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REO Listings--Getting your foot in the door! Class in San Jose

T H E S A N T A C L A R A C O U N T Y A S S O C I A T I O N O F R E A L T O R S ® P R E S E N T S

Getting Your Foot in the Door!

REO Listings

Instructor: Bob Barrie

Are you interested in working the REO market and frustrated with the

lack of information on how to get started? If so, this is the class for you!

In this class you will get to the heart of the REO business, you will learn

how to get the BPO's, what forms to use, payment information, how to do

an occupancy check, handling utlitiies and general maintenance of the

property, marketing tips, handling offers, addendums, and much more!

Seminar Topics Include:

• Why do BPO's

• BPO's lead to REO listings

• How do you get the BPO

• Finding BPO companies

• General BPO Guidelines

• That first REO listing

• Cash for Keys, what is it and how it is done

• REO Pricing, what the Bank is looking for

• Maintaining the Listing and what you are

responsible for

• Handling the offers

• BPO Tips and Tricks

• Helpful Resources

January 13, 2009
9:00am - 12:00pm
$39.00 SCCAOR members; $55.00 non-member REALTORS®; $85.00 non-REALTORS®

Location: SCCAOR/1651 N. 1st Street, San Jose, CA Instructor: Bob Barrie

Go to the education page of the SCCAOR website at www.sccaor.com for a complete calendar of upcoming classes and enroll today!

Posted by Bob Barrie on 12/23/2008 05:28 PM

Comments (9)

REO in the Training Channel

reo bpo class

Post is included in group: San Jose Real Estate
Post is included in group: REO REALTORS
Post is included in group: REO
Post is included in group: Northern California Real Estate Professionals

9 Comments on REO Listings--Getting your foot in the door! Class in San Jose

DEC

Is this training pertinent to those of us that want to market commercial property REO's?

DEC

Evan,

This class will be for residential properties only.

DEC

Thanks. If you hear of anything on the commercial side, please let me know. I am already dealing heavily in commercial REO's, and want to absorb any new info, angles, etc. that I can.

Best of luck with your class.

DEC

Hi There,

Do you know of any seminars like this in South Carolina or Ga?

Thanks,

Cindy

JAN

Cindy,

I am sorry but I am not aware of any in other parts of the country.

JAN

BPO IS OKAY JUST TO MAKE SOME MONEY FOR GAS BUT IF YOUR INTENTION IS TO GET REO LISTINGS FORGET IT. I HAVE DONE ABOUT 1000 BPO SOME FOR BPO MILLS AND SOME FOR ASSET MANAGERS BUT NADA, NONE, NO REO. WE ARE JUST BPO SLAVES. BPO SLAVES NO REO. WE ARE BEING TAKEN ADVANTAGE OF BY THESE ASSET MANAGERS BUT THE REALITY IS THE % OF YOU GETTING REO IS NIL OR 0%. DO SOME OTHER PRODUCTIVE THINGS LIKE GET MORE BUYERS, FARM YOUR SPHERE, DO MORE INTERNET ADVERTISING. THE AMOUNT OF ENERGY YOU SPEND IN DOING BPO'S ARE NOT WORTH IT. BELIEVE ME.

Wow a 1000 BPOs and no listings! First stop doing them for the mills. Second you need to be talking to the valuation managers that you have hopefully built up a good relation with and ask them to recommend you to the REO side. I have done this and it does work.

APR

Hi, Bob,

Good information. Do you do training in Southern California? Or, do you do trainging vis web or mailing?

Terry Tung

Terry,

I'm not teaching in So Cal or by mail or web.

I will be theaching this class in San Jose on June 4th at the Santa Clara County Association of Realtors.

Bob B.

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