007
20762 Registered Users
Who's Online
5 registered (sugarlandbpo, manhattanscout, Rcflyerbob, Home Moaner, Anton Weber), 158 Guests and 2 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
DueDiligence 90
Vermont 89
HomeTeamGA 51
smg 41
pro 40
shana 40
pikes peak 40
75Corvette 37
Kjmendy 36
Brad - W4BJM 36
Artiste 35
Doin' bpose 34
realyte 31
Dave23 30
Rezo 29
(Views)Popular Topics
No new orders today 3953604
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2025828
Stupid MLS comments. 841351
EML 457988
Evalonline 299344
Land America 284999
Mainstreet 261428
What do you know about Froy Candelario, top agent in USA 248586
Pay it Forward - BPO/REO Tips & Tricks I & II 223482
New HUD Listing Brokers---Any Update? 222904
Is there religious content in Buffini class? 197342
Stupid QC comments and BPO requirements. 187268
FARVV 177240
REOTRANS 151441
USRES / RES.NET 147574
AVM Bpos 139412
asset val seminar in colorado 134413
FARVV 126751
Let's talk about our cars 120412
PAS 118318
Featured Member
Registered: 03/04/06
Posts: 217

How To Advertise Here


This site presented by RNC Internet Services