Altisource vendor network
Working Altisource
Conventional to bid into, with its own way of reporting payment: remittance advices arrive by email rather than as a spreadsheet.
Getting a bid approved
- 01
Write it the way you would write it anywhere
We have no evidence of Altisource behaving differently from the norm on bid wording, so the general rule applies: sentences not capitals, a measured quantity, the standard being breached, and a scope specific enough that it cannot be quietly reduced.
- 02
Photograph the quantity you are claiming
The most common reason a bid fails anywhere is that the line has no evidence attached to it specifically. A general gallery of the property does not support a specific claim.
Submitting and invoicing
- 01
Invoice references need unwinding in a set order
References carry suffixes that must be removed in a particular sequence, and some orders sit under an alternative prefixed form. Getting the order wrong makes genuine matches look like misses.
- 02
Match references exactly
Follow-up visits carry their own numbers, so a near-miss is usually a different visit rather than the same one. We leave a line unmatched rather than guess, because money on the wrong order is harder to unpick later.
Getting paid
- 01
Remittances arrive as email advices
Each advice covers one cheque, with the detail in the body of the message. The net column is the figure that ties to your bank, and negative lines are credits settled on the same advice.
In practice
Bid it like any other portal. The care goes into matching payments afterwards, which we handle from the emailed advices directly.
Other portals