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Secrets of BIG REO Brokers

by REORockstars | Mar 12, 2017 | REO Articles, What's Working NOW in REO Articles

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...

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

by REORockstars | Mar 10, 2017 | REO Articles, What's Working NOW in REO Articles

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...

How to Deal with Corruption in REO

by REORockstars | Nov 25, 2016 | REO Articles, What's Working NOW in REO Articles

Did I say CORRUPTION?!!! You bet I did! If you've been selling bank foreclosures as an REO broker for any length of time, you've undoubtedly run into a "proposal" that smelled "fishy", didn't seem right, or just kinda made you go "hhhhmmmmmm".... It seems that around...

CHEATING on Utilities..You LOSE!

by REORockstars | Oct 6, 2016 | REO Articles, What's Working NOW in REO Articles

OK so "floating" costs for REOs can be REALLY expensive, but it is a necessary evil and you need to be able to handle your responsibilities or you need to get out before you are FORCED out! I know far too many brokers who wait until contract time before they get their...

A Quick Fix for Drywall Discoloration in REO Properties for Sale

by REORockstars | Sep 15, 2016 | REO Rockstar Videos

This is an oldie but a goodie. Enjoy! It is quite common to find discoloration caused by water intrusion in abandoned foreclosure listings. Depending on the price and condition of the property, your client may choose to repair and replace or simply find a more...
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