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California Realtors: How To List REOs | Fannie Mae Sign Up Info

Reblogger
Real Estate Agent with Keller Williams Capital Partners Realty 277320

This is GREAT news for Realtors in California who want to do REOs for Fannie Mae. Thanks to Tim and Julie for providing us with great information on REOs and short sales

Original content by Tim and Julie Harris

California Association of Realtors is letting members know that Fannie Mae WANTS YOU!

(This is a good thing)

If you are a California Realtor and want to become a FANNIE MAE Listing Agent…here is the new revised…first step:

Dear C.A.R. Member;

Fannie Mae Official with Tim and Julie

Fannie Mae has asked the CALIFORNIA ASSOCIATION OF REALTORS® to inform you that it is revamping its process for brokers to become Fannie Mae REO listing brokers.

Below are the Fannie Mae instructions on how brokers may apply to become a listing broker.

How to register:
All of the following information must be returned directly to Fannie Mae via e-mail in order to receive an application:

  • Name of the branch office
  • Indication if the branch office has a Fannie Mae SAP ID and password (Y/N, indicate “N” if you are unsure)
  • Branch office Tax ID Number
  • Name of the broker of record or managing broker of the branch office
  • Name of primary point of contact (primary contact should be broker of record or his/her designate)
  • Email address for primary contact
  • Phone number of primary contact
  • Counties where the branch office manages and sells real estate
  • Diverse classification, if applicable
California Agents: For the Direct Fannie Mae Sign Up Links Go Here NOW!

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Comments (6)

Rama Mehra
Asante Realty - San Ramon, CA
TOP 1% REALTOR IN THE TRI-VALLEY

Thanks for the information. I will give it a shot but with the influx of EVERY agent wanting to be an REO agent, it is very tough to break into this market.

Sep 22, 2010 07:08 PM
Rama Mehra
Asante Realty - San Ramon, CA
TOP 1% REALTOR IN THE TRI-VALLEY

Oh BTW- I love Tim and Julie !!!! I just saw their pic and I just finished my one year with them. Are you getting your designation with them?

Sep 22, 2010 07:10 PM
Patty Luther
RE/MAX Rock-n-Roll Realty - Lewiston, ID
Lewiston ID Real Estate, Idaho-Washington

I was just recruited by Fannie Mae and officially got hooked up with them in my area... they must of heard about me from other Asset managers.... I am happy to be on board with them.

Sep 22, 2010 07:12 PM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Thank you I missed the origional post and will follow up on this.

Sep 22, 2010 07:14 PM
Rama Mehra
Asante Realty - San Ramon, CA
TOP 1% REALTOR IN THE TRI-VALLEY

Patty, do you have to be a broker or can I do it as an agent too?

Sep 22, 2010 07:18 PM
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

Wow lots of interest from California agents wanting to do REO's!!!

Sep 22, 2010 07:43 PM