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  • I did about 2 years ago.  I signed up and was assigned my first 5 "pre-qualified leads."  NOT!  There is a ridiculous amount of calling, door-knocking, and minimum number of follow ups.  It was a complete waste of time.  They had definately NOT been pre-qualified.  The Co. also want to know if another agent already has it listed and you have to give them the info..they use you to qualify their leads!  Gong!

  • Ok, so I just got a call today from DTS.  He didn't specifically mention it was any way to GET leads, but just a way they process the short sales.  I'm still not finding any direct correlation between them and B of A as he seemed to insinuate several times.  Is this just a third party negotiating company trying to sound more entrenched into B of A than they really are? Or has anyone determined this is a real deal ?  They really do get paid by B of A?  

    • Hey Catherine,

      I have recieved over 100 "leads" from DTS. They are a 3rd party working w BoA. I believe they r now doing the processing thing. I have closed a few from leads they gave me. They do have a relationship w BoA. I have not given them any deals I would not have gotten wo them. Some of the processors r great some not so much.

      • Sorry all, I haven't posted on here in a while so I thought I would give an update on how things are going.  Got about 3, about to be 4, listings from these leads.  My success ratio has been about 10% with leads to listings.  They are by far the smoothest short sales I have done and 2 of them also had 2nd liens. 

        Although I would like for the incentive to be higher which in my opinion would increase the listing/lead ratio.  Also, they are not only giving these leads to RE/MAX agents.  I have talked to a few other brokerages who are getting them as well.  And we even have to have the homeowner sign a form that says they are aware they can list with any other agent out there.  I have unfortunately lost 2 listings because they went with someone else so it is not all roses.

  • I'm working with this program and am very satisfied with the assignments that I have received and the amount of business that I have generated.The Transition Dignified Solutions staff is very professional, friendly and fair.

    • Desiree,  Where is the sign up for this,  they say on their site they dont solicit for agents...

      How did you get signed up for them and is there a sign up fee..

       

      Please advise.

       

      Todd Schroth

      Re/Max Central

      • Robert, They were the ones who contacted me.

        • Update - I contacted DTS and they sent me an application - anyone can get DTS leads.  At the moment I've just been too busy and haven't sent it back.  I'd prefer finding my own more motivated short sale sellers.

  • Can someone explain to me how its not anti-trust that DTS/BOA are only giving these leads to Remax agents?  I would love to sign up with DTS but there does not seem to be a place to do it.

  • Hi Thomas,

    My husband and I just both started working with the DTS for BofA program.  It's too soon to tell, but am very curious to see how this pans out. Just took out first listing and should have the BPO (i.e. the sales price) in a few days so we can list it on the MLS. Hope it's spot on and really not sure what to make of the fact that we only have 120 days to sell at their set price. We're thinking there must be some flexibility in there somewhere ... ??

    So we just had the one lead which we listed but then we just were flooded with 25 requests on Friday and they are almost all VERY low-end properties with approximate values of $60K or a lot less and maybe 2 at $100K.  While I'd love to save the world, with all of their door knocking/call requirements within the first few days, we're still on the fence about if this makes good business sense for us.

    A short sale is massive work as you know and the benefits of lisitng a bunch of low end properties we know won't outweigh the cost - unless the process truly is streamlined?  Or, unless, one has to "earn" their way up the totem pole within DTS do you think to get potential listings where one could actually earn a living?  Or if it's good to just have this experience with DTS on one's resume?  Curious as to your hunches or knowledge about that?

    How it's working out for you since your last post?

    Thanks much.

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