REOTrans is a comprehensive system to manage and sell default and REO properties - and its popularity is only increasing. If you haven't signed up to become a member of REOTrans by now, you should be asking yourself if you're missing out on an opportunity for income potential in this tough market.

REOTrans allows agents, lenders and vendors to communicate effectively, collaborate on task lists, store and share property files and images...all with the end goal of selling REO properties. Agents can try to get BPOs, and hopefully the listings, which of course are tough to get, depending on your market and how many agents you are competing with within the REOTrans system. The technology of this system is amazing...but with amazing, sometimes comes confusion and that "deer in the headlights" syndrome.

When one of my clients first started using the system and was asked by one of the Asset Managers within the system to upload a file to the "library", she was so overwhelmed to the point that she emailed me a couple of days after I had taken care of it for her, and let me know that if it hadn't been for my assistance she was about to go down to our local "library" and ask them how she was to go about doing what the Asset Manager asked of her. This agent isn't a dumb agent, her team is one of the top investment property teams in her area, but to learn this system and get things done according to the timeline specified by the Asset Managers in her control panel seemed an especially daunting task to her...and it took valuable time away from working on her listings.

This scenario illustrates how everyone doesn't have to be good at everything to succeed. It doesn't matter how you work within the REOTrans.com system, directly or through your Real Estate Virtual Assistant (REVA), all that matters is that you sign up, get involved and get every ounce of potential out of your real estate career possible. You hear lots of people talking about the real estate industry being dead right now, it's not dead, it's just changing and going through its cycle - but if you don't change with it, your career may be dead. Check out REOTrans.com and see if your area has enough activity to warrant getting involved, I'm betting it does. And if you don't have the time or inclination to learn a new system right now, much less maintain it daily, partner with a Real Estate VA to get the job done and harness the income benefits received.

To find a Real Estate Virtual Assistant to help you with REOTrans.com, simply contact me directly, or go to the Virtual Assistance Chamber of Commerce's RFP Center and submit a request for a REVA familiar with REOTrans to contact you. I have contacted REOTrans directly and asked them about the possibility of starting a certification program on their system for Virtual Assistants or simply posting a page with links to REVAs who are familiar with working within REOTrans. I will post any updates from them on this as they arise.

(All logos and trademarks used in this post are the sole property of their owners, there is no affiliation express or implied between them and myself.)