REO Network worth it?

It is worth it to pay the premium membership for REO Network? I do get a few AM reaching out once or twice a year asking me to do a BPO, but if paying the membership gets me some listing, I wouldn't mind paying for it.

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  • I was a premium partner for years and never got an REO listing due to them and strangely usually a month before my membership was about to expire I would get a couple fro a couple of different people saying they got my name from REO Network and one I started do do some research for them they disappeared and never heard from them again. Kind of  coincidental I get calls at the end of my yearly premium membership nothing else all year long and the leads died quickly. 

  • You will get almost nothing from them if you do not pay for the premium so something is better than nothing. 

  • It was worth it back in the 2004-2008 era.  After that, it didn't do me any good.  I can't say one way or another right now.  Check to see who pays in your market and look at their REO listing activity.   Go from there.  

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