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Getting Reo Listings

Posted by Steve Casale on January 1, 2011 at 4:44am in Sample Title

I am sure this has been brought up in here in the past. I just managed to get my first REO listing with NewVista/ETCREO. I would like to apply with some other companies and would likes some guidance on which ones that would be good to work with and what ones to stay away from.

 

Thanks! 

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Replies

  • Richard Matus January 3, 2011 at 12:57pm

    Hi,

     

    I'm getting in, too and wanted to ask a few things about ETCREO. I looked at their website, the application sounds like they want to sign up offices, not individual agents. How did that work for you?

    Thanks

    • Steve Casale > Richard Matus January 9, 2011 at 5:00am
      It does seem that way, but put in your cell and they call direct, I ahve gotten two listings from them and nice to work with
      • Steve Casale > Steve Casale January 9, 2011 at 5:01am
        I am just getting all the E & O stuff together that most of them want. Thanks for the list!
  • Matthew Duffield January 3, 2011 at 12:07pm

    I'm in the same boat looking to get REO's. Thanks for the list Juan.

     

    Any additional advice?

  • Juan Avila January 1, 2011 at 1:28pm

    I suggest you start here: http://reopro.ning.com/page/reo-companies-1

    Sign up with as many companies as possible. All companies have their own systems, processes and procedures. So, what may be difficult or cumbersome to some, may not be to others. Sign up, work with whomever is willing to give you the opportunity to list their properties. Eventually, you can weed out the ones you don't like.

     

    BTW, congrats on receiving your first listing. 

    REO Companies
    REOPro - Real Estate Default Professionals is a social network
    • Tara Nagelhout > Juan Avila January 14, 2011 at 5:32pm
      When I click on the companies in that list I get taken to a page for BPO National Database, something from BPO Automation Group, but each company takes me to this same website.
      • Tara Nagelhout > Tara Nagelhout January 14, 2011 at 5:32pm
        Blonde moment, tee-hee, never mind!
    • Jesus (Jesse) Gonzalez > Juan Avila January 3, 2011 at 12:18pm

      Why do people not know this list is available....or not using it?

       

      • Joseph Milazzo > Jesus (Jesse) Gonzalez February 23, 2011 at 6:54pm
        Thanks Juan and Jesse for the recommendation. Looks like a great tool...I am working on making some contacts!!!
  • Brent Wilk, SFR, 5 Star January 1, 2011 at 11:48am
    Check out the outsources to Fannie Mae. Also check out Chase Bank and their outsourcers. Bank of America, Wells. Try to network with other agents who from other cities as well. That helps.
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