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Oh Gosh that is also around $3000. I am just approved by NRBA only. I am still thinking on that. Do not have a clue about Open door institue. Other wise love to give feed back.
Great topic! I really don’t know much about Open Door but I have been a NRBA member since 2005 and NRBA is the best thing that ever happened to me professionally. I personally do not waste money on 5 Star, REOMAC or any other REO conference, why because when you are a member of NRBA you get a one-stop shop rolled into one great organization! A wise man told me a few years ago that NRBA has it all, he said spend your money elsewhere if you feel that you need to but it is not necessary because when you are a NRBA member you have all of this at your fingertips daily not just a few times a year! We have our own conference yearly of just NRBA members and the Asset Managers do not run from us because we are well behaved and we treat them with the respect they deserve. The membership is well worth every penny and I could not imagine life without my NRBA Family and the wealth of resources that comes with this family of outstanding professionals of the NRBA organization! I am just very proud and honored to be a member!
My biz partner is a member (NRBA) for a couple of years now. It hasn’t increased our biz at all. Our clients work with us due to our own relationships and hard work. Building relationships and Google is very productive.
These companies are growing like weeds. Think about it if 10,000 agents sign up, they are 30 million richer.
Great Topic Marqueze, I was invited to NRBA and Open Door, also Five Star is doing their own version of these. But in reality is they cost money, I don't mind INVESTING my money in the right organization, marketing or software that will increase my business and my productivity. But lets face it I have done OK without any of them, I am not bumping my chest by any means.
I am just a mid size REO agent. But I have been able to increase my inventory, my relationships, my business and clients, well with the help of some friends and lots of perseverance and always looking for the right opportunity, not waiting for the opportunity to come to me.
Yes I would like to have more clients, more inventory and make more money, who doesn't? but at what cost. All these groups wont guaratee you anything, and in reality I don't expect them, they will help you knock on the door, but at the end of the day you have to do your own magic, charm, pitch, or whatever you want to call it to get the business. Last year I spend too much in conferences, classes, softwares, websites, mentors, etc. and the only thing that help me make more money were the conferences because of the new friends I made in the networking events.
This year I am trying to be more selective with them as well. That is the reason I will only attend 4 this year and I will try to space them out. I am sure I will make good contacts and I will increase my business, but I doubt I will join NRBA or Open Door or any other REO "Experts" organization where I have to pay so much money to be part of it.
I am skipping Five Star this year. I always have a great time and make good connections there, but I will give it a break this year. I will be in the area in June for the REO EXPO, I will go to the West Coast in Sept, and I can't take the whole month on conferences, I am sure my wife wouldn't like that. Got to keep the boss happy.
I wont say totally that I wont join any of the groups, maybe I will NRBA, I know I miss the boot camp, but I have time till end of April to join and go to Denver. I might see you there.
Marqueze it has been a little while little more than five months since you were going to find out about joining NRBA, what have you found out with joining them? Has it expanded your business?
Looking forward to your feedback
Any one have a discount code for Five Star?
For those interested in the Open Door Institute, please visit the website and sign up. I think is a great organization and the cost is very minimal.