REO Pro - Real Estate Default Professionals

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Hey, did you get the invite to sign up for IndyMac's new mandatory training at DefaultSchool? I did, and I'm not even an IndyMac-approved broker! My application is pending, and has been for some time now. Fortunately, I am already and REO Default Certified Professional with DefaultSchool, so all I had to do is fork out $399 to take the IndyMac Policies and Procedures course.

Of course, right after getting my cert, I e-mailed it off to IndyMac along with my existing RDCPro Certificate from DefaultSchool. Apparently all brokers who want to work wtih IndyMac have only until August 25 to complete the training to remain eligible to list and sell IndyMac properties.

I heard a lot of whinging and moaning on various mailing lists and forums and such from people who think it's a waste, a rip-off, a scam, whatever. That, or IndyMac is looking to separate the wheat from the chaff.

Me, I'm wheat. OK, I'm either wheat, or I'm just $399 poorer. How about you?

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Comment by Andrea Cruz on July 27, 2010 at 2:11pm
Ive completed default school for AHMSI. Is this the same class?
Comment by Jesus (Jesse) Gonzalez on August 25, 2008 at 8:49am
I see, keep me in the loop and let me know how it goes for you.....I will let you be the ginny pig....lol
Comment by Seb Frey on August 21, 2008 at 11:08pm
I think you have to first register with IndyMac as an REO Broker/Agent. My IndyMac status is still 'pending.' When I went to that training/seminar deal in Las Vegas earlier this summer, a bunch of folks I met there were talking about how great IndyMac was to work with, so I figured, eh, worth a shot. I am hoping that some slots might open up in IndyMac's agent roster as a result of this new requirements, and maybe I'll get some listings.
Comment by Jesus (Jesse) Gonzalez on August 21, 2008 at 4:36pm
Hey Seb:

I also have the RDCPro designation however, I didn't get a Indy Mac invite....hhmm... Anyways, let me know if it works out for you. I am hesitant to fork out another 399.00 for more training considering it's just procedural stuff but, if you get a listing, it's worth it. Keep me in the loop, I would love to know more!

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