How to list reo properties – How to become an reo agent?
I have been researching for quite some time now. After months of calling banks I get no where. I am wondering how the few agents in my area (arizona) get 20+ Listings a month from the banks. This is a great market for agents as bank owned properties in Arizona are selling like hot cakes.
How to list REO Properties? How to become an reo agent?
Anyone have any ideas or direction?
Well this is somewhat of a tricky subject. A lot of agents do not want this info getting out because they know how difficult it can be for new agents to get into the REO market. As you are correct there are usually only a handful of agents in each city that get all of the Bank Owned Listings… In my area i have seen agents with as much as 20-30+ New Listings Each month and probably 60% are closing escrow within 45 days.
I just did a google search and found this info that will probably get you to where you need to go.
http://theamazingsource.com/real-estate/how-to-list-reo-properties/
I first got started into this business about 4 years ago and had help by a company called Realtor Revenue. I believe their site is still at http://www.theamazingsource.com/realtor
Comment by tagindstry — July 11, 2009 @ 10:18 pm
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