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#377574 - 05/31/11 07:38 PM
Slow for BPOs in Southern California
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Junior Member
Registered: 05/31/11
Posts: 5
Loc: Southern California
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Hello everyone. I am new to this forum. I complete a volume of BPOS weekly. However, it has been slow for me for the past 2 months. I use to receive about 30-40 orders a week but now I will be lucky if I complete that much a month. Anyone else experiencing this in Southern California? What's happening with BPOs? I've been asking the companies and they don't seem to have a clear cut answer themselves.
Edited by Suro the BPO Pro (05/31/11 07:40 PM)
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#377623 - 06/01/11 12:08 PM
Re: Slow for BPOs in Southern California
[Re: Suro the BPO Pro]
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Member
Registered: 05/17/11
Posts: 68
Loc: New York
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Could be foreclosure/short sales are slowing down. What kind are you dong mostly? Exterior or interior? My BPO business has slowed as well here in NY. I was on a much smaller scale, maybe three a week.
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#377624 - 06/01/11 12:10 PM
Re: Slow for BPOs in Southern California
[Re: jducey]
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Member
Registered: 11/30/10
Posts: 289
Loc: SoCal
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Slow here as well. I think you will find there is a lot of speculation but no legitimate answers as to why the sudden drop off.
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#377679 - 06/01/11 07:27 PM
Re: Slow for BPOs in Southern California
[Re: Suro the BPO Pro]
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Major Contributor
Registered: 09/24/06
Posts: 1967
Loc: US
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My numbers are down about 40-50% too. I think it's like this everywhere. There are still a ton of properties that need to go through the foreclosure pipeline, so I am confident that reos and bpos will pick up again. Hopefully soon.
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#377689 - 06/01/11 09:06 PM
Re: Slow for BPOs in Southern California
[Re: Suro the BPO Pro]
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Member
Registered: 11/04/08
Posts: 358
Loc: new york
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If I get to 20 a week I'm happy. In the last year I only missed that number once. I average about a half hour a form w/comps. And I'm a hunt and pecker. Sl forms I do in about twenty minutes where as a Mainstreet form takes about 45 minutes.
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#377696 - 06/01/11 09:44 PM
Re: Slow for BPOs in Southern California
[Re: cleonard]
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Member
Registered: 11/24/10
Posts: 35
Loc: California
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I'm also in Southern California and it is slow, very slow. I used to do 60 to 80 per month. Now I'm lucky if I get 30 to 40. Some of the companies I used to get lots of orders from have just stopped.
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#377698 - 06/01/11 09:47 PM
Re: Slow for BPOs in Southern California
[Re: VABroker]
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Member
Registered: 07/22/08
Posts: 296
Loc: Kansas
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Many of us are husband-wife team  When husnab takes photos for 3-4 hours, it's enough to pull MLS info, and input data for 4 orders. Then, husband does the rest of data entry and photo uploads. I pay him $20 per each order, ha-ha.
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#377705 - 06/01/11 11:11 PM
Re: Slow for BPOs in Southern California
[Re: Suro the BPO Pro]
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Member
Registered: 03/13/10
Posts: 121
Loc: out west
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You sound like us Bunny, I hope my husband doesn't see the $20 per hour or he'll want a raise...LOL
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#377706 - 06/01/11 11:29 PM
Re: Slow for BPOs in Southern California
[Re: Suro the BPO Pro]
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Veteran Member
Registered: 04/23/06
Posts: 852
Loc: Los Angeles, California
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2011 I am down 20-25% on BPOs; closed only two REOs this year.
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#377721 - 06/02/11 08:19 AM
Re: Slow for BPOs in Southern California
[Re: Houston Agent]
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Member
Registered: 11/30/10
Posts: 289
Loc: SoCal
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It takes me anywhere from 40ish minutes to an hour. That doesn't include taking the pics obviously. I always give myself an hour per order.
I can still do 30 - 40 a week, but I'm dog tired and I'm working before sun up, to sun down. Getting a 2d monitor really pushed my speed up. My dh is licensed & a wiz with mapping, so he can plan his route for maximum efficieny. We have our routine down now. Once you have your system in place & plenty of practice you will find you can work quickly without sacrificing quality or accuracy.
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#377770 - 06/02/11 02:29 PM
Re: Slow for BPOs in Southern California
[Re: Suro the BPO Pro]
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Member
Registered: 11/12/09
Posts: 89
Loc: St George Utah
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Seems to be a little slower everywhere
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#378291 - 06/07/11 08:40 AM
Re: Slow for BPOs in Southern California
[Re: Suro the BPO Pro]
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Member
Registered: 12/07/08
Posts: 33
Loc: miami, fl
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terribly slow for me here in miami. during the last three weeks my work has been down almost 100%!!!! that means nothing!!!! I have done 2 or 3 orders during the last 3 weeks, none of my companies is sending me anything. my average before this was 5 to 30 a week. I'm praying....
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Registered: 05/04/12
Posts: 34
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