REOPro - Real Estate Default Professionals

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Corey Barnes
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  • Columbus, OH
  • United States

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Question for my New York agents

Started this discussion. Last reply by Corey Barnes Mar 17, 2010. 2 Replies

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Corey Barnes
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Comment Wall (5 comments)

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At 1:20pm on December 1, 2008, Andre Jones said…
I work for an asset management company in New York. We receive "Mini" portfolios (20-100 properties) in the MW, with a heavy concentration in Ohio. If you have any bulk buyers that look to get properties 10 - 15 % of FMV, please let me know. Thanks.

Andre R Jones
RSR Asset Management
At 12:49pm on November 6, 2008, Mercedes Avionn, Broker, RDCPro said…
Ok. I will do that. Thanks.
At 9:59am on November 6, 2008, Mercedes Avionn, Broker, RDCPro said…
Thank you for your comment. I contacted Land America about doing the REO listings. They sent me an REO application which requires four years of previous REO listing and selling experience complete with three references contact information for the asset managers. I don't have that experience or references, therefore I did not fill out the application. It seems that there are two divisions REO and BPO and the BPO's don't lead to listings unless you are also approved by the REO division.
At 1:30am on November 6, 2008, Thomas Moore said…
I did send it but I can't tell if it went through or not so I sent it again.
At 9:09am on November 3, 2008, Brenda Sutherland said…
I am a Real Estate agent who is looking for introductions, any help would be greatly appreciated. I have recently closed on one REO as a team member and I have been doing BPO's for 3 years now. In my market I specialze in Pre Foreclosures and Short Sales and I have several agents who refer short sales to me. Can you give me any info on how I can break into the REO's.
Thank you in advance

Brenda Sutherland
ERA Belsito & Associates

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