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How to get REO listings

By
Real Estate Agent with Keller Williams

I just returned from a conference in Grand Junction, Colorado.  CalREO, Atlantic/Pacific REO and Asset Valuation and Marketing put it on.  The three companies are affiliated, and hence they have the same point of view.  They understand that most of us are in a declining market and expect us to value properties accordingly.  I have to say I was impressed, I got a lot of useful information and I look forward to working with them.  They basically said "in not so many words" that if you were there (at the conference) you would get business from them.  It shows them you are serious about working with them AND you get an opportunity to shake hands and talk with the decision makers.  I have been signed up with them for a couple months now and got my first BPO request from them before I left the conference!  Now, most of California was represented there, Las Vegas, some parts of Texas, Ohio, South Carolina, Minnesota and Utah.  So, if you aren't in any of these areas (even if you are), I would sign up with all three companies.  And, the BIG thing is, if you get the opportunity to attend a conference, do your "due-diligence" and check out the companies, but try to go!  I firmly believe that I will get business from those companies and I networked with a lot of other agents that shared good info.  This is a "person-to-person", "build a relationship" industry.  So, GO TO A CONFERENCE!!!

As I receive information through the network I've established with these agents, I will share with you all.

   

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Comments (5)

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none3 - Arctic Bay, YN
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I have been signed up with and done BPO's for Asset Val for several months, but did not receive the invitation to go to the conference and when I did find out about it, it was too late for me to make arrangements.  From what I have read elsewhere it was a good conference to attend.  I hope I get invited for the next one and in the meantime be considered for REO's.
Dec 08, 2007 03:25 PM
John and Lisa Marker
RE/MAX Dream Properties - Northville, MI

Lowell,

Thanks for the valuable information. I have been told that the annual REO conference that was held in Texas this year was also quite good. I was just in Las Vegas last week where I attended the annual Hobbs and Herder Marketing Gateway. It was also excellent! I would like to do some business with these companies for sure. Any tips in this are would be appreciated.

 

Dec 09, 2007 06:35 AM
DANNY IBARRA
EXCELLENCE EMPIRE RE - Moreno Valley, CA

I WOULD LIKE TO KNOW IF ANYONE KNOWS ABOUT ANY COFERENCES IN SOUTHERN CALIFORNIA?? OR WERE I CAN GET INFO ON CENFERENCES?

 

 

THANKS

mrdany1@aol.com

Dec 11, 2007 01:05 AM
Universal REO
UniversalREO.com - Syracuse, NY

Indian Wells, CA typically hosts the REOMAC conference - a leader in the industry as far as organizations go.

 

www.REOMAC.com  

 

Here is the 2008 link to the brochure:

http://www.reomac.com/pdf/reomac-spring2008-firstlook-brochure.pdf 

 

Enjoy,

Dan


Dec 12, 2007 09:28 AM
Lowell Caro Jr.
Keller Williams - Las Vegas, NV
REO Broker and Market Advisor

You've got me covered all around Dan!  Thanks!  I plan to attend the REOMAC conference as well.

 John and Lisa - Thanks for the info on Hobbs and Herder!  I'll have to check into them.  I'm mad that I'm here in Vegas and didn't know about their conference.

Also, FYI for all...AssetVal, CalREO and AtPacREO are going to be holding another conference (this time in Florida).  It won't be free this time, but I believe it will be beneficial to your REO business if it's not too far for you.  Just keep it in mind.

Dec 19, 2007 06:15 PM