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Ambassador
5,357,799
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Getting paid.

 

Apr 19, 2017 11:30 AM
Ambassador
2,563,851
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Not hard.   But not worth the chump change that it pays, if you can even collect it.

Apr 19, 2017 12:57 PM
Ambassador
3,036,947
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Working for peanuts ... below minimum wage. 

Apr 19, 2017 12:46 PM
Rainmaker
1,104,614
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Making them worth your while comes to mind. Fortunately my time is more valuable than that.

Apr 19, 2017 11:37 AM
Rainmaker
4,054,053
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Nothing hard about it... pretty much like doing a CMA... but you do need to know your market.

Apr 19, 2017 11:25 AM
Rainmaker
882,261
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

When you know the answers all the questions are easy.

Nothing hard about a BPO. That may not be true for you.

However, it is the self-talk that follows, "What, this is all I get paid!" that becomes difficult.

Apr 19, 2017 12:53 PM
Rainmaker
2,634,037
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Getting up and going to do it

Apr 19, 2017 12:47 PM
Ambassador
4,557,551
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Knowing your market and finding the comps. Our resident BPO expert Scott Godzyk may have some thoughts!

Apr 19, 2017 12:12 PM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Kathleen Daniels nailed this one!

Apr 20, 2017 04:29 AM
Rainmaker
3,321,246
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I complete 2-4 bpos every day, near 7 days a week. The hardest part of any bpo is finding similar sold comps and then using correct amounts to adjust for differences

Apr 19, 2017 05:12 PM
Rainmaker
1,514,305
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Adjusting price if there is no similar comps matching your property, especially if you have no idea what is the condition of the home. 

Apr 19, 2017 04:04 PM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Getting paid enough to make it worth while or even getting paid at all.

$25 doesn't pay for me to drive out of the driveway

Apr 19, 2017 02:57 PM
Rainmaker
1,716,054
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

The stupid paperwork & it not being very computer friendly.

Apr 19, 2017 02:41 PM
Rainmaker
4,157,218
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Knowing and adjusting the comps. Too much work for too little money!

Apr 19, 2017 02:13 PM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Knowing what to put into them. 

Apr 19, 2017 02:05 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It is a whole lot of work, travel time and looking for comps and then you have to fight to get paid. 

Apr 19, 2017 01:28 PM
Rainmaker
1,456,727
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Knowing how to make the proper adjustments.

Apr 19, 2017 01:11 PM
Rainmaker
5,571,310
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I haven't done one of those for decades.... you make "short money"....

Apr 19, 2017 12:15 PM
Rainmaker
1,635,442
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Working like a dog for pennies

Apr 19, 2017 11:53 AM
Rainer
177,284
Cheryl Dukes . . . . . Intown Atlanta
Solid Source Realty, Inc. - Atlanta, GA

Thinking about the low amount of money you will make while you try to get it completed.

May 19, 2017 08:21 AM
Rainmaker
808,847
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Making sure you are doing them legaly (you are a broker or under broker supervision, etc).  Lots of people were doing them illegally back in the downturn and short sale days. -Kasey

Apr 20, 2017 07:41 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Selecting the right comps.

Apr 20, 2017 06:16 AM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

No money!

Apr 19, 2017 10:26 PM
Rainmaker
3,427,767
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Locating good comps. 

Apr 19, 2017 08:57 PM
Ambassador
1,616,354
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

finding solid comps

Apr 19, 2017 08:25 PM
Rainmaker
818,337
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Trying not to get killed by the squatters in the "empty" house.

Apr 19, 2017 06:36 PM
Rainmaker
1,149,109
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Ability to accept abuse by these mills wanting instant turn around and treat you as a professional.

Getting paid is important.

Apr 19, 2017 06:03 PM
Rainmaker
1,213,606
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Would never do one.

Apr 19, 2017 05:17 PM
Rainmaker
1,380,323
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Putting your name on it apparently...

Apr 19, 2017 03:39 PM
Rainmaker
6,540,835
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Finding and adjusting the comps.

Apr 19, 2017 12:41 PM
Rainmaker
3,996,206
Richard Weeks
Dallas, TX
REALTOR®, Broker

Market knowledge

Apr 19, 2017 12:08 PM