Is it common to get the listing for a BPO you did? Looking to do my first one and would love for it to be my listing, is there a procedure after the BPO to get it or is it case by case/ company by company. Thanks, John.
+ Reply to Thread
Results 1 to 10 of 11
Thread: convert BPO to a listing..
-
07-24-2007 02:50 PM #1
- Join Date
- Jul 2007
- Location
- Cape Cod, MA
- Posts
- 55
convert BPO to a listing..
-
07-30-2007 12:21 AM #2
- Join Date
- Apr 2004
- Location
- Austin, Texas area
- Posts
- 705
Re: convert BPO to a listing..
I was wondering - is a BPO simply a broker's opinion of value (our term here in Texas)? I have done a few of these over the years, and several turned into listings for us. Maybe a BPO is specific to banks?
-
07-30-2007 06:21 AM #3
- Join Date
- Jul 2007
- Location
- Kentucky - in a barn!
- Posts
- 1,564
Re: convert BPO to a listing..
BPO = broker price opinion, so yea, same thing.
Jon Karlen
Louisville Real Estate - Lake Forest Louisville KY Homes for Sale - Lexington Kentucky Real Estate
Serving the Louisville KY metropolitan area including Jefferson County - Prospect Shelby County - Shelbyville Oldham County - Goshen, La Grange and the Lexington KY metropolitan area including Fayette County - Lexington Woodford County - Versailles Scott County - Georgetown Jessamine County - Nicholasville
-
07-30-2007 05:51 PM #4
- Join Date
- Apr 2004
- Location
- Austin, Texas area
- Posts
- 705
Re: convert BPO to a listing..
Do you see a lot of BPOs where you are? I have been doing this for almost 11 years, and I have only done a handful. One was for our church, and another was for a friend/past client who was considering refinancing. Is there a good source for these?
-
07-31-2007 05:48 AM #5
- Join Date
- Jul 2007
- Location
- Kentucky - in a barn!
- Posts
- 1,564
Re: convert BPO to a listing..
I don't see them that often with my business.
Regarding where to acquire them, theres a discussion regarding that here:
http://www.realestatewebmasters.com/thread15844.htmlJon Karlen
Louisville Real Estate - Lake Forest Louisville KY Homes for Sale - Lexington Kentucky Real Estate
Serving the Louisville KY metropolitan area including Jefferson County - Prospect Shelby County - Shelbyville Oldham County - Goshen, La Grange and the Lexington KY metropolitan area including Fayette County - Lexington Woodford County - Versailles Scott County - Georgetown Jessamine County - Nicholasville
-
09-08-2007 12:36 AM #6
- Join Date
- Sep 2007
- Location
- SC
- Posts
- 28
Re: convert BPO to a listing..
sometimes they turn into listings
its case by case and company by companyhttp://agenttools.blogspot.com/
Agent Tools - Free Stuff
Right now get 250 business cards free - free efax - free email service
-
09-08-2007 06:13 AM #7
- Join Date
- Aug 2007
- Location
- Metro Atlanta
- Posts
- 370
Re: convert BPO to a listing..
What percentage of BPO's that you have done turn into listings?
-
10-04-2007 03:09 PM #8
- Join Date
- Sep 2007
- Location
- Circleville, Ohio
- Posts
- 145
Re: convert BPO to a listing..
I've done 150 this year so far, had 2 reo listings. One of the companies that gave me a REO listing was not from doing BPOs , but the good ol fashioned means of calling and networking
REO & BPO Foreclosure Blog
How to get REO listings, BPO Company lists, and negotiate short sales FREE.
Circleville Real Estate!
Brandon E. Schlichter
HER Real Living
Circleville , Ohio
740-571-1606
-
10-10-2007 01:50 AM #9
- Join Date
- Oct 2007
- Posts
- 4
Re: convert BPO to a listing..
Yeah its a small conversion rate into listings.
-
10-15-2007 08:17 PM #10
- Join Date
- Jun 2007
- Location
- Howell, MI
- Posts
- 20
Re: convert BPO to a listing..
20something ... who do find is the best source to go to for networking? Are you calling the banks and speaking with Asset Mgrs? Do they want to know your qualifications or anything like that first?
Thanks!
Lisa
Reply With Quote
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
