Does KARMA Know REO?

Real Estate Agent with Home Sales Associates - RE/MAX Realty Team 3207403

I'm sure that I'm not alone in my thoughts and that this is going on in more places than just SW Florida but it bothers me more and more. What is it? The REO agent's that just don't seem to do their assets justice.


I pride myself in my work. I treat REO listings the same as a traditional listing. They get equal attention (most of the time more). They get the same amount of advertising, the MLS description is written to SELL the property and I always have a multitude of pictures of the property. Signs are placed on the property immediately and someone is always available to answer questions about the property.


On the other hand, I see BIG REO agents in my area that just don't appear to be putting any pride into their work. You have agents that put only one photo of the property into the MLS.....and that pic? came directly from the tax assessor's website, so they didn't even bother to go out and take a photo themselves. There is one agent in the area that takes a picture of the inside of the toilet bowl and puts it in every one of his listings. And oh, some of the MLS descriptions! "Bank Owned Property" .....that took a lot of thought!


We all know how difficult it is to break into the REO business. It is very aggravating to know that I would do the best possible job for these companies if I had their listings yet I see these other agents that just don't seem to appreciate what they have.


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Deborah Byron Leffler BzyBee Real Estate Lady!
Keller Williams Realty Boise - Nampa, ID

Robin...I have the same complaints in my area!    I wonder what the heck!!!   And when you call with specific questions on the property they can't even answer them...if they answer their phones!   aarrrrgghhhh

Mar 16, 2010 04:36 AM #1
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

I list a lot of REO's and, like you, they get the full blown marketing treatment.

Anything less is a disservice to your client.

Well done with this post Robin!


Mar 16, 2010 04:47 AM #2
Mike Wilbur
Guild Mortgage Company and Oregon Homes For Heroes - Salem, OR

It does not matter what business you are in you should always give your best.  Eventually you will rise to the top and you will have those listings if you keep doing what you are doing.  Have a great day!

Mar 16, 2010 05:10 AM #3
Susan Milner
Florida Future Realty, Inc. - Cape Coral, FL
Cape Coral Real Estate Broker, FloridaFutureAgents

So very true Robin. Good for you for doing it right! Maybe eventually the banks will start to take notice.

Mar 28, 2010 02:59 AM #4
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Robin Whitt

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