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  • Report:  #1269886

Complaint Review: Team Lear/LDG

Team Lear/LDG MJ Benson, Ethan Grant SCAM!!!!! Colorado Nationwide

  • Reported By:
    Carol — Palm Springs California USA
  • Submitted:
    Mon, November 23, 2015
  • Updated:
    Mon, November 30, 2015
  • Team Lear/LDG
    Nationwide
    USA
  • Phone:
    720-515-7037
  • Category:
    Realtors

I received a call from a person named MJ Benson from number 720-515-7037 x 229 early this morning.  I spoke with him at length and the property he wanted a BPO performed on was a legitmate property that finished a trustee deed sale recently so I thought that possibly this could be a real company.  I have attached the email he sent me while we were speaking on the phone below.  I am an experienced REO Broker in the state of CA.  I explained I have never had to pay a deposit to a company in order to get business.  I work with many banks and asset managers and do use platforms such as Res.net.  LEGITIMATE REO companies do not make you pay an up front deposit to get a listing.  Yes, many REO companies require the agent to handle utilities and trash out, CFK's, repairs, etc but this is only after there is a real property with a real lising agreement.   I checked out scam reports and obviously chose not to do business with this person/company.  There is a lot out there on this company in particular.  He called me back several times while I was in a meeting and then I was finally able to answer the phone  When I mentioned the scam reports he explained those people were not really working with the company and it's all lies.   

 

People like this need to be stopped!  There are agents out there that don't know any better and fall victim to this all the time.

 

If you want to see if someone calling is from a legitimate company, ask for their license number.  I asked this of this man that called me.  There was dead silence on the phone and then his response was "what difference does that make".  I said  that I am a broker, not an agent, of a company and that I would like to verify any person I do business with.  He didn't even know the difference between a broker and an agent.  A real asset manager for sure knows the difference!  If someone called and asked me for my license number, I would give it to them in a heartbeat.  He told me the company has a great BBB review in the state of Colorado.  I said that is wonderful but you are speaking to a person who does business in the state of California so I don't really care of your status in another state, I care about this state.  After I explained that I know my worth and if he really wanted to work with me then he could waive any upfront fees.  He then got angry with me and said "Since you never called me back earlier today, I wouldn't want to work with you anyway, you are rude for not returning calls and I will move on to the next agent."  (There was more said with him trying to berate me, but I think I am getting my point across here)  I then simply  said "Great, sounds good, thank you" and then hung up.  

It is very sad to have companies preying on people like this.!

 

PEOPLE AND COMPANIES SHOULD NOT BE ALLOWED TO CONTINUE WITH THESE TYPES OF SCAM!!!!!

 

Please note on the email there is no office location listed.  Every bank and asset manager I have ever dealt with has all their contact information and physical address on correspondance.  

 

BEWARE!!!

 

Team Lear is excited to work with you!

As a courtesy, we want to provide you with all the information you need to know in order to get off to a great start. Team Lear puts the most versatile online default disposition management software to work for you. In addition to providing you with knowledgeable staff, we cover the entire workflow cycle of the REO disposition process including:

 

  • Pre-Foreclosure
  • Property Preservation
  • Property Redemption
  • Homeowner Eviction
  • Per-listing Marketing
  • Property Listing
  • Transaction Closing
  • Post-Closing
  • Expense Tracking 
On our Agents:
     We seek out the highest quality agents to perform BPO's to, in turn; list, market and sell these properties. Team Lear has established relationships with lenders, putting our agents ahead of the competition in their service areas.  So, no more performing BPO's just to do BPO's!
 
On completing BPO assignments:
      All assignments must be completed within our software.  Team Lear ensures that all submitted assignments are completed accurately and up to industry standards, by way of professional overview. Complete with live-person feedback, we are here for you on each facet of the disposition process.  BPO requirements are as follows:
  • Digital Photos- Front, Side and Street View
  • Occupancy Report- Vacant or Occupied
  • Comparative Market Analysis- Provide information on 3 comparable properties within a 1 mile radius
On Team Lear's Guarantee:
We understand that Return On Investment is of the highest priority for our quality agents. Team Lear will provide you with at least 3 REO listing leads over the course of the next 12 months. In the event that the leads do not transpire into an REO listing; you reserve the right to request a refund of all fees paid. Simply notify us via email (within 30 days of the expiration of your 1 year membership) at info@teamlear.com
 
Team Lear has a return of deposit policy that stipulates the following:
 
Once your name is on MLS as the listing agent on the BPO(s) that you performed working with Team Lear, then your deposit will be returned back to you. Team Lear does ask for an upfront deposit of $449.00 as we handle and will be responsible for the following: Eviction, Cash for Keys ,Trash-outs, Utilities, Winterization/De-Winterization, Property repairs, along with any miscellaneous property management both interior and exterior.
Always consult your Asset Manager if you have any additional questions.
 
Thank you,
Ethan Grant
Director of Operations
 
 
 
Visit our site: eamlear.com
 
 
 Warmest Regards
MJ Benson
720-515-7037 ext 229

 

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