Posts Tagged ‘Reo Properties’

Coaching Call 04-28-2011 - Shadow Inventory: Mystery REVEALED

So why are you hearing about the record numbers of foreclosures every month, but the flow hitting the market sometimes stalls to a halt? On this call, you will learn about one of the big hold-ups that delays the release of REO properties. Not to worry. This is part of the typical ebb and flow of foreclosure inventory, as banks look for solutions to improve their books. The properties ALWAYS make it to the market eventually! Join the forum discussion on this post

 

Do REO Listing Agents "SWIPE" All the Best Deals While Your Offers Get REJECTED? Tricks REVEALED!

Short answer: No. At least not usually.

You know, there always seems to be this "buzz" in the air that somehow REO brokers make it IMPOSSIBLE for "outside" brokers to get offers accepted on good homes. Many brokers, who write offer after offer, only to have them constantly rejected, believe that the listing agents just scoop up the best stuff before ever giving anyone else a chance. But are REO brokers so full of luck that they always have a nest of ready and willing buyers waiting to swarm in on the sweet stuff like a cloud of hungry bees? Not likely. So how does the hot stuff seem to disappear from the market as quickly as it materialized? Well, from an insider's standpoint, I'll tell you...

 

Want to Sell REO properties? Here's 1 Quick & Easy Way to Cut in Line...

If you haven't already taken advantage of "Uncensored REO Secrets" then invest in your copy today. It's the simplest and easiest way to discover how to jump into the business of selling bank-owned homes. As a result of the most common questions that I get from coaching members and other aspiring REO brokers that I frequently meet, I put this quick little "blueprint" together, that outlines the most critical steps that you'll need to take, and the most deadly pitfalls that you MUST avoid, in order to start getting assignments from banks and asset management companies.

 

Why the Big Banks set the Standards in the REO World

The more you truly understand the big banks, the easier it becomes to understand why other financial institutions MUST follow their lead. There's such a HUGE difference in the way that many banks, financial institutions and investors who own REO properties operate when it comes to disposing of assets. There's those of them who are very content to simply assess the "as-is" values and to put them right up on the market, at a price that's likely to "blow them out" to investors. There's those who do the short list of "necessary" repairs and hope to gain a somewhat higher sales price. And then there's the big banks, the benchmarks of the industry.

 

Top 3 Ways that Brokers Get REO Listings...and the 1 Deadly Sin You Should NOT Commit!

I frequently discuss different strategies, that REO brokers can use, to get REO listings, on REO Rockstars calls. And because we're dead smack at the onset of home selling season, I thought I'd take just a quick minute, to share 3 of the best ways to get bank owned properties (even though some of you THICK HEADED agents may have been too lazy to sit in on my last one hour FREE REO coaching call ;-) . So here's the "lazy man's" way to cut in line and get your pipeline of foreclosure listings filled right up.

 

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