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

Realtor CommunityA popular online real estate community since 1998!


Advertisements


Sponsored Links
Advertisements
How To Advertise Here
How To Advertise Here

Good Idea!
Realtor Promotion Service

Sponsored Links
(Views)Popular Topics
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 28861855
No new orders today 13182677
Stupid MLS comments. 3480708
What do you know about Froy Candelario, top agent in USA 1305541
Stupid QC comments and BPO requirements. 1147534
New HUD Listing Brokers---Any Update? 1101033
Is there religious content in Buffini class? 889074
Let's talk about our cars 737780
Most common items found at an REO 667845
Pay it Forward - BPO/REO Tips & Tricks I & II 653613
Name that Flick. Great movie Lines. 651305
REOTRANS 496856
Main Street 475101
EML 459241
asset val seminar in colorado 442180
assist 2 sell or 1 percent realty? 380739
HOMONYMS - There, Their, and They're 357709
Evalonline 300214
Land America 285054
Mainstreet 261863
Matched Content
Page 16 of 16 < 1 2 ... 14 15 16
Topic Options
Rate This Topic
#444767 - 04/02/15 03:48 PM Re: Pay it Forward - BPO/REO Tips & Tricks I & II ***** [Re: LendSome]
CALIF DREAMING Offline
Veteran Member

Registered: 08/01/06
Posts: 1304
Loc: Downey, California
Is an NMLS license required to solicit hard money loans?
_________________________
"People rarely succeed unless they have fun in what they are doing"....Dale Carnegie

Top
Advertisements
#444768 - 04/02/15 04:34 PM Re: Pay it Forward - BPO/REO Tips & Tricks I & II [Re: Gulf Winds]
Broken-Monkey Offline
Member

Registered: 07/17/10
Posts: 99
Loc: United States

Top
#445538 - 05/15/15 03:30 PM Re: Pay it Forward - BPO/REO Tips & Tricks I & II [Re: Gulf Winds]
Angel4132 Offline
Junior Member

Registered: 05/15/15
Posts: 3
Loc: Florida
New to this forum. Need help..... i'm doing a bpo for an AM and the found 2 closed comps in the same bldg within the last 2 months with the same sq.ft however one sold for 900k and the other for 600k. Is that too much of a price swing to use as a comp? should I go to another building and find something more similar in price range? I would appreciate help from an experienced bpo realtor. Thx

Top
#445539 - 05/15/15 03:54 PM Re: Pay it Forward - BPO/REO Tips & Tricks I & II [Re: Angel4132]
LizL Offline
Major Contributor

Registered: 08/27/05
Posts: 1795
Loc: Missouri
Can you account for the difference in sales price? Was one in poor condition or a "motivated" seller or maybe all furnishings were included in the higher sale? If you need both as comps, you might give the buyers' agents a short phone call.
_________________________
Broker/Owner, REALTOR®,GRI, ABR
REO listing/selling since 2004; BPOs only for current clients

Top
#445541 - 05/15/15 04:12 PM Re: Pay it Forward - BPO/REO Tips & Tricks I & II [Re: LizL]
Angel4132 Offline
Junior Member

Registered: 05/15/15
Posts: 3
Loc: Florida
Yes I spoke to the agent of the lower priced listing and she said the owner just wanted out but the unit was in good condition. Should I just go to a different building and find another comp? I believe the value of my subject should be closer to the 900k range.
thank you.

Top
#455175 - 10/27/16 01:43 PM Re: Pay it Forward... Tips & Tricks [Re: N_Fla_Realtor]
TheBPOExpert Offline
Member

Registered: 01/22/12
Posts: 114
Loc: Georgia
Don't listen to negative talk about getting into bpos. Just keep signing up with more and more companies. Once signed up call in and ask for orders and you'll be surprised how many you can get.
_________________________
The BPO Expert
Free BPO Company List
“You will get all you want in life, if you help enough other people get what they want.” -Zig Ziglar




Top
#461358 - 05/03/18 08:21 AM Re: Pay it Forward... Tips & Tricks [Re: Gulf Winds]
kirastan Offline
Member

Registered: 04/15/18
Posts: 31
Loc: United States
Wow, the tricks are really useful! Thanks guys for sharing this smile
_________________________
docoweb.nl

Top
#463137 - 12/20/18 10:35 PM Re: Pay it Forward... Tips & Tricks [Re: Gulf Winds]
TheMotorCityDon Offline
Member

Registered: 01/25/08
Posts: 119
Loc: Detroit, MI
2018 heading into 2019... and we're still going baby...

Tip #????

When signing up for RESnet Pro or Agent Elite on Equator, call and ask if there are any "promotions" at the moment if you sign up... theyll offer you a discount!

Top
#463138 - 12/21/18 07:47 AM Re: Pay it Forward... Tips & Tricks [Re: TheMotorCityDon]
TheTexasGal Offline
Veteran Member

Registered: 06/13/06
Posts: 1448
Loc: ^
Originally Posted By: TheMotorCityDon
2018 heading into 2019... and we're still going baby...

Tip #????

When signing up for RESnet Pro or Agent Elite on Equator, call and ask if there are any "promotions" at the moment if you sign up... theyll offer you a discount!


Thanks for the tip and resurrecting this thread!

Top
#463165 - 12/26/18 03:54 PM Re: Pay it Forward... Tips & Tricks [Re: Gulf Winds]
TheMotorCityDon Offline
Member

Registered: 01/25/08
Posts: 119
Loc: Detroit, MI
Anytime TexasGal! Hopefully it picks up!!

Here is another tip:

Try to complete any tasks you have either same day or within 24 hours the latest. I have picked up extra business just by completing my tasks quickly.

Top
#463385 - 01/23/19 09:50 AM Re: Pay it Forward - BPO/REO Tips & Tricks I & II [Re: Gulf Winds]
Grant Yasrebi Offline
Junior Member

Registered: 01/23/19
Posts: 1
Loc: San Francisco, CA
Founder of Caproi [1] here. If you're looking to find investment properties with high cap rate we've made a tool to do just that. No more spreadsheets and complicated formulas. See the same listings as MLS but with a cap rate based on rental comps and airbnb comps. Listings are as up-to-date as MLS.

[1] https://caproi.com https://caproi.com

[img:center]https://caproi.com/img/screenshots/posted_agentsonline.png[/img]

Top
#463387 - 01/23/19 12:59 PM Re: Pay it Forward - BPO/REO Tips & Tricks I & II [Re: Grant Yasrebi]
Long Walk Online   content
Member

Registered: 06/27/08
Posts: 373
Loc: New Hampshire
Originally Posted By: Grant Yasrebi
Founder of Caproi [1] here. If you're looking to find investment properties with high cap rate we've made a tool to do just that. No more spreadsheets and complicated formulas. See the same listings as MLS but with a cap rate based on rental comps and airbnb comps. Listings are as up-to-date as MLS.

Hi Grant -- Welcome to the site! An admin may be along to remove your URL's, but I went and looked while they were up.

It looks like you built a tool for residential. Any plans to add commercial?

I have found cap rates to be very unreliable for single-family properties up to 4-units. But, I have only worked in a few states.

If anyone uses an income approach to value for these properties rather than just checking for positive pre-tax cash flow, my experience has been that they use a gross rent multiplier. Generally, GRM's better reflect the market than do caps because of the out-sized effect vacancy and operating expenses have on net operating income for single-family or small multi-family properties.

You clearly have better data than I do. Are buyer's using caps now for residential?

Top
Page 16 of 16 < 1 2 ... 14 15 16






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

Newest Members
sheriiii, Bharat Parshotam, realtyrocket, jbeers702, jnnyfrlls01
30787 Registered Users
Who's Online
2 registered (ThePeanutGallery, Venturepacific), 40 Guests and 3 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
CathCoy 49
Nash Vegas 38
T.T. 27
Trouble 19
Z06Fanatic 16
realestategreat 16
OahuAgent 12
estatereal 10
Long Walk 9
CaliRealtor23 8
gitmonee 8
RobR 6
leaf fan 5
ibsellin 5
FlyHigh 5
Featured Member
Registered: 06/23/19
Posts: 1
Facebook

How To Advertise Here


This site presented by RNC Internet Services