Hi ,
I am in the process of receiving equator training and the only options are paid options where I can choose between two designations. One is 60 dollars and the other one is over 400 dollars. I am not interested so much in designations as much as I am interested in being able to effectively use Equator.
Can you please share with me if you received certification with Equator and training and how the training was or was not helpful to you as well as did certifications add any extra business?
Also I noticed that we can sign up for nominal fee for certain zip codes. Has anyone found this beneficial or was it waste of money?
Thank you in advance for your answers
Natalie Arndt BS MA
CDPE
RE/MAX PREMIERE REALTORS
3701 San Mateo Blvd NE
Albuquerque NM 87110
nmhomesbynatalie.com
505 615-0158
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Thank you Cindy.
Hi Natalie,
I can tell you for certain that I have no busines coming out of paying for zip codes. The price is low enough for someone to say "Wow, I can sign up for 10 different zip codes for a few dollars a month!" and with the idea that thousands and thousands of agents have signed up for this, well, you get the picture. It is a steady monthly bank roll for the Equator group.
Keith Maahs
Coldwell Banker
Minnesota
Thank you Keith.
I too have been on Equator since the beginning and have not paid for classes. I have paid for Zip Codes, which worked out well in the beginning but like everything now has completely dried up.
I ran a quick study last year on the Zip Codes BEFORE they hid the results for BPO requests, 64% of the zip codes I was paying for had no results at all in a six month period. Which means 64% of my investment was a waste and I had to produce 4 BPO's just to break even (including my gas, time to travel, zip costs, etc). All I will say is I stopped it immediately. If you're not seasoned in there you won't get any BPO's and even so they all come out at between 10:01-10:04 am ET (or 7:01-7:04 PT - which is where they originate). Which I don't get anyhow. The banking centers are in Charlotte and New York and all these requests come out of California, mostly brokerages turned asset manager, turned crook in many cases. The only place their certifications matter is inside there and unless you pay out several hundred dollars annually you'll never know and that's called gambling.
Secondary note, I hate Equator with a passion. It is a horrible platform to perform Short Sales within, since it was designed to operate for REO's, as evidenced that the only listings that can be posted in the sales area are REO's. Someone paid someone off to get those contracts. It's slow, it's archaic at best, it's totally limited and certainly is not user friendly or designed for us, just the lenders, although they want us to pay for expensive useless "training".
Save the coin and buy silver with it instead.
I declined to do BPO's in the past because they are waste of my . I am very particular what clients are take on also.
Thank you for your share.
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