I am looking for a BPO on a property for which I am looking at buying a note (frist trust deed). I am looking for a way to reach out to local realtors who may have interest in doing that for me,

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chris taylor, Note investor, distressed property investor (Monarch Properties)

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Rainmaker
292,735

Jack Lewitz

Exit Strategy Realty - Evanston, IL

You should offer to pay for the BPO and offer to give the listing to the agent

Mar 07, 2016 10:33 PM

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1

Candice A. Donofrio

Fort Mohave, AZ

Ambassador
6,848,866

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Hope this worked out well.

Jun 05, 2019 10:04 PM

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Rainmaker
3,417,775

Scott Godzyk

Godzyk Real Estate Services - Manchester, NH

One of the Manchester NH's area Leading Agents

If you are going to order a number of them, hire a national bpo company who can manage them, hire the agents and send you the results.

Mar 08, 2016 09:12 AM

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Rainer
425,993

Caroline Gerardo

Licensed in 20 states - Newport Beach, CA

C. G. Barbeau the Loan Lady nmls 324982

BPO is what REO lender or servicor of no performing note orders. They do cost money. There are a few services that offer free AVM. Two agents in that market Petra Norris and Fran Williams I would recommend. You will need to call them and work out something. Lakeland market values are not sky high. I would suggest you look at who has the largest number of listings in Lakeland not Tampa

Mar 08, 2016 04:15 AM

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Rainmaker
921,504

Annette Lawrence , Palm Harbor, FL 727-420-4041

ReMax Realtec Group - Palm Harbor, FL

Making FLORIDA Real Estate EZ

If you are purchasing NPN the BPO is not as important as the discount. And you are correct, you are sufficiently upstream to have a plethora of profitable exits before a distressed sale. You could even get some 'Hardest Hit' money.

Big G and BPO search should present you many organizations from which to choose.

However, if you really want to work directly with agents (that is a win/win) AR is a great place to throw your line into the water. You may find the AR referral function helpful also since that process will initiate alerts to participating agents. Dig around in the links below the image on your AR profile page.

Please let them know your market is buying notes. Those agents who are not familiar with the practice WILL be disappointed with the outcome. They will feel betrayed if you exercise an early exit.

I'm about to publish a blog on this topic.

Mar 08, 2016 03:01 AM

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Rainmaker
1,125,748

Candice A. Donofrio

Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ

928-201-4BHC (4242) call/text

This is not necessarily the best place for such a request, but it would be a good idea to look for agents who are working in that area and know the market, and reach out to them individually. Let them know that you intend to pay them generously for their time and expertise, and that should you list the property they will be your first go to. Otherwise, hire an appraiser.

Mar 07, 2016 10:42 PM

Upvote

Rainmaker
469,625

Dan & Laurie Pittsenbarger Team

Keller Williams Western Realty - Bellingham, WA

Lakeside & Coastal Single Family Homes

Add the city and state to your post - the part that shows in Bold

Mar 07, 2016 10:41 PM

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Rainmaker
1,343,264

Peter Mohylsky,

Property Management International-Destin - Inlet Beach, FL

Call me at 850-517-7098

Find out who are the top perfoming realtors in that area and interview several. Find the right fit for you and your business goals.

Mar 07, 2016 10:39 PM

Upvote

Rainmaker
2,235,596

Anthony Acosta - ALLATLANTAcondos.com

Harry Norman, REALTORS® - Atlanta, GA

Associate Broker

Too far

Mar 07, 2016 10:27 PM

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You should offer to pay for the BPO and offer to give the listing to the agent
If you are going to order a number of them, hire a national bpo company who can manage them, hire the agents and send you the results.
BPO is what REO lender or servicor of no performing note orders. They do cost money. There are a few services that offer free AVM. Two agents in that market Petra Norris and Fran Williams I would recommend. You will need to call them and work out something. Lakeland market values are not sky high. I would suggest you look at who has the largest number of listings in Lakeland not Tampa
If you are purchasing NPN the BPO is not as important as the discount. And you are correct, you are sufficiently upstream to have a plethora of profitable exits before a distressed sale. You could even get some 'Hardest Hit' money.

Big G and BPO search should present you many organizations from which to choose.

However, if you really want to work directly with agents (that is a win/win) AR is a great place to throw your line into the water. You may find the AR referral function helpful also since that process will initiate alerts to participating agents. Dig around in the links below the image on your AR profile page.

Please let them know your market is buying notes. Those agents who are not familiar with the practice WILL be disappointed with the outcome. They will feel betrayed if you exercise an early exit.

I'm about to publish a blog on this topic.
This is not necessarily the best place for such a request, but it would be a good idea to look for agents who are working in that area and know the market, and reach out to them individually. Let them know that you intend to pay them generously for their time and expertise, and that should you list the property they will be your first go to. Otherwise, hire an appraiser.
Add the city and state to your post - the part that shows in Bold
Find out who are the top perfoming realtors in that area and interview several. Find the right fit for you and your business goals.