Posts Tagged ‘Pay Attention’
Secrets of BIG REO Brokers
The REO business is really something that amazes me at times. I look around and I wonder "how does this guy (or girl) stay in business" ALL the time. I'm always visiting properties and seeing windows and doors unsecured, obvious vandalism occurring and not being noticed, unattended roof leaks...and on an on. It is very easy to see why Asset Managers get so upset with brokers who don't pay attention to their properties. It seems as if brokers just say "well my clients are out of state so they'll never know if I don't visit my properties every month"....BS!
A "SMOKIN'" Reason to Inspect Your REO Properties Regularly
I have never been a fan of people who teach "shortcuts". You know, some people like to paint the "dream" of getting rich in real estate by making things sound effortless and too good to be true. Well, I'm telling you first hand that it's the HARD WORK and attentiveness that you put into your REO business that will quickly propel you into the upper spectrum of income earners in the business. I know so many people who think it's "o.k" to periodically skip inspections on their vacant properties once they have determined that no one is living in the home and there's no personal property remaining. They think that it's not going to matter whether vandalism is reported 7 days after it's discovered or 14 or even 30 days later. I mean, "no one is going to know the difference right?" WRONG! You should always, 1000% of the time, visit your properties as directed by your client. Watch this video and think about what would have happened if I waited for the smoke to clear before reporting this? You think my client might have thought I wasn't on top of my homes if I didn't report THIS for a month? You judge...
