2,784,876
Decades ago I argued with this guy with a strong accent about an issue that at some point I finally realized: They outsourced the solution too
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Kevin J. May
Hobe Sound, FL
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Pete Xavier
Pacific Palisades, CA
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Eve Alexander
Tampa, FL
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Lesley Wilson-VanGoethem
Winter Springs, FL
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Lyn Sims
Schaumburg, IL
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Nina Hollander, Broker
Charlotte, NC
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Dennis Swartz
Columbus, OH
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Debe Maxwell, CRS
Charlotte, NC
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Buzz Mackintosh
Frederick, MD
1,056,818
Oh great. And what do they use for data source? Zillow! LMFAO
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Ron and Alexandra Seigel
Carpinteria, CA
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Raymond E. Camp
Ontario, NY
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Nina Hollander, Broker
Charlotte, NC
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Andrew Mooers | 207.53...
Houlton, ME
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Candice A. Donofrio
Fort Mohave, AZ
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Debe Maxwell, CRS
Charlotte, NC
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Buzz Mackintosh
Frederick, MD
3,416,038
I have lots to say about this topic. First, banks and asset management companies that pay pennies on the dollar get exactly what they pay for. As in sales, discount bpos result in discount experience and a poor quality bpo. I complete 1-2 bpos a day every day. I get paid very well and do a great job at them. I get lots of bank owned listings for my hard work. I see many discount bpos every day, incorrect information, wrong towns even. I was offered a contract to QC some of these bpos simply on desktop, took 5 minutes and paid 20 bucks each by simply pulling the tax card and mls sheets . I found massive errors. I got double pay to correct it. On the bpo front, i wont take discount bpos they offer. Tjere are companies that have gone that route and have done away with it due to poor quality. The next trend they dont talk about is computer generated bpos. I had a contract to work on them as beta project and every one was wrong. A REAL BPO not only shows value, but is suppose to identify if the home is vacant, occupied, damaged or needs attention. The GOOD banks then actually read the info on the bpoo and send people out to secure them homes.
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Liz and Bill Spear
Mason, OH
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Scott Godzyk
Manchester, NH
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Michael Jacobs
Pasadena, CA
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Pete Xavier
Pacific Palisades, CA
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Candice A. Donofrio
Fort Mohave, AZ
5,254,835
I had no idea but, it doesn't surprise me one bit, Buzz!
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Kathleen Daniels, Prob...
San Jose, CA
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Anthony Acosta - ALLAT...
Atlanta, GA
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Nina Hollander, Broker
Charlotte, NC
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Pete Xavier
Pacific Palisades, CA
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Mary Yonkers
Erie, PA
6,419,499
It wouldnt surprise me a bit.
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Anthony Acosta - ALLAT...
Atlanta, GA
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Tony and Suzanne Marri...
Scottsdale, AZ
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Debe Maxwell, CRS
Charlotte, NC
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Buzz Mackintosh
Frederick, MD
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Bob Crane
Stevens Point, WI
1,553,816
Tough to drive by the property that way, but never did or cared about BPOs so no worries either way.
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Thomas J. Nelson, REAL...
La Jolla, CA
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Pete Xavier
Pacific Palisades, CA
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Candice A. Donofrio
Fort Mohave, AZ
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Nina Hollander, Broker
Charlotte, NC
5,583,328
good.... they pay pennies....
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Anthony Acosta - ALLAT...
Atlanta, GA
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
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Buzz Mackintosh
Frederick, MD
5,113,671
A new form of Zesstimates! Wonder which ones will be more accurate.
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Michael Jacobs
Pasadena, CA
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Pete Xavier
Pacific Palisades, CA
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Candice A. Donofrio
Fort Mohave, AZ
509,449
There are just too many outsourcing in every field. It makes you wonder do they pay for those people to fly over to the US and physically view the home? :)
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Candice A. Donofrio
Fort Mohave, AZ
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Anthony Acosta - ALLAT...
Atlanta, GA
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Nina Hollander, Broker
Charlotte, NC
2,684,669
My wife's cousin is a techie in Bangalore. That city is nicknamed, "The Silicon Valley of Asia". They have access to the same internet data that American companies have, and their prices for BPOs and other services are very competitive.
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Sam Shueh
San Jose, CA
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Eve Alexander
Tampa, FL
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Mary Yonkers
Erie, PA
956,472
Are they getting the needed photos from Google Street View? If they are not licensed, it's not a genuine BPO. Not worried about BPOs, they did pay well years back.
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Nina Hollander, Broker
Charlotte, NC
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
3,349,729
I did not. Why am I not surprised?
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Eve Alexander
Tampa, FL
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
1,241,979
Corelogic was a bpo mill division in India for years. They have access to borrower personal information. US has to shoot the images and they upload. They charge a few bucks per order.
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Sam Shueh
San Jose, CA
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Debe Maxwell, CRS
Charlotte, NC
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Buzz Mackintosh
Frederick, MD
1,231,853
Amazing!
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Anthony Acosta - ALLAT...
Atlanta, GA
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Pete Xavier
Pacific Palisades, CA
1,712,776
Actually it is a sign of them using big data with learning computers, the beginning of AI. Get used to it.
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Debe Maxwell, CRS
Charlotte, NC
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Buzz Mackintosh
Frederick, MD
1,207,065
Interesting stuff.
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Debe Maxwell, CRS
Charlotte, NC
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Buzz Mackintosh
Frederick, MD
7,865,055
Thanks for the alert.
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Debe Maxwell, CRS
Charlotte, NC
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Buzz Mackintosh
Frederick, MD
1,506,173
Why am I not surprised? So much has been offshored there. Problem is, it all comes back after costing the companies way more than they thought they'd save. Saw it with call centers, saw it with Guitar Center's IT department, we'll see it here. Typically 5-7 years for it to go and come back.
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Candice A. Donofrio
Fort Mohave, AZ
2,221,377
Ohhhh, that makes so much sense. That is preposterous
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Anthony Acosta - ALLAT...
Atlanta, GA
1,466,257
Buzz Mackintosh It doesn't surprise me. Who would know our market better than someone in India?
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Candice A. Donofrio
Fort Mohave, AZ
1,513,143
That explains the pricing on foreclosures!
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Candice A. Donofrio
Fort Mohave, AZ
716,529
921,504
I did not know that, but am not surprised.
During the final years of Bank of America's economic disaster, many BPO were being completed by those with a very inadequate command of English. Issuspected outsourcing was inevitable when BPO were granted to the lowest bidder.
We have seen nothing yet.
Won't need India either.
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Candice A. Donofrio
Fort Mohave, AZ
2,163,133
Interesting to know. Zillow or Google photos are not necessarily current, a lot can happen to a property from the time those photos were taken.
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Candice A. Donofrio
Fort Mohave, AZ
259,317
3,071,489
4,902,981
5,241,047
Why does that not surpise me, everything else is!
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Bob Crane
Stevens Point, WI
2,245,675
TA DA. Appraisals from a local resource, BPO's that are done by someone swimming in the local real estate market. That's the way to go but not for $35 or too little compensation Buzz Mackintosh !
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Candice A. Donofrio
Fort Mohave, AZ
2,193,082
213,263
NO but why not? I diid them for years without leaving my desk.
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Fred Griffin Florida R...
Tallahassee, FL
1,386,874
I was not aware, but doesn’t surprise me.
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Nina Hollander, Broker
Charlotte, NC
679,404
I did not know ... but that does not surprise me. With the internet ... you can get the information through public records easy enough.
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Nina Hollander, Broker
Charlotte, NC
4,319,773
Buzz Mackintosh - so they will have the valuation in Indian Rupees.... lol!
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Nina Hollander, Broker
Charlotte, NC
5,061,034
3,988,013
With Google Earth and so many tax services online, I heard they started doing this. I bet the companies can get it done really inexpensively.
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Nina Hollander, Broker
Charlotte, NC
5,878,065
155,337
4,962,467
4,272,934
I only know one company in India that takes my POs that are assigned to me
716,142
I had no idea. All local BPO's I have heard about are done by local agents.
1,153,794
It doesn't make any sense to me although it's not surprising. Misrepresented valuations are something I won't be supporting when the crumbling begins.
2,188,747
1,574,666
I still do about 8-10 a month when I have time but I am not in India so maybe that is why I don't get 100s!
4,582,859
Not surprised. It's been years since I have completed a broker price opinion.
5,772,593
3,986,308
Yes...I have heard of the drive by look. How can you get accurate like that
459,182
Now I do! Another reason why I refer out customers looking to purchase foreclosures.
4,800,132
586,935
1,624,853