America's Largest Social Network for Default Real Estate Professionals
How do you get REO business? You have to get noticed, face it you and I are just a part of a hungry herd, scouring for business. Here's what's worked for me. I find a asset management company that has property in my area. I go to Hoovers.com. if you don't have an account with Hoovers, go to the public library. I look up the people in the company and find a VP who's in charge of asset managers property marketing, then I go to jigsaw.com and look up the company's email format. So now I have a name, a phone # and an email address.
You go big or you can go small. I always go big. I write a short letter, two paragraphs max, attach my resume and references. I send them to the VP via FedEx 3 day, I send it so it arrives on a Wednesday. One the same day I order a small order of Shari's Berries, 9 count berries, $19,95 and schedule the gift to arrive on Thrusday, and I call on Friday.
I've had good success with this method. Right now the banks are sitting on their properties hoping to hatch another bail out from the Feds. That's topic for another post.