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




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Page 1 of 2 1 2 >
Topic Options
Rate This Topic
#390927 - 10/04/11 06:46 AM Busiest times for BPOs
Rainbowtyedye Offline
Member

Registered: 01/15/09
Posts: 111
Loc: NJ
I just started doing BPOs about 2 weeks ago. Last week I was crazy busy with orders from EML, yesterday I didn't see one request in my area.

Just wondering, is there an ebb and flow with BPO orders? Are certain times of the month, quarter and year busier than others?
_________________________
http://LisaDArnold.com

Top
#390932 - 10/04/11 08:03 AM Re: Busiest times for BPOs [Re: Rainbowtyedye]
Doin' bpose Offline
Major Contributor

Registered: 01/26/09
Posts: 2961
Loc: Old Dominion
There is little rhyme or reason to the flow of orders. I have picked on a end of the month lull over the years, but you just demonstrated that is not relavent in your situation.

Since BPOs are ordered for any host of reasons you have to consider these variables to help understand.

1) Which companies am I signed up with?
2) Where am I geographically?
3) How many competing agents am I sharing the work with?

Here is another illustration of how things can buck the trend. Holidays and 3 day weekends, (weekends in general) tend to be lighter in volume, but if you are working you can be busier than normal since your fellow agents might be taking time off to travel or just relax and enjoy themselves.

Welcome to the grinder.
_________________________
Trust your Maker. Watch your manager.

Top
#390944 - 10/04/11 10:39 AM Re: Busiest times for BPOs [Re: Rainbowtyedye]
REnAZ Online   content
Member

Registered: 03/13/10
Posts: 121
Loc: out west
What Doin said,,as soon as I think I have it figured out it changes. Mondays were always slow, now there really busy, the first of each month used to be busy, now its slower than the last two weeks of the month, don't drive yourself crazy trying to figure it out........

Top
#391005 - 10/04/11 11:02 PM Re: Busiest times for BPOs [Re: Rainbowtyedye]
King of Internet Offline
Major Contributor

Registered: 01/31/07
Posts: 1808
Loc: Midwest
seems like its been a while since a newbie was on here asking this type of question.

that said, you might be suprised how many orders you might see between 2 and 6 AM.
_________________________
BPO's since 2001, REO since 2006. Equal opportunity lover since 1977.

Top
#391017 - 10/05/11 05:40 AM Re: Busiest times for BPOs [Re: Rainbowtyedye]
Mike Hagen Offline
Veteran Member

Registered: 01/02/07
Posts: 724
Loc: Port Jefferson New York
If you google a time zone driven, religious holiday adjusted work calendar for India, you would gain some ground on this one. I once got twelve assignments on Christmas Day........and I took them.

Top
#391083 - 10/05/11 08:24 PM Re: Busiest times for BPOs [Re: King of Internet]
Rainbowtyedye Offline
Member

Registered: 01/15/09
Posts: 111
Loc: NJ
Originally Posted By: King of Internet
seems like its been a while since a newbie was on here asking this type of question.


Don't know if that's a good thing or a bad thing...


Edited by Rainbowtyedye (10/07/11 07:09 AM)
_________________________
http://LisaDArnold.com

Top
#391088 - 10/05/11 09:13 PM Re: Busiest times for BPOs [Re: Rainbowtyedye]
Doin' bpose Offline
Major Contributor

Registered: 01/26/09
Posts: 2961
Loc: Old Dominion
Originally Posted By: Rainbowtyedye
Originally Posted By: King of Internet
seems like its been a while since a newbie was on here asking this type of question.


Don't know if that's a good thing or a bad thing...
It could be neither, just a pontification of sorts maybe.

BTW the / was out of the second quote thingy, which is why it showed up in your post without the quote box. See I added it and it framed King's quote from your post.

You might be able to add it through the edit function if you are interested.
_________________________
Trust your Maker. Watch your manager.

Top
#391103 - 10/06/11 01:39 AM Re: Busiest times for BPOs [Re: Rainbowtyedye]
texasgal Offline
Veteran Member

Registered: 05/25/07
Posts: 562
Loc: Texas
Plan an expensive vacation and go out of town. BPOs will come pouring into your inbox at that time.

Top
#391175 - 10/07/11 07:10 AM Re: Busiest times for BPOs [Re: Doin' bpose]
Rainbowtyedye Offline
Member

Registered: 01/15/09
Posts: 111
Loc: NJ
Thanks. I didn't even notice that I screwed up the tag like that. I deleted part of the quote out, and I guess I got a little delete-button happy. And I don't think I had enough coffee at that point, either. crazy
_________________________
http://LisaDArnold.com

Top
#391179 - 10/07/11 08:00 AM Re: Busiest times for BPOs [Re: texasgal]
Houston Agent Offline
Major Contributor

Registered: 01/26/05
Posts: 2051
Loc: Houston
Originally Posted By: texasgal
Plan an expensive vacation and go out of town. BPOs will come pouring into your inbox at that time.


This.

Not only will you have spent money to go out of town, you'll lose a bunch while you're gone.

Top
#391215 - 10/07/11 03:59 PM Re: Busiest times for BPOs [Re: Houston Agent]
Grampa Offline
Major Contributor

Registered: 06/30/09
Posts: 2255
Loc: Margaritaville
Originally Posted By: Houston Agent
Originally Posted By: texasgal
Plan an expensive vacation and go out of town. BPOs will come pouring into your inbox at that time.


This.

Not only will you have spent money to go out of town, you'll lose a bunch while you're gone.


Only if you actually go out of town. We plan a trip and only my wife goes. Works like a charm as I am so busy when she leaves with REOs and offers that I can hardly keep up. We do not do the paid BPOs but I would guess it is the same there as well.
_________________________
"Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind."
Dr. Seuss

Top
#391754 - 10/14/11 12:40 AM Re: Busiest times for BPOs [Re: Rainbowtyedye]
MArealtor Offline
Veteran Member

Registered: 12/28/06
Posts: 809
book a flight. when you're about to leave on the trip, 50 orders will hit your inbox.

Top
#392175 - 10/18/11 02:11 PM Re: Busiest times for BPOs [Re: Rainbowtyedye]
Don Price (Pine) Offline
REO-BPO-R.E. Mod
Major Contributor

Registered: 03/12/08
Posts: 3272
Loc: Pinehurst, NC
Originally Posted By: Rainbowtyedye
I just started doing BPOs about 2 weeks ago. Last week I was crazy busy with orders from EML, yesterday I didn't see one request in my area.

Just wondering, is there an ebb and flow with BPO orders? Are certain times of the month, quarter and year busier than others?


It also depends on how you are fishing. Have you just thrown your bait out in the water and sitting back waiting for a bite, or are you constantly casting and checking for a bite?

Constantly casting and moving from one honey hole to another always produces more fish - it is more work - but produces more too - Just make sure you clean and eat all the fish you catch and you'll have plenty to eat! wink
_________________________
Donald Price (Don)
Pinehurst, NC 'America's Home of Golf"

Pinehurst Real Estate | REO-BPO-Brokers.com | Blog | Join active|rain | Twitter | Facebook


Top
#392197 - 10/18/11 05:04 PM Re: Busiest times for BPOs [Re: Rainbowtyedye]
Traveler Offline
Major Contributor

Registered: 11/14/00
Posts: 2268
Loc: The Coast
When you have to P real bad. Go to the bathroom and when you get back, you can bet your bottom dollar you missed at least 2 or 3.

Top
#392204 - 10/18/11 06:27 PM Re: Busiest times for BPOs [Re: Rainbowtyedye]
jbt4re Offline
Major Contributor

Registered: 03/04/07
Posts: 1801
Loc: SWI
It didn't work too well for me recently, we went to the Washington wine country for 4 days and all I got the day I left was 1 listing agreement and 2 offers on two houses. I was really hoping for some new REO properties, but no such luck. Now my inventory is down to nil, well 3 properties.

Maybe I need to schedule a trip farther than 5 hours from home.
_________________________




Top
#392210 - 10/18/11 06:41 PM Re: Busiest times for BPOs [Re: jbt4re]
Don Price (Pine) Offline
REO-BPO-R.E. Mod
Major Contributor

Registered: 03/12/08
Posts: 3272
Loc: Pinehurst, NC
Originally Posted By: PotatoState
It didn't work too well for me recently, we went to the Washington wine country for 4 days and all I got the day I left was 1 listing agreement and 2 offers on two houses. I was really hoping for some new REO properties, but no such luck. Now my inventory is down to nil, well 3 properties.

Maybe I need to schedule a trip farther than 5 hours from home.


LOL - didn't work - WTH - you're sounding like you might start protesting too.

congrats
_________________________
Donald Price (Don)
Pinehurst, NC 'America's Home of Golf"

Pinehurst Real Estate | REO-BPO-Brokers.com | Blog | Join active|rain | Twitter | Facebook


Top
#392636 - 10/22/11 12:14 AM Re: Busiest times for BPOs [Re: King of Internet]
October2006 Offline
Member

Registered: 09/12/08
Posts: 91
Loc: US
Originally Posted By: King of Internet
seems like its been a while since a newbie was on here asking this type of question.

that said, you might be suprised how many orders you might see between 2 and 6 AM.


Yeah, you should def sit by your pc between 2-6am and wait for orders. totally the busiest time for me...lol

Top
#392639 - 10/22/11 06:20 AM Re: Busiest times for BPOs [Re: October2006]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 4726
Loc: Vermont's North-East Kingdom
Originally Posted By: King of Internet
seems like its been a while since a newbie was on here asking this type of question.

She may be a newbie to BPOs; but NOT to this Forum.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

Top
#394768 - 11/16/11 06:51 AM Re: Busiest times for BPOs [Re: MArealtor]
REO DISPATCH Offline
Member

Registered: 10/01/07
Posts: 377
Loc: REPO VILLE USA
Isn't that the truth, I had plane tickets to Detroir for thanksgiving and the big NFL game.... Turned out to be the biggest month of my career... sad part my kid cried cause I had to cancel but got over it quickly with crazy Christmas presents !!! In this buss you have to roll when things are going good cause there are ALWAYS the slow months expecially this year
_________________________
Good assets or bad assets we move them all and never say no with quick turn times!

Top
#397992 - 01/02/12 04:53 PM Re: Busiest times for BPOs [Re: Rainbowtyedye]
Edson Offline
Member

Registered: 11/09/11
Posts: 33
Loc: Gets Work in FL
It's hard to know when orders come in. Unless, you are close to someone inside the BPO mill they will let you know when orders are coming.

What I use to do is call the BPO mills find out if they have orders coming in for that day.

I use to pick up extra orders just by calling them because most agents will not call them for orders. It takes humility but worth it.

With Emortgage Logic what I usually do is whenever, I'm on front of my computer. I just keep clicking on new orders every 2 minutes as much as I can.

Top
#398002 - 01/02/12 07:34 PM Re: Busiest times for BPOs [Re: Edson]
Doin' bpose Offline
Major Contributor

Registered: 01/26/09
Posts: 2961
Loc: Old Dominion
Originally Posted By: Edson

With Emortgage Logic what I usually do is whenever, I'm on front of my computer. I just keep clicking on new orders every 2 minutes as much as I can.
I think there is a whole thread on that particular activity. Certainly enough posts exist that refer to the activity. It's been a while for me but I have done that before. Left the window open and clicked away. But that really was when you could reap 55 for a timely order. Now you scrape 40 despite your efforts.

Holidays are a good time to collect extry orders.
_________________________
Trust your Maker. Watch your manager.

Top
#398004 - 01/02/12 07:49 PM Re: Busiest times for BPOs [Re: Doin' bpose]
CandyMan Offline
Major Contributor

Registered: 07/12/08
Posts: 2480
Loc: California
Almost every major holiday you get a shot at more orders. A lot of vendors will take time off at Thanksgiving and Christmas. My daughter was crying the blues about no work and received 19 orders last Friday.....I advised her a few days before, sometimes Santa will make a late delivery. I think she believes in Santa again..........lol.
_________________________
PONDERISM:

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

Top
Page 1 of 2 1 2 >






Moderator:  jbt4re 
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 Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
JakeRoberts, JaneLee, CourtneyFields19, toorgeman123, D best Realtor
21441 Registered Users
Who's Online
7 registered (BpoBill, REnAZ, Matt Desa, mmmm3, bluebird, 2 invisible), 130 Guests and 2 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 78
KingofBPOs 55
Brit16 51
DueDiligence 36
super realtor 36
Bigtoe 35
Averis 34
johnnyloans 34
SoldWithVideo 32
Kjmendy 29
RIzwan 29
75Corvette 25
Scintillion 25
Doin' bpose 24
Brad - W4BJM 23
(Views)Popular Topics
No new orders today 4758552
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2708720
Stupid MLS comments. 959158
EML 458010
Evalonline 299689
What do you know about Froy Candelario, top agent in USA 291105
Land America 285007
New HUD Listing Brokers---Any Update? 269819
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 239451
Stupid QC comments and BPO requirements. 230857
Is there religious content in Buffini class? 225911
FARVV 177251
REOTRANS 160821
Let's talk about our cars 147881
USRES / RES.NET 147658
asset val seminar in colorado 144138
AVM Bpos 139643
FARVV 126764
PAS 118332
Featured Member
Registered: 06/09/07
Posts: 477

How To Advertise Here


This site presented by RNC Internet Services