REOPro - Real Estate Default Professionals

America's Largest Social Network for Default Real Estate Professionals

RE: REO Trade Organizations / Designations

How important is it that you belong to a REO organization or have a REO Designation (which have started popping up the last 2 years)? Is there a clear cut answer? I have talked to many people over the years about this. I have attended the Five Star Conference the last 3 years and I have been a member of the NRBA (National REO Broker's Association) for probably 7 to 9 years (not sure). The question you have to ask yourself, is what or how do they benefit you. I have found that the number one thing that they provide to you - is NETWORKING with other Realtors, Asset Managers, and industry representatives. You can not attend one of these groups annual meetings and not learn something that benefits you in your day to day operations. Their monthly newsletters and magazines are full of information that can and will benefit anyone in real estate. I have not personally worked toward any REO designations, but do feel that it would be a benefit to any Realtor (as long as the designations are offered by a reputable organization).

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Comment by Mr. Foreclosed Cleaner on June 30, 2008 at 9:46am
Great info! Would you be interested in speaking on a conference call about your experience in REO to other Real Estate professionals?
Comment by Jesus (Jesse) Gonzalez on June 4, 2008 at 5:50pm
Hey Steve;

Thanks for the blog, I appreciate your commitment to REOPro and as a result I have added you as a Featured Member.

By the way, I do have a designation RDCPro (REO Default Certified Professional) through Real Estate and my feeling behind it is, as long as they provide a real benefit then it's most likely worth it. As for the money side of it goes, I mean lets face it, if you pay 500.00 out but get on average 5-10 BPO's a month and 2-5 REO's a month, then, it's worth it. The problem I have is all the fake, wanabe, not real, I will take your money and send you our a phamplet, get REO quick rich schemes I have a problem with. In my experience, those are popping up everywhere and out of no where. Due to this, check out my blog about REO Schemes and tell me what you think.

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