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John Occhi's Blog (4)

Awesome Free Map / Route Tool

There will not be much argument from just about anyone that Google has developed some awesome free products that make the life of a real estate agents life a lot easier. On top of making so much available for free, they allow others to go ahead and enhance and customize their applications. This is such a tool. It starts with the basic Google Maps that I am sure most who read this currently use in their lives – one way or another. The company that built this free tool is… Continue

Added by John Occhi on June 1, 2008 at 3:53pm — 2 Comments

Is the Housing Crisis Over?

OK, this may be a little optimistic, but the Wall Street Journal recently published an article with the same headline You can check it out here. Go ahead and read it - and them please leave you thoughts below as to how this relates to the REO market in your area.... John Occhi, REO REALTOR® Century 21 Crest – CrestREO John Occhi is a REO REALTOR® t… Continue

Added by John Occhi on June 1, 2008 at 10:52am — 1 Comment

REOPro – How Can We All Benefit?

REOPRO is a new site that is focused on REO Agent education. At the time of this writing, there are about 150 members. From a very rough review of the site, my guess is about half of us have little or no REO experience and want to break into the niche du jour while the other half has been doing this long enough to think they know what they are doing. I like to think I fall into the later category. As with any new site, our success depends on one another. I hope that we do not fall into two diff… Continue

Added by John Occhi on June 1, 2008 at 10:35am — 3 Comments

How to Do a Good BPO – with the emphasis on GOOD!

BPO or “Broker Price Opinion” is the back bone of the REO (Real Estate Owned) industry. This is the tool that banks, lenders, investors and perhaps most importantly the asset managers use to determine the value of a property once they have taken it back at auction and again after it has been on the market for 90 or more days. For this article I will refer to all of these individuals / entities as “Asset Managers”, if that is OK. A BPO is typically tasked to two or more agents to submit their op… Continue

Added by John Occhi on May 31, 2008 at 7:17pm — 12 Comments

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