Ar_home_b_search
 

Every year at this time I have to sit down and think about what to spend my REO budget on again. RES.Net & reotrans (now equator), and web sites are always at the top of my list but there are TONS of other sites and some look good but I don't have enough feedback to make an informed decision. Others looked good last year but didn't make the cut in production so I won't buy those again.  Many are affiliates (read: owned by) the banks, asset managers & other interrelated companies and others lead to bpo business only and nary an REO in sight. What to do?? It's easy to spend a fortune and our budgets need to be targeted to produce results. 

I'd love to hear what the rest of you are budgeting for this year and what companies are producing the best results. I haven't tried Lamco before and would like to hear from anyone who is with them. They've been at it a long time and have just come out with a new platform that is supposed to be good. Feedback please, how is your money working for you - I'd love to know your stories!

Happy Closings in 2010 ;)

 
Posted by chris oliver on 01/04/2010 11:54 AM   Comments (9)   REO Budgets in the ActiveRain Channel   reo agents, reo, budgets, platforms, restnet, web sites, money  
Generate short URL

Where have the Appraisals gone?
chris oliver (Century 21, Minchey Properties)
I got my pricing back on a listing the other day in what was record time. Speaking to a couple of friends of mine in this market this isn't isolated and they are coming back much more rapidly and right on the bpo price. To the penny. It got me…
Buyers Agent - Where's the Nar updates for foreclosures??
chris oliver (Century 21, Minchey Properties)
There's absolutely no doubt that the ABR designation is a very valuable one that the NAR and all realtors recognize. These are changing times though. As an agent doing a good many REOs both as listing and selling agent I see both sides. The…
Latest update for the Lake Oconee Area
chris oliver (Century 21, Minchey Properties)
Hello again Trendwatchers, As the attached spreadsheets will show you it is proving to be a lackluster year for sales here on Oconee and Sinclair. This is certainly not news. While there is now some evidence of stabilization in the hardest hit…
Who's your Daddy?? (or your seller)
chris oliver (Century 21, Minchey Properties)
I don't know of a single agent who would call you about one of your listings and ask "Who's your seller? Why is it then that so many agents feel perfectly comfortable calling an REO agent about a foreclosure asking "Who's your bank? " It didn't…
Lake Oconee Trends - Come get a Condo.
chris oliver (Century 21, Minchey Properties)
Hi Trendwatchers, Time for an update. As I'm sure you know, it continues to be a slow market here on Oconee and things have dropped on Sinclair as well. So far by the end of April, there were a total of 13 lake homes sold in the Oconee area mls…
What part of AS-IS.......the flip side of the deal.
chris oliver (Century 21, Minchey Properties)
My post about what part of as-is don't you understand got some very good responses regarding the difficulty we all occasionally have getting clients to really understand that the bank doesn't want to do anything at all to the property. There is a…
Lake Oconee Trends - What's up in Middle Georgia's Lake Country
chris oliver (Century 21, Minchey Properties)
Hi Trendwatchers, You haven't heard from me for a bit because there really hasn't been much to say. Inventory has stayed high, prices have dropped and the mortgage market has been a mess. As anyone who has read a paper, the internet or turned on…
BPOs They're getting cheaper-How about yours??
chris oliver (Century 21, Minchey Properties)
I do a fair amount of BPOs in my area and have about 20 companies I deal with most frequently. Lately, I noticed that some providers are reducing their offered payments for these. Some have gone as low as $45 which scarcely makes it worth the time…
What part of AS-IS don't you understand???
chris oliver (Century 21, Minchey Properties)
I do a good bit with REO properties as well as relocations and as anyone who has ever worked these knows, they are always sold AS-IS. These are pretty much the first words out of my mouth when I show an REO to a client or even tell them about one…
 

chris oliver

Reynolds Plantation, GA

More about me…

Century 21, Minchey Properties

Address: 994 Lake Oconee Parkway, Eatonton, Ga, 31024

Office Phone: (706) 485-1056

Cell Phone: (404) 731-7025

Email Me

Property trends from Lake Oconee & Lake Sinclair Georgia.


Links

Archives

RSS 2.0 Feed for this blog