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Anyone who has done bpos for brokerpriceopinion.com (or any other bpo company) and has not been paid for bpo services rendered needs to speak up and report them; first, to the Colorado Better Business Bureau, second, to the Colorado Attorney General's office, and third, to NABPOP. I am in battle to get paid and have filed complaints with the above mentioned. If enough complaints are made, we can stop them from this type of business practice of not paying agents. I strongly encourage all agents to file complaints and have your data ready of jobs completed. I have been told by them through the BBB that I will be paid, but I have not received full payment yet. They did agree to pay me only after I complained to BBB in installment checks cut biweekly, but I have only seen one check and that was in December 2010. They still owe me quite a bit of money. They simply told me before I complained that they did not have the moeny to pay me and they didn't know when they would have it. They also told me that they were expecting an investor to come above with funds and at that time would be able to pay. Think about it: what investor would invest in a company that has BBB complaints against it? If you do not report them, they will continue to not pay agents for bpos. I've seen they've been doing this since 2004. NABPOP can certainly help stop them, if not report them to the banks who are using them for the bpos, to stop using them for bpos. If they continue with nonpayment for services rendered, they need to be put out of business.
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I have also done many bpos and have yet to see a check at this time. Who is actually in charge of this company because they probably need to look for someone else.
No one should do any work for this company. I completed several broker price opinion assignments for this company. They don't pay for the services provided. They appear to be quite skilled in playing a game with the BBB system. They make false claims about their willingness to pay the outstanding debts, but then set a timeline that is multiple weeks out that they don't meet. Ironically they called me to inform me that they will start a payment plan to settle the debt. I was utterly insulted that such a call would even be made. If they were an ethical company they would overnight a check to clear the debt and apologize for the confusion. I viewed the call as a deliberate taunt by the company to poke me after I reactivated my BBB complaint with the Denver office. In my conversation with the local BBB they indicated that this company had hundreds of complaints and they were aware of their business practices. It is unfortunate that the local authorities allow an unethical company operate freely with in their community. The financial institutions that use this vendor should know how they operate and consider why they are continuing to do business with them.