I am trying to adjust my business to the current market. Because the amount of REO's coming on the market are projected to increase in the Phoenix area before they start declining, I am researching this niche.

I just attended a "Free REO Seminar" and within 15 minutes I felt like I signed up for an infomercial. The majority of the seminar was spent with the sponsor trying to get the attendees to enroll in a program costing around $100 a month over a 12 month period and they would provide coaching and a list with over 500 Risk Managements Companies.  So much for the "Free Seminar".

I just wanted some feedback from agents who are listing REO properties - it is necessary to pay fees in order to get into this market?  If so, is there a 'standard' cost.  Any suggestions or comments would be greatly appreciated. 

I am currently working with a foreign investor as a buyers agent. The  offers my clients are submitting are extremely low in regards to the listing price. I provide comps on the properties but they continue to be unreal with their offers. Just wondered if anyone else is experiencing this same scenario, and if so, did you continue to work with the client or move on? Thanks