REO TEAMS

I know most of us have a team or at least 1 assistant to help us the business, the way I look at the team, and this is just my opinion I might be totally wrong, is like a business, I have a group of professionals that I trust and that are very good at what they do. my model is simple I have a transaction coordinators/super woman, a book keeper, a media spcialist, a buyers/field agent and I over see and pick up the slack where and when necessary.

I know the model for some agents is to hire people to do all the work while they go out and visit their clients to get more business, and some of those super REO agents don't even know the listings they have, never seen them, have the wrong information on MLS, and sometimes even the wrong pictures, grass is usually high, and the new trend is that some agents are not even putting signs or lock boxes on their properties, I guess they have more listings than signs.

I am curious how our clients look at our teams, what is the ideal team, and actually I wonder if our clients really care if we have a team or not. Here is an ad that I saw online, I would like to know your thoughts on this:

HELP WANTED!! Need sharp individual to manage REO listings-lots of them. Must be licensed, experienced and have a full time plus attitude. You will be paid a % of each commission-CURRENTLY WE HAVE 288 REOs.- Also need a salaried person to assist said agent above

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Comments

  • Jose,

    The best team should win. Hoping the banks are taking a second glance at how they liquidating their REO assets and find better and stronger agents.
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