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Frank Worrell, Turning BPOs Into Six-Figure Incomes (BPOS FOR LIFE LLC)

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Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Great job on the blogs, Frank!

BPOs are coming back as for many years here, we didn't even hear of them. I'm so swamped with general brokerage though, it wouldn't be something that I would add to my wheelhouse.

Oct 12, 2023 07:17 AM
Rainmaker
1,278,281
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

I thank you for your educational pieces. I don't do BOPs but I do think they may come back in popularity when the cyclical & economic changes take place

Oct 12, 2023 09:04 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

You lost me at BPOs. While I am intimately familiar with what a BPO is, they are not what I focus on. 

Oct 12, 2023 08:59 AM
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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
The best agent in Southern Utah!

Like you said, bpo's are good for those who want that niche and are interested in tax abatement, commercial properties, remote locations, or residential real estate. Wishing you the best, Frank!

Oct 12, 2023 07:36 AM
Rainmaker
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Peter Mohylsky,
Property Management International-Destin - Inlet Beach, FL
Call me at 850-517-7098

I went back and read your posts.  very nice.  this is an area I do not have any experience in and I have not heard that they were becoming a item these days.  they were popular in days past and might be important in the future.  we shall see.  

Oct 12, 2023 06:33 AM
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Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Your posts are educational and I have read some of them. I think you'd get more responses if you had fewer posts per day. That being said, if someone was thinking of adding BPOs to their business, I'm sure they'd be able to find the information they need from your posts. And would call you for more information.

Oct 12, 2023 11:45 AM
Rainer
195,789
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

You might want to ask a friend or someone with minimal knowledge of BPOs.  Most people on this forum have a basic understanding of BPOs, even if they don't do them regularly.

A friend who does not work in real estate might be able to give you better feedback.  They could tell you, "I didn't know what a BPO was and now I do."  Or "I'm still confused about what they are, when to use one, etc."

Just a thought.  I think there is value in getting real estate practitioners to provide feedback, but it is also value to have people who are unfamiliar with the field (which presumably is your audience) read them.  Good luck with it.

Oct 12, 2023 08:00 AM
Rainer
426,567
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

we have an agent that has done them for 25 years along with REO listings.

Oct 12, 2023 07:50 AM
Ambassador
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Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home again, home again...

I have been following your bpo carpet bombing.

Oct 12, 2023 07:47 AM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I have never done one, and not in my wheelhouse either.   I have been over to your posts though.

Oct 12, 2023 07:46 AM
Rainmaker
4,416,260
John Pusa
Glendale, CA

Hello Frank Worrell your BPOS posts are very helpful and educational.

Oct 12, 2023 07:43 AM
Ambassador
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Hi Frank Worrell 

Your posts are neat and clean, well organized, and to the point.  I am semi-retired, BPO's are not in my future.   However, if a fellow Broker or Agent brings up the topic of BPO's, I will point them to your blog roll.

Oct 12, 2023 07:18 AM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

This is not in my "wheel house" so really haven't spent much time thinking about BPO's or your posts. Sorry.

Oct 12, 2023 06:45 AM
Rainmaker
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Richard Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Well Frank, it is a subject that once discussed, reveals much to those who need to know

Oct 12, 2023 06:27 AM
Rainmaker
1,641,879
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, CFSP
Big Block LPT Realty 858.232.8722 - La Jolla, CA
Coastal San Diego, Veteran's & Retirees Services

Frank I've read a couple of your posts, they are helpful indeed. I doubt I'll ever read all 90+ since I no longer do BPOs but I'll read one here and there to stay informed. Pace yourself in The Rain; good content over volume and a variety of topics draws the eye more than one repeated topic - in my opinion.
Thanks for being a great resource in this niche! 

Oct 12, 2023 01:51 PM
Rainmaker
682,396
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

Nothing personal but have not read them and have no intention to. Have enough personal experience with them that I have no interest in doing them again.

Oct 12, 2023 12:43 PM
Rainmaker
2,562,761
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Being very upfront Frank, I have read a couple but they just hold no interest for me. I am assuming you want all truthful answers and not just empty platitudes. 

Oct 12, 2023 12:38 PM
Rainmaker
685,002
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Frank Worrell I have not seen your other blogs about BPOs, and will probably take the time and check some of them out!  i did miss your webinar due to other commitments ... let me know if you do another one?  Not sure how serious I would be about doing a high volume of BPOs but it is definitely something to consider when times are slow or lean.

Oct 12, 2023 11:19 AM
Ambassador
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

One of my agents gets good supplemental income from them.   And I myself don't do BPOs, but I do draw inspections... because I love watching the progress on new homes and enjoy it.

Oct 12, 2023 10:47 AM
Rainmaker
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Jerry Lucas
ABC Legal Docs LLC - Colorado Springs, CO
Notary Training, Consulting. Colorado Springs, CO

You may want to review the YouTube videos about BPO and create the best one available to viewers.

I noticed there are videos for BPO Broker Price Opinion and BPO Business Process Outsourcing.

Business Process Outsourcing attracts many more YouTube viewers.

 

Privacy Tip:- YouTube is a PRISM surveillance vendor that tracks and shares your usage and history.

To watch YouTube videos privately, without user tracking, use the free private client FreeTube at https://freetubeapp.io/

Oct 12, 2023 09:34 AM
Rainmaker
625,012
Shayne Stone
HomeSmart - Fulshear, TX
"Your Rock Solid Choice Realtor" RETIRED

Haven't done BPO in many years and no interest in doing them again! 

 

But I did read a few of your BPO blog post and found the information useful for those looking at maybe starting that line of business...

Oct 12, 2023 04:57 PM
Rainmaker
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Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I don't consider you my customer or in my area of expertise. I don't know how to answer this as I wouldn't read what you write about.

Oct 12, 2023 06:20 AM
Ambassador
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Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Frank Worrell BPOS does not interest me.  I am very sorry but I am too busy working on procuring listings to worry about putting time into BPOS. They were something I did many many years ago and I am not interested in refreshing that journey. Wishing you success 

Oct 12, 2023 03:03 PM
Rainmaker
796,639
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I haven't read them yet.

Oct 13, 2023 10:52 AM
Rainmaker
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

I have seen but not read any of the blogs. Do yourself a huge favor and space them out. People pull up the blog roll and if they see a whole page of the same person's blogs they'll click away. I have seen many in a row on your blog roll, to a lot of people that's going to be a tune- out factor.

Oct 13, 2023 05:02 AM
Rainmaker
5,559,806
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Being retired, have not paid attention to your BPO posts, sorry can't help.

Oct 13, 2023 03:32 AM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Nice job Frank!

Posting a wealth of posts on this subject helps to place you as the authority on the subject.

Bob

Oct 12, 2023 11:23 PM