Special offer

Southern California Chapter of CRS Presents REO 101 and 102 in Oxnard California March 3rd and 17th in Ventura County

By
Real Estate Agent with eXp Realty of California, Inc. CA DRE #01490977

Southern California Chapter of CRS Presents REO 101 and 102 in Oxnard California 

Southern California CRSThere are two opportunities in Southern California to advance your learning and understanding of the REO market: to learn HOW to obtain more REO listings AND manage them. For only $99 per class (normally $149 per class), with the SoCal CRS sponsorship, you will learn from a local REO expert (Silver Lining Workshops) with hundreds of REO transactions under her belt. 

Here's some of what you will learn: 

REO 101: 

Topics covered included an Introduction to REO Market,  foreclosure and MLS Statistics, a 2-hour BPO Breakout Session, terminology, prospecting for REO accounts, preparation of an REO resume, web site creation, and tools and technology for successful REO prospecting for buyers and listings. 

The first and most important factor in learning any niche market is to learn how to become proficient as an expert in the field.  Market overview and statistical information coupled with proper preparation of an REO-specific resume and Broker Price Opinions (BPOs) is the key to securing new and additional REO accounts.  

Bonus Materials on CD include:

Sample REO Resumes, BPO and Prospecting Tracking Sheets, Sample Cost Estimator, Certificate of Attendance, and BPO/REO Registration List with over 300 entries

 

REO 102: 

The second part of this two part series begins with a review of the assignments given in the first workshop, and move on to the proper techniques needed to manage an active REO account and portfolio of properties.  On completion of both workshops an agent can expect that they will have the skill set needed to work in the REO market which is now expected to run for the next 5-10 years. 

Bonus Materials Include:

File Check List, 203K Rehab Loan Information and Flow Chart, Mandatory Disclosures, Postings, Repair Cost Estimators, Sample MLS Offer Addendum & Instructions, Fannie Mae Bonus List, Cash For Keys Sample Letter, Postings, Certificate of Attendance, Certification of Completion in CBRSTM Certification Program. 

REO 101 will be held on March 3at the Ventura County Coastal Association of REALTORS® in Oxnard CA from 9 am until 4 pm. 

REO 102 will be held on March 17at the Ventura County Coastal Association of REALTORS® in Oxnard CA from 9 am until 4 pm (Attendance at REO 101 is required for this class). 

Both classes will held in the Training Room at 2350 Wankel Way in Oxnard, CA.

REO Classes by C.J. Johnson

 Call our Reservation Hotline at 661-972-9642 to reserve your spot

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All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

Posted by

Jeff Dowler, CRS
Certified Residential Specialist / Realtor®


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Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

JEFF..How wonderful to receive a CRS designation and become an expert in these fields ..fantastic

HELPFULHANNAH

Feb 28, 2010 06:01 AM
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Jeff, thanks for the reminder that I need to bite the old bullet and take a couple of these.  I've not done a short sale or foreclosure yet.  Not that many in these parts, but it would still be very useful.

Feb 28, 2010 09:33 AM
Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

Sounds like a great opportunity and I am trying to get more transactions under my belt so I can get CRS (and take less classes!)

Feb 28, 2010 10:57 AM
Vic Steele
Vic Steele, Broker CA DRE 01349863 - Anaheim Hills, CA
Broker/Consultant

Jeff, do you genuinely think the CRS designation will get me REO listings?  I've been all the way to final approval with three lending institutions and I have not been approved by any of them because they "...don't need another Broker vendor."

I'm willing to drive up to Ventura to take the class because an REO listing inventory is all that is missing from my brokerage.

I'll rely on your response.

A referral is sending someone you care about to someone you trust! 

Valet Real Estate Services

Concierge Man Serves a Home

Vic Steele, Broker, CA DRE License No. 01349863

Valet Real Estate Services

571 N. Poplar, Suite H, Orange, CA  92868

Vic@SteeleGroup.net

Feb 28, 2010 12:11 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hannah - we are sponsoring the class but it is NOT an CRS class and does NOT count towasrd the designation.

Pat - and hopefully you wll not have to worry about it. Guess the government may not really have a grasp of what this REO and short sale market is like if there aren't many in DC.

Renee - keep plugging away. We'de love to have you as a CRS.

Vic -well the class, while sponsored by our Chapter, is NOT a CRS class and many folks who take the REO classes are NOT CRSs. Will having the CRS make a difference with the banks? Hmmm, I have my doubts. And it IS hard breaking into that space, although I have heard that more and more REOS agents are getting dropped and new ones added. The databasse that C.J. shares is a good way to advertise yourself for being able to do REOs. And you have to keep applying. You might want to call C.J. and talk to her personally before you go . There's a link to her profile on AR at the top of the article (REO expert).

Jeff

Feb 28, 2010 12:27 PM
Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Jeff, of course we have these same classes going on here and I recognize the importance especially now...just trying to schedule the time...thanks for the reminder.

Mar 02, 2010 07:05 AM