So while this is an older post, I am simply baffled by some of the comments. Some of you are jerks! When the crash happened, nobody was buying anything. I decided I was going to eat and pay bills regardless! So, I signed up for BPOs. I worked mostly for ServiceLink (and a few others I didn't like at all); I became the #1 BPO provider to them for two years in Denver, but I did also do Boulder and CO Springs. Yes, those were the harshest two years of my life, I slept two hours a night at times, and yes, I did have TWO assistants. I signed up for up to 30 orders per 24/hr period, not realizing that I signed up for 30 order PER COUNTY......and after having done a few here and there for the first two weeks, one night the emails started coming in.... at midnight they FINALLY stopped, I was sitting in front of my laptop in tears. 30 orders from 5 counties were in my inbox....one by one! This is where you call your colleagues and get things moving! It was like closing a deal a month in a horrible market after we split the check. We made money, it was consistent, my rep was amazing to work with and I would do it all over again if I had to. Don't degrade people for working, some of you sound so ignorant! I have completed almost 7,000 BPOs, was asked to move to AZ or FL with my team. I didn't move, I wasn't trying to make BPOs a career, it was a means to an end. Now, I was also glad to end it, it was hard work, long hours, and in the end, ServiceLink went to India for their QC people. That was it for me, after two years of MINIMAL rejections, these people who knew NOTHING about BPOs were going to destroy my rating, so I quit.
In the end, if you need the money, DO IT! It's work in your field, it's educational and it's money in your pocket. BUT, if you are doing it to get REOs, good luck with that!