Join Date: Apr 2013
Thanked 78 Times in 44 Posts
Ah. Unless you are a mom and pop operation, with very little overheard, you won't make money doing Safeguard REO. I'm not an REO vendor, I'm a P&P vendor. I do know that Safeguard won't reimburse you for equipment rental. As far as them cutting bids, first send them an email saying you won't do it for that price, because a cut bid is no longer your bid, it's their bid. And don't give in either. All you can do on adjustments is escalate them until you find a person with half a brain. I know this doesn't help much but, whoever told you they would reimburse for equipment rental was lying.