Do BPO's really lead to getting REO's in Dallas Texas
Hey all! I'm thinking very hard about becoming an REO agent in Dallas but I'm getting a tone of conflicting information on BPO'S leading to REO's in Dallas . I'm not afraid of hard work, but I wanna make sure that its going to eventually lead to something. I dont want to do a tone of BPO's and it not lead to any REO's. I've been researching this and I see its a realty for maybe 70% of agents.
Do banks already have certain agents set up that do the REO listings after you,ve done all the BPO work? Do all banks pay you to do BPO's, if so how much? When you get REO listings is there always cost involved? I here REO agents spend alot money once they get an REO listing. Can someone with extensive experience in this please clear this up for me?
Thanks!