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I enjoy working with Wells Fargo and doing REO listings for them. Everything is done through their Internet portal and their system is very good. Doing REO's is a lot of work and sometimes I wonder why I like doing them. As an REO agent, you have to "front" a lot of your own money and then you get reimbursed, usually within 30 to 45 days. You need to put the utilities in your own name or your business name. You generally don't make as much commission as you would on a "normal" listing. You also need to pay for and
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