Team Lear, Denver, CO 80238, Nicole Murphy:***-***-**** ext. *** | nmurphy@teamlear.com This company charges a sign-up deposit of $440, refundable at the end of the calendar year, promising foreclosure listings. Denver Colorado

A Team Lear's Representative contacted me on January 6, introducing the company as an Asset Management company, hiring real estate professionals with asset servicing experience.

Since I am accredited in this field, I was interested and all of my questions were answered to my satisfaction.

When I was told that they require a deposit of $440, fully refundable at the end of the year, for the use of their proprietary software similar to Equator, the one most banks use to manage the asset inventory and communicate with Vendors, I did not think much of it, as Equator was even much higher, and generated no business.

I received my first assignment, spent my valuable time to compile and upload a BPO, then waited to receive the listing of the property. A month and a half later, I found out that it was listed as a short sale (not even an asset, managed by this company!), by another agent.

Naturally, called the company to require an explanation. Did not receive any. The communication was handled in disastrous manner by the representative, which made me look into the company. What I found out was a long list of complaints, and scam alerts. Wish I had checked Team Lear out before I decided to do business with them.

They must be stopped!