The scorecards are out for Bank of America’s REO agents, and I got whacked again, achieving a score of 80, out of a possible 95, for the three closings between November and January.
My sales price-to-last BPO was 107%, so they deducted 5 points, and my average market time was 8 days when the goal for list date-to-accepted offer is 39 days for the state. Ten points off for that sub-standard work.
But in spite of that performance, they keep me hanging around – perhaps they’ll need all hands on deck in the coming months? The REO tsunami/trickle spewed another listing my way today, a condo in Oceanside worth about a buck and a half. I expect more of the same – an overall increase REO listings coming to market, but none too special.