Hey guys,  Lots of great questions on my How to Score REO's, go to www.thebankreolist.com and check that out.  I bought the list about a year ago and I think it was $50 bucks.  There were like 100 website and phone numbers to asset managers at banks.  It is well worth it.  Cost me less than a 1000 business cards.  If you are a motivated Realtor, you will make money on off that list.  Right now I would say 80% of my REO listings that I have came from that list in some fashion

 

BPO's BPO's BPO's that is the million dollar question.  I do not accept payment for them but I do like to do them.  Everyone complains about doing them.  I can tell you something else that has elevated my REO business.   go to www.thebankreolist.com and check that out.  I bought the list.  I think it was $50 bucks.  There were like 100 website and phone numbers to asset managers at banks.  It is well worth it.  Cost me less than a 1000 business cards.

 

$6500 worth of chesse on top of the Tax Credit is alot of money, however I am not sure how to sell this thing to move up buyers.  I dont get many move up buyers, it seems to be buyers that buyer unproforming assets from the bank or first time home buyers.  Do any realtors have any good marketing ideas out there to market to this demographic

 

Looks like this thing is going to get signed by the president, and they added a little cheese on top of it for move up buyers. Not quite sure how to market to move up buyers because most of them in that time frame are living with negitive equality on their homes.  I guess the pitch will be, the goverment just fave you 6500$ worth of equity. Any thoughts

 

I get asked all the time how to get REO's of course this is the million dollar question. REO's are not hard to get, however the people that have REO's IE asset managers, are hard to get. I can tell you that face to face is the best way. Dont be afraid to fly to Californina, or Texas to get in front of these people. Plane tickets are cheap... Cheapers that a page in the Homes and Land magazine!!!!

 

Showing Suite is an all-in-one real estate productivity software suite to help real estate agents, real estate teams, and real estate offices harness their full sales potential by automating time-consuming tasks to allow more focus on sales.  We use this system on our team and it is free for 30 days. I would reccomend it. It will take the place of a live assistant.

 

My best helpers have come from putting fliers in our local colleges looking for business interns. I use them for Runners, Sings, marketing stuff, computer stuff etc.  You will find that most business interns aspire to work for themselves, and love to work for people that can show them the ropes... Oh did I mention they are FREEEEEEEEEEEEEEEe

 

Minute Maid Cleaning Service has been doing Preservation work for me for my REO's.  They understand HUD Guidelines and have turned properties around really fast for me.  Lock changes, Trash out, winterizations, Cleaning, grass mowing... You can call them at 304-596-5967 or email them at minutemaidsllc@gmail.com

 

The Dream Team Has a short Sale Department.  If any realtors have a short sale out there that is driving them crazy send it to us and we will close and negioiate it.  We have about an 80% success rate right now.  We also have a garenteed Home sale program for your client. We have buyers waiting for short sales.  Contact us at htr3836@gmail.com if you have questions.

 

I have had a lot response on the You tube Videos. If you want to check out an example of one that we are doing, go to you tube and search for 103 louisiana Ave. You will kinda get an idea of what we are doing by looking at that.  We are getting better results by having an agent in the video, it makes it fell more professional and less like a boring virtual Tour.

 
 
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Andrew Johnson

Martinsburg, WV

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Hallmark Realty

Office Phone: (304) 267-1217

Cell Phone: (304) 283-0723

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