REOPro - Real Estate Default Professionals

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Featured Blog Posts (7)

Is the REO industry finally dead?

At some point when i started getting REO's in 2006 i was told by Spring of 2009 it would be all over. Boy they were wrong in 2009 i sold 189 REO's but something was different then. REO's were being traded from one asset company to another and i was sent along the ride with the new companies selling an average of 150 a year till 2014. Now in 2015 the REO's are just drying up with no new asset manager on the block and nobody even making claims that we have a shadow inventory coming sometime…


Added by Alex Nova, A-REO, CDPE, RDCpro on May 20, 2015 at 3:59pm — 9 Comments

REOs the truth and nothing but the truth

Just got back from a mandatory REO agent conference. Cost 149.00 plus 2 days of really aggravating reprimands,, threats and some really demeaning reality. Oh and 109.00 per night hotel costs plus 2 days away from all of my other work which pays the bills. The cost to be a chosen REO agent . 499.00 in the first few weeks for "training" Funny considering I have been doing REO work longer than the people who wrote the "training course". (and they were not even a Realtors) Then another 199.00 to…


Added by barbara scarbrough on August 15, 2013 at 1:32am — 130 Comments

30 Days Ago I Did a Video Rant on B of A - Here is the Update

30 days later and there is no Decision on either File,   I do have an update on one, the Freddie Mac Loan…. THEY LOST IT… YES THEY LOST IT!  Here is the letter I wrote to try and get some attention for my clients.

if you want to see the Video Again here is the Link…


Added by George Kenner on May 18, 2011 at 12:16pm — 7 Comments

Can not Get a Responce and the B of A V.P on Tape....

 I have recently had some problems with B of A up  including upper management.  They tell us that they are working in good faith to close short sales and then want more than market value. WE CAN NOT SELL FOR MORE THAN MARKET... I have many such cases of this.  I have several problematic files that they have ignored and I can not bring attention to even after being escalated.


The standard of stay on the phone till you get a favorable answer has failed.  Even e mails to the…


Added by George Kenner on April 20, 2011 at 10:56pm — 26 Comments

I have all of Google’s Top 10!

WOW, I just was looking over some SEO (Search Engine Optimization) stuff for a question recently sent to me by a member and I noticed, in Google’s search Engine, if you type, Jesse Gonzalez Nashville, you get 293,000 results of which, I am all of the top 10, first page!!!!

The best part of all…


Added by Jesus (Jesse) Gonzalez on November 17, 2010 at 9:00am — 7 Comments

Professionalism and Respect.

We all love and appreciate the testimonials and praise our asset managers give us. Below is one from a former Ocwen supervisor that I respected highly. OCWEN is still one of my best Clients and I still have the upmost respect for the company and all of their employees. I was distressed to see the YouTube Video on our front page portraying OCWEN…


Added by Barbra Curtiss on August 29, 2010 at 2:23pm — 3 Comments

MLS still sells houses.. so fill it out

While doing some BPO work today for some multi-family houses it still amazes me the number of agents who do not fill out many of the non-required fields in the MLS.

It also was interesting that many of these "slim" MLS listings are REO properties.

Do people not realize that if you fail to fill out fields such as, # of units, number of bedrooms, number of baths, total sq feet, than many people doing searches for properties will NEVER SEE YOU LISTING IN…


Added by Douglas Ledewitz on August 29, 2010 at 6:03pm — 7 Comments

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