I joined this company as a "HRC" with the intention of establishing myself with them in order to obtain some of their REO business. The problem is that they have no REO business! The "leads" are to contact homeowners on their behalf, most of whom have abandoned their homes long ago, with no forwarding address. In order to "complete" an assignment, the HRC (realtor) must make 3 face to face attempts - 2 of which must be after 5pm or on weekends...........you can see how well that works! The maximum payment IF the homeowner agrees to complete the assignement with you, is $55 - most of tiem time, you receive minimum payment of $20 - I have found that the assignments that Titanium receives from their clients are those that are all but impossible to complete.They are very proactive at soliciting their HRC's for short sale business for their short sale department. But they are unable to provide the anticipated REO business. Hope that helps!
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I signed up with Titanium a few years ago hoping it would bring in some listings - I got only one. Since then I have narrowed down the areas - zip codes - to work with. I'm getting 2 or 4 assignments/month, it's mainly to help the homeowners. They have cut down on compensation and are now asking DOB as part of the assignment completion which I don't like at all. Never received REO business, had one short sale listing (as a result of the HRC assignment) with a 25/75 split, less my split with the brokerage and made hardly any money. But it helped the homeowner, prevented foreclosure, and it felt good.
Hello HRCs and agents!
We have revamped and streamlined our short sale department. We're handling short sales again here in Salt Lake City. Please see the attachments regarding our short sale program and a limited time referral bonus!
Feel free to email ([email protected]) or call me directly at 801-746-6701 with any questions or concerns.
Thank you, and I look forward to working with you!
Kellie
Gee, thanks for that Kellie... Ill have to jump right on that!
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