Mortgage Field Services

Field Services: Scam or Legitimate Opportunity ?

Twenty Seven Companies to Contact For Work

Posted on | April 19, 2007 | 23 Comments

My day started early with two inspections and returning with the results and pictures before 10am. Easy enough – I was back before 8am. Some inspections actually have an expiration time printed on the form. They paid a little extra for the turn-around rush so it was a good way to start the day. If you have not contacted Clear Capital yet, it would be a smart move for you to do so.

I had a little breakfast and spent a few minutes reading e-mail and left about 8:30 with a route consisting of sixty-eight inspections of all types. I knew I would not finish but the route was prepared with the starting point being at the address farthest away. I do my routes that way pretty often because I know that even if I do not finish the route, the remaining addresses are much closer to the house.

I finished forty-one today and will leave early in the morning to get the other twenty-seven. I had quite a bit of a challenge finding properties six and seven on the route. It took a little over an hour to find the properties and finish the inspections.

Property number six on the route actually had two street addresses – one facing one street, and one facing another street – it was a corner lot, of course. I have never seen this before and I kept driving by the property knowing I was close. I finally noticed the two sets of numbers on the eave of the house. Property number seven is still a problem. The paperwork had a house number of 625 and the owners last name. When I found 625, it was actually a long dirt driveway with all the houses marked 625, A through F, all kin, all with the same last name. We called the company that sent the request asking for at least a first name to help us out. I’ve mentioned many times how your phone calls motivate me to do even more to help. Last week and so far just about every day this week, I’ve talked with people that have taken some positive steps forward in the business. A few are inching forward cautiously which is ok too; in fact I recommend it. Today I actually had the time to help a caller prepare a startup plan step by step. I asked to be updated next week so maybe I can tell you a bit more then. The positive conversations motivated me to wake up some of my robots. In one of my recent posts to the blog I mentioned the bots, or robots, that I use to help me with my business. Since I felt motivated to try to make up for my lack of entries last week, I had one of the bots go find some BPO companies that might have some related work for you. Just because these companies specialize in BPOs does not mean they do not have other needs. In fact, I do not do BPOs but I do work for six of the companies on this list. Here is a list of twenty seven companies you might check with to see if they need help in your area. I don’t think I even have all of these companies in my manual yet so be sure to let me know what you find out so I can determine if they need to be in the manual.4REO

Advanced Collateral Solutions

America’s Infomart, Inc

Asset Valuation and Marketing, Inc

BPO Direct

BPO Tracker

Broker Price Opinion

California REO Management Clear Capital Coast to Coast eMortgage Logic, LLC First American REO Servicing

Go BPO

Goodman Dean

Harbor Asset Management Services

Instant BPO

Integrated Asset Services

Keystone Asset Management Land America Default Services National REO Services, Inc

W-M Realty Services

I have started a new web link category at TheRepReportâ„¢ to hold these Broker Price Opinion Companies links and others that I will be searching for. You can find them under the HOMEWeb Site Links buttons at TheRepReport. I will also be creating RepReportsâ„¢ for all of the BPO companies – eventually.

I had a very nice, long conversation with a recruiter at CRM today. They are using TheRepReportâ„¢ to find reps and I was told that they have had calls from reps that saw their job postings on TheRepReportâ„¢. So, all is working well. The companies are finding you, and you are finding the companies.

How about a good laugh? I called the vendor recruiter at a company I did work for a few years back. I called to see what their status was in my area and was told they would send me a vendor package by e-mail right away. After two days, I e-mailed the recruiter to say I had received no e-mail – I even looked in my junk mail box the spam filter uses. Nope! Nothing there either. Hmmmm. Their computer must be down. I know they wouldn’t lead me on. I know they wouldn’t lie. It’s not too late to do it today. You still have one hour and two minutes. See ya’.

Comments

23 Responses to “Twenty Seven Companies to Contact For Work”

  1. Work At Home Business Opportunities Weblog | 27 Companies To Contact For Field Inspection Work
    April 20th, 2007 @ 9:27 am

    [...] Here are companies that actively hire inspectors and are reputable from Terry Platt. These are “broker price opinion” companies. They essentially offer a “second opinion” about the true value of a property. [...]

  2. Bob Coers
    April 25th, 2007 @ 7:30 am

    Terry
    I have tried field inspections on a part time basis for two years. I would have loved to do it full time. I even dabbled in commercial inspections. I live in Lubbock, Texas (population 200,000 +. It is a progressive West Texas town. I advertised in SOFI and wrote many field inspection companies. I have never had much luck with the mortgage industry. There is little competition here–number of field inspectors is small. My question is this–I notice the large number of daily inspections so many people claim to do. I just got a few assignments (not even worth messing with considering the price of gas). I did offer quick turnarounds and my work was acceptable. Am I going about finding jobs in the wrong way or is a city of the above described too small to provide full time work. I would just appreciate3 a note of advice even if it is (Lubbock is too small.”
    Thank you so much for a note…
    Bob Coers…

  3. Cheyenne Thomas
    August 17th, 2007 @ 2:25 pm

    Hi Terry Platt!

    My wife and I have been working part-time to have flexible time to be available for our family. But not making enough money. To make along story short, we live in Atlanta, Georgia and on August 5th 2006 around 4pm we arrived home from work. Two hours later it began thundering and lighting. Everyone in the house was running to the windows to see what was happening. At that moment we saw our neighbor driving into the cul-de-sac waving and telling us to come out of the house. The roof was on firer. Everyone got out safe. Thank God! He was with us every step of the way. We had the support of our neighbors for which we are very grateful. We stayed in a hotel for about a month until we were told that the house would not be ready for three months. When we moved back into our house, we were happy to be at home sweet home. At that time I was without a job and looking for work. We talked to the field inspector about the work he was doing and he mention that he and his wife were in business for themselves. We begin our training and worked for them. We love the work and became very good at it. We learned fast and made some money. After a while our pay checks were inaccurate. We requested written statements every week on any discrepancy of the houses we had done to become aware of them and to perform our job better. We never received any thing in writing from them about our discrepancies. Our services include:
     Mortgage Inspections
     Delinquency Interviews
     Drive-by Inspections
     Insurance Inspections
     Commercial Inspections
     Occupancy Determination
     Rush Inspections

    We are proceeding start our own Field Inspection Service business. We need help with asking for work, finding insurance companies and lending institutions and knowing how to present ourselves.

    Sincere Thanks,

    Cheyenne & Joanne Thomas

  4. terry
    August 17th, 2007 @ 7:06 pm

    Cheyenne & Joanne,

    Hi. Welcome to the field services business. I really doubt that your checks were inaccurate. Did you take into account the fact that some companies in this industry use a different numbering system that we do. Yes, that’s right – they use more zeros and negative numbers. You’ve paid your dues now move on. That company will eventually get theirs too and we’ll all enjoy the fireworks.

    Check into more commercial and insurance work.

  5. Cheyenne
    August 21st, 2007 @ 8:19 pm

    Hi Terry

    Thank you for your response to our e-mail.
    We will check more into commerical and insurancework.

    Thank you

    Cheyenne

  6. Greg
    August 29th, 2007 @ 9:44 am

    I’m new at this and so far I’m disappointed.
    I have done 18 inspections total and still
    waiting for payment from the company.
    I guess I can’t mention any names here but the
    outfit I did the work for is a thousand
    miles away and rarely answer my calls.
    When I do get through I’m put on continuall hold.
    I’m beginning to think this is all a big scam.
    This kinda reminds of the “home assembly” scam
    whereby you send your product in but never get paid
    Needless to say I am extremely skeptical about
    doing any inspection work at all for a client
    who is halfway across the country.
    If I can’t find a local contact with an actual
    physical address I can visit I’m hanging this up.

  7. terry
    August 31st, 2007 @ 7:52 am

    Hi Greg,

    It’s true that there are some “cold rude aggravating pissant” (CRAP) companies in this industry. Some seem to take a lot of pride in how bad they can be.

    You have several routes you can take:
    1. set back and take it
    2. write a collection agency in their state and ask them how to have them collect a debt for you
    3. write the attorney general in their state and tell her you think a scam is operating out of her state.
    4. write the bar in their state asking for a pro-bono attorney to assist.
    5. write their local BBB and notify them of the scam
    6. write your representative and ask her to investigate this scam

    Be sure to send copies of all letters to the CRAP company. This is the most critical step in the process.

    I recommend 2 thru 6 followed up by asking for a tour of their facilities!

    This will cost you about three bucks and give you a lot of pleasure. You know writing can help relieve stress!

    Then, quit letting ONE company ruin your efforts. Get in contact with the good companies, wait it out, and you will get work. Maybe not enough for you – I don’t know your goal, but you will get work.

    I’m not making light of this. There have been companies in the past that were put out of business because field reps did not set back and take it.

    By the way, one of the better companies we work for is also pretty poor in working with reps. They continue to deteriorate daily. Their CEO recently sent out e-mail asking for rep input. He is wasting his time. If I can not get my company contact, or the IT department to call me back, how much good does he think he can do? We called our contact off and on for six months with NO return calls. When we finally asked someone why, we were told she left three months ago. Talk about personal contact!

    See. I have my complaints too but my income last year was seven times the median income for my home town. Do a little research to see how much that was.

    Oh yea. Quit messing around with mortgage inspection firms. They’re perfecting the CRAP code of conduct.

  8. Greg
    August 31st, 2007 @ 9:58 am

    Terry:

    I appreciate your input.
    Are the twenty-seven companies you list above
    still considered reputable?
    If so, I may be contacting some of them.
    I did fill out a complaint online with the BBB.
    As for writing representatives, attornies, and
    collection agencies I just don’t have the time.
    I suspect the people who run this scam know that.
    There is a property management comapany who hires
    field inspectors for local work in my area.
    However, they pay only five bucks per inspection
    (drive-by with two photos & a written report).
    After gas, taxes, etc. I might clear a buck or two
    for each inspection I do.
    Hardly worth it.
    Thanks for the info anyhow.
    Will check your companies listed above.

  9. Greg
    September 4th, 2007 @ 12:31 am

    Terry:

    I have recently stumbled across the field of
    property & casualty inspection.
    This goes slightly beyond the scope of your
    casual “drive-by” inspection but without the
    depth (and liability) of a complete home inspection.
    It would surmise that it parralels field inspection
    A state liscence is required (reciprocal in
    surrounding states) and thus encourages only
    those serious enough to do some homework.

    Essentially, one visits a home where some
    sort of misfortune has fallen (i.e.; fire,
    water, storm damage, etc.).
    One takes photos of ONLY the damaged portion(s)
    be it a house, car, boat, or whatever.
    The pics are e.mailed and a complete report
    then faxed to the company head office wherethen
    aquired by insurance agencies, attornies, etc.
    specifically involved with those properties.

    Each inspection takes about an hour and pays
    from $30 to $50 depending on what’s involved.
    Best of all you’re not working for some
    anonymous huckster a thousand miles away
    (who may, or may not, pay you).
    One has a physical office location where
    you report in after your assignments –
    and hence draw your paycheck.
    If you have your own PC, a digital camera, and
    a fax machine you can report in from home.
    You’re an independent contractor.

    There are no “start-up” or “registration” fees.
    You DO pay $100 for your state liscence AFTER
    you pass the exam.
    There are also some study materials to buy
    to get ready for said exam.
    There is a breif orientation (overview) of
    this field by the regional manager.
    I’m going to attend such an orientation
    later on this week.

    I’d like to get your take on this field.
    It pays much better than simple drive-by work.
    And the liscencing requirements weed out
    a lot of the competion.
    What do you think?…

    - Greg

  10. CF
    September 19th, 2007 @ 9:40 am

    I would like some information on working for insurance inspections. I have been running a mobile notary loan signing business for 4 years and my business is cut in half over the last 2 mos. I am jumping in “feet first” into the Field Serivce game. I have registered with some of the “big dogs” and have gotten 2 jobs, thus far, and know that more are to come. Please pass on this information. Thank you for your time! I have been reading your blog for about 1 month….you are great to share this information! If you give you will get 10 fold!

  11. Lenna & Wyatt
    October 17th, 2007 @ 6:18 pm

    Hello,

    We are new at this and have been trying so hard to find companys that will hire us. we have done this kind of field inspections work as sub contractors for another company for around 4 years it’s in our resume. we bought the expensive insurance. now what??? we have only had one rush inspection and thats it. do you know were or who I might write and send our resuem to that we can make a living? here are a few of what we offer.
    Delinquency Interviews
    Drive-by Inspections
    Insurance Inspections
    Commercial Inspections
    Occupancy Determination
    Rush Inspections

    Thank you
    Lenna

  12. Fran
    February 7th, 2008 @ 8:38 am

    It is a shame that companies don’t do what they say they will. I was hired to take ourside pictures of several homes in eastern PA back in Nov. Here it is Feb. and I never received payment. The company is CBC Innovis.

  13. Broker price opinion
    February 27th, 2008 @ 6:59 pm

    There is only about 30-40 companies that will give you lots of work.

  14. Deb Hickman
    March 15th, 2008 @ 6:37 pm

    Terry,

    I am a realtor in Nebraska and I do broker price opinions out of my home. I want to add Field Inspections to my business. Point me in the right direction. What do you Google or search for on the Internet? I live in rural Nebraska and if I can drive and get a few orders in a day instead of just one, I think I can make it profitable.

    I have done some Merchant Inspections for NVMS. Do you need any special certifications or e & o insurance?

    Any information would be helpful. Thank you.

  15. terry
    March 18th, 2008 @ 4:10 am

    Make a list of all the unique words and terms used in this business and search for those words and terms. It can be an involved process but often very rewarding.

    When you find a company’s web site that contains one of the words or terms, be sure to look at the links on that site and pay particular attention to mention of membership in any organization. Be sure to go to that organization’s site and look around. They often have a list of members which could be a gold mine for you.

    I’ve tried to save everyone a bunch of time with the web links at http://www.TheRepReport.com and the “Snoopers and Blabbers” there also. You may want to spend some time there to see just how valuable it can be once you figure out what “Snoopers and Blabbers” does.

    Mortgage Field Services is the only portion of the business requiring all the insurance. Strange – the least pay of all with the most demanding requirements!

    Snoopers and Blabbers is a trademark of Gulf Thunder Corporation.

  16. Virginia Garcia
    March 20th, 2008 @ 8:53 am

    Hello Terry

    I have been in the field service business a few years. I usually worked for other field service reps. Last year I aquired insurance loss inspections from Seers. Is there any other companies you would reccommend for insurance loss inspections I can contact.

    Thanks
    Virginia
    Miami, florida

  17. progressive realty
    July 28th, 2008 @ 4:11 pm

    progressive realty…

    Now is the time to invest in US property, Don’t abandon it, invest in it….

  18. Cathy
    July 29th, 2008 @ 6:57 am

    Cathy…

    I am very impressed with your site. The quality of the design and content makes it a real winner! Thanks again for a great site and a great resource on the net….

  19. sell my house
    April 25th, 2009 @ 7:14 am

    I was wondering if you could set up some sort of system so when your publish a new article, i get emailed to alert me? Or something like that.

  20. senorwillburr
    December 5th, 2009 @ 5:26 pm

    Terry,
    I have been looking into the list of companies you compiled.
    In their application pages there are required fields like Broker’s Licence # and Insurance Policy #.
    Are field service inspectors required to be Real Estate Brokers or work for one? Do they need to have insurance? What kind?
    I am in Florida and worked a few months for an local inspector. Now I am trying to start my own thing.
    Thanks for any advice and the list!
    Will

  21. terry
    December 23rd, 2009 @ 6:41 am

    Companies collect as much information as they can on field contractors in case they have need for additional services. In the case of the broker license, the company probably maintains a list of licensed brokers to contact for services that require a broker license – like BPO’s (broker price opinion). Yes, you are required by the companies to have E&O (errors and omissions) insurance. Find my email or phone on the contact page and contact me. I will tell you a few sources.

  22. MARVIN
    February 12th, 2010 @ 3:50 pm

    send any updated info about bpos and field inspection work…thanks…marvin powers

  23. terry
    June 30th, 2010 @ 2:05 am

    Most companies treat field reps as throw-away trash and do as they please since HUD looks the other way.

    You actually have the same two choices all field reps have had throughout the history of this business. You can let them walk all over you or you can try to implement change. I’m willing to bet that 99% of field inspectors have gone with the first choice which of course helps insure the longetivity of companies.

    What do you think? Is it fraud? If you have seven-year-old kids in a classroom and have them write something on a piece of paper and one of the kids decides to erase and change what another kid wrote before passing in on to the teacher all the kids would be suspicious. I don’t think we have to be too smart to figure this one out!

    Go to http://www.HUDWatch.us and tell your story. The stories are e-mailed to Congress.

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