Don't know if you heard about it but there is a secret society in the real estate world right now that is hard to get into. That is the society of REOs (Bank Owned Properties).
How does one go about getting to represent the jewel that is REOs. With so many houses going back to the bank it seems like on every block there is at least 2 or 3 houses that are bank owned.
Ask any agent who gets to represent these REO properties and they will not tell you how they were able to get on the good list with the bank. It is like you have to have a secret hand shake or password to get in.
Most of the bank owned properties we have seen are just put on the MLS and no marketing done except maybe a sign in the yard . Then they stand by and watch the money roll in. Our company is willing to go above and beyond for these properties to get them sold fast.
We would love to break into this secret society. Any ideas how?
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