Hi, I'm trying to obtain REO listings. Have done some BPO's within the past 12 months. Can some one give me an idia how to obtain my first REO listing.
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ERA Herman Group Real Estate - Monument, CO
ABR, ASP, GRI, SFR
Keller Williams Realty Cupertino - Cupertino, CA
CRS, CDPE (408) 799-8887
Hi,
I heard if you can find someone introduce you to someone in bank or asset manager that will be quicker.
ONe of my friend my our area..he did 400 BPO and get 5 listings. Numbers game.
Aug 02, 2008 05:26 AM
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner
Hello Thomas,
Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!
-Keith
Aug 02, 2008 06:26 AM
Crye-Leike (Sango) - Clarksville, TN
Real Estate Professionals - Clarksville TN
I too am trying to get my foot in the door - I hear it is a long process but the rewards are great - I shall keep pursuing.
Aug 02, 2008 06:39 AM
Bankers Life/Colonial Penn - Somerset, NJ
I revcently connected with a rep from and bank and that seems to be the way to go.
Grace 400 BPO's and only 5 lisitngs...???? WHY?
Aug 02, 2008 06:41 AM
Virtual_Marketing_IQ - Las Vegas, NV
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate
Hi, Thomas and welcome to Active Rain! Great question and i wish i knew the answer! I can't tell you how many BPOs I have done but absolutely NO Listings! I will be interested to see what you find out!
Aug 02, 2008 06:54 AM
The Homefinding Center - 1000 Palms, CA
Real Estate Broker since 2008
You can't start looking for REO listings at this point in the game... you should have started working towards them before they were prevalent.
Everyone wants a free lunch! They don't want to do any legwork to prep themselves to be in a good position when the time is right.
Funny how no one was posting on the net for info on how to get into REOs in 2001.
Cameron Novak, Broker
The Homefinding CenterTM
Corona, California
Corona Real Estate Agents
Aug 02, 2008 06:59 AM
Real Estate Consultant - Brookings, OR
Brookings, Oregon
Thomas- I just wanted to stop by and welcome you to ActiveRain! I think you will find it a great place to network. Good luck with the REO's.
Aug 02, 2008 09:03 AM
SOA Realty - Aurora, CO
Cameron is right, but it should not stop you for seeking new or different opportunities. HUD is reviewing resumes this month and next for listing agents to use in 2009, so you may want to check with them(get your resume to them). All the best!
Aug 02, 2008 09:33 AM
NMLS ID: 40831 - Federal Way, WA
Thomas,
Welcome to Active Rain! Congrats on your first blog! You'll find this a great place to learn, share ides, and most important, build your business! If you ever have a question on a VA Loan, or an FHA Loan feel free to contact me. Good luck with the REO's.
Ron Brown
VA & FHA Loan Specialist
First Mortgage Company of Washington
Puyallup, WA
Aug 02, 2008 02:20 PM
Keller Williams Greenville Upstate - Greenville, SC
Homes For Sale Greenville SC
I just wanted to welcome you personally to our wonderful community! This is a great place to learn, as well as share. Check out some blogs, join some groups, and write about whatever comes to mind. In fact, some of the most effective blogs aren't about real estate at all!
If I can ever be of assistance, let me know!
Aug 02, 2008 04:13 PM
Keller Williams Southern Arizona - Tucson, AZ
Tucson, AZ Realtor
Thomas,
Thanks for sharing your interest in REO's. Right now buyers are hungry for advertising that talks about foreclosures. Try the other side of the coin.
Secondly,
There's a give, give, give, attitude about everyone who's active and sharing. I wish you the best of luck and look forward to reading your future blogs. I'd love to hear your comments too. So come on by and have a visit. This is an awesome place to learn and grow.
Aug 02, 2008 04:58 PM
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...
Hi, welcome to Active Rain! I hope to see more of your blogs in the future. Learn from others, share your knowledge and experiences and enjoy yourself! Take care! ---Kirk.
Aug 02, 2008 05:25 PM
Keller Williams Greater Omaha - Omaha, NE
Welcome to ActiveRain!
If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain. It has a few simple steps of what to do now that you have joined.
If you ever have any questions, just let me know.
Troy Trumm
Aug 03, 2008 03:16 AM
RE/MAX Preferred Realty Ltd. - Windsor, ON
Hi Thomas, Welcome to AR, Be a Blogholic and start writing your own blog soon on AR. All the best for your RE business. This is the right place for customers, friends, realtionships etc.
Best - Sash
PS: FREE blog traffic strategy video...Hope this will help you... click here
Aug 04, 2008 02:00 AM
Van West Realty - Greenville, SC
Co-Founder/Co-Owner
Hello, welcome to Active Rain! This seems like a wonderful environment to network as well as learn from others. I hope you enjoy yourself and participate often in the Active Rain environment!
Aug 04, 2008 02:39 AM
Charlottesville Solutions - Charlottesville, VA
I see that you are new to Active Rain and I just wanted to welcome you. I hope that you enjoy it as much as I do and that you find it a great resource.
Aug 04, 2008 06:38 AM
Starstate Realty - Austin, TX
Hi Thomas - Welcome to ActiveRain. I look forward to networking with you and reading your future post. Have a great day!!!
Dec 20, 2008 02:02 PM
West Realty - Murrieta, CA
Temecula-Murrieta-Menifee CA Real Estate
Thanks for the information. I have held off on doing REO stuff but have been thinking about working on my bank relationships. Appreciate the info.
Mar 19, 2009 04:35 PM
Rainer
2,680
2,680
Thomas Pullattu
GRI,e-PRO
Comments(23)