by REORockstars | Nov 11, 2016 | REO Resources
It is extremely critical that you have the right information and good resources for insights into the REO industry. I for one am a big fan of one of a particular author's sayings: "Know everything about what you are doing". Two resources truly stand out for me: DS...
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...
by REORockstars | Oct 4, 2016 | REO Articles, What's Working NOW in REO Articles
I guess if you're into a lot of cruel self-punishment and are too spineless to get out there and get yourself some face time with Asset Managers then your answer might be NO....but if you want to be an REO Rockstar then you'll delete every damn fee-based BPO request...
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...
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...