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Training Agents Who SELL Your REO Properties....Most Don't "Get" It.

by REORockstars | Feb 2, 2017 | REO Articles, What's Working NOW in REO Articles

So yesterday I failed...Well, actually my staff failed but that means that ultimately I was responsible. Whew....got the self blame out of the way. Is it supposed to feel good to take responsibility or is it just the right thing to do? Who knows and WHO CARES! 😉...

(Lack of) SPEED KILLS! - A Useful REO Time Saving Tool that Instantly Gives You a 33% Boost!

by REORockstars | Dec 5, 2016 | REO Articles, REO Resources, Tools, What's Working NOW in REO Articles

Do you know the #1 killer of an REO business? No, it ain't strong competition bubba (gosh knows there's a gaping hole where THAT should be)! And it isn't bad luck either. It IS the in-ability of lazy, coffee-drinking, sit at their computer all day, whine and moan...

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...

Are You Inspecting the RIGHT REO Property? Practice Preliminary Diligence

by REORockstars | Sep 28, 2016 | REO Articles, What's Working NOW in REO Articles

Often an new REO assignment comes in the form of an email with an address and asks you to "check occupancy". A good practice is to reference the tax records for the subject property BEFORE you perform your initial inspection. Every once in a while you'll find that an...

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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