Posts Tagged ‘Touch Ups’
Big Bank BPOs...are they different than most?
If you're not a big bank direct broker yet (and I say "yet" because you should be vigorously pursuing them as a client) then it is good practice to start doing BPOs as if you were doing them for a big bank AM. Here's what I mean.....All too often REO brokers (especially inexperienced ones) are too quick to simply "list" a few repair items and then guesstimate their costs on their BPOs. Since with many (obviously not ALL) companies this is acceptable, it becomes a common practice.
