#249865 - 09/15/08 02:56 PM
Re: RRReview.com
[Re: DeanaW]
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Veteran Member
Registered: 03/04/07
Posts: 1422
Loc: My Own Private Idaho
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Oooops - posted response in wrong thread. I have never had an issue with RRR.
Edited by jbt4re (09/15/08 03:52 PM)
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Justine
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#254233 - 10/09/08 02:19 PM
Re: RRReview.com
[Re: jbt4re]
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Junior Member
Registered: 10/09/08
Posts: 8
Loc: California
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I received my first BPO from RRReview last week. Do you have to call them each week to receive more orders?
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#254301 - 10/09/08 08:28 PM
Re: RRReview.com
[Re: 7222]
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Major Contributor
Registered: 05/17/07
Posts: 1564
Loc: Texas
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I received my first BPO from RRReview last week. Do you have to call them each week to receive more orders? Don't worry about calling them---they will definitely be calling you!! BWAHAHAHAHAHAHAHA!!!!!
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#254303 - 10/09/08 08:33 PM
Re: RRReview.com
[Re: CanDo]
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Member
Registered: 04/16/08
Posts: 27
Loc: CA
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They are a great with turn around payment....just not my favorite to deal with on communication
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#254355 - 10/10/08 06:17 AM
Re: RRReview.com
[Re: northtxbroker]
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Major Contributor
Registered: 02/08/05
Posts: 2781
Loc: Ohio
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Don't worry about calling them---they will definitely be calling you!! BWAHAHAHAHAHAHAHA!!!!!
LOL! 
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#260935 - 11/21/08 03:11 PM
Re: RRReview.com
[Re: nikki66972]
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Major Contributor
Registered: 08/16/07
Posts: 2712
Loc: X
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Surely owner name is a field in your MLS...
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#260941 - 11/21/08 03:51 PM
Re: RRReview.com
[Re: TB in TX]
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Veteran Member
Registered: 08/17/07
Posts: 651
Loc: Houston, TX
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Or a disclosures field where you can search for "no disclosures" or "corporate seller"
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MBA, Realtor since 2004
Co-owner of two brokerages
REO King buyer's agent for 3 years
BPOs & REOs for 3 years
Former Mortgage Loan Officer
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#260987 - 11/21/08 09:06 PM
Re: RRReview.com
[Re: northtxbroker]
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Veteran Member
Registered: 07/12/08
Posts: 1463
Loc: California
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What a understatement.......I'm still laughing.....
I received an order a few weeks back and decided to take care of the phone call issue......I had it back to them in less than 24 hours....thus, no call. I had one slide in on me last week when I had just got hit with a ton of orders from other companies. It was the last one on the pile. My intent was to get it back to them by Sunday....no such luck.....but, Monday worked.....now, here's the kicker.....order was 5 days old with two days to go.....no emails and no phone calls....go figure.....lol. If this is their new policy send me more.
Edited by CandyMan (11/21/08 11:37 PM)
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Licensed since 1492
First broker: C. Columbus
First office; Mayflower Realty
First client: Chief Givemeabreak
First commission: one blanket and a few beads (about the same it's today)
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#260989 - 11/21/08 09:47 PM
Re: RRReview.com
[Re: TerrySNJ]
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Veteran Member
Registered: 12/05/06
Posts: 610
Loc: Wild Wild West
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I just started doing BPO and I've been getting quite a few from RRReview. The previous ones have been Exterior BPO's and I finally got an Interior BPO. But I have a question that I can't seem to resolve. According to their instructions - "REO COMPS - Utilize REO comparables that best represent REO market conditions, as long as they meet the following: a) in the subject neighborhood, reasonable proximity, or competing neighborhood, b) comparable property subject to reasonable adjustment, c) exposed to market for a reasonable period, d) sold comparables dated within 6 months." OK. I understand thgis but the only way I know of even trying to locate only REO listing in my MLS (Trend) is to utilize the Remarks field. What would I use as a search term? I know that many agents don't give all of the information in the descriptions. I have no reliable method to use in our MLS, either. Most agents put "Client" in the owner field, and a great many put anything that indicates a f/c or short in the Confidential Agent Remarks. Makes it hit or miss for me, too. Then there is our beloved REO Queen (I really do like her)-- she puts Bank Owned/Lender Owned/Short Sale in an unused address field at the very top.
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#261724 - 11/26/08 10:51 PM
Re: RRReview.com
[Re: CanDo]
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Member
Registered: 08/09/07
Posts: 71
Loc: CO
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I've had good luck with them, and they pay quickly. They asked me to do an interior on a foreclosed property a half hour away. I was busy and told them my price. I really didn't want to take the time to do it, but I named my price for the rush order and they took it. I also got my check in about two weeks.
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#261725 - 11/26/08 11:21 PM
Re: RRReview.com
[Re: discndeb]
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Member
Registered: 03/07/08
Posts: 81
Loc: New England
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I like RRR very much, no QC issues & quick pay. 1 photo or they pay more. RE: searching REO, I use terms such as Bank Owned, Corporate, Addendum, Bank, Foreclosure. Those terms usually produce the most. I always state, per MLS @.............whatever the search results.
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#261730 - 11/26/08 11:42 PM
Re: RRReview.com
[Re: DueDiligence]
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Member
Registered: 08/09/07
Posts: 71
Loc: CO
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Then use those terms from the REO queen. I also have an REO queen in my area. They don't like to put the name of the bank in case others research it,or so I think. Just customize your search and see what comes up. In my area we are so rural we have to take what we can get. What area are you in? PM ME me.
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