I have been in real estate for 4 years now in Orange County, Ca, my business partner and I have grownour business mostly on referrals, which we take great pride in.  I recently decided to start going after the REO business because we currently are only working with onebaank getting all their REO assets. I have been told to get into some of, if not most of these asset management companies and get their REO assignments, you first haev to start out by completing BPO orders..no worries I thought...I must be asking for the wrong department.  I would love to hear from everyone what has and has not worked for them as far as what department they ask to speak with to get in front of the right person to ask for the BPO orders?  (I have worked my way into doing BPO's for Old Republic, hopefully turning that into handling their REO business, we'll see.)  IF you don't have a direct number to an asset manager (is that who you guys ask for), when you call in, what department do you ask to be transferrred to or what do you guys say....Thanks in advnace....
E-mail me when people leave their comments –

You need to be a member of REO Pro Network to add comments!

Join REO Pro Network

Comments

  • Jason,

    As a former Asset Manager, now doing REO Warrior, I have been on the recieving end of those calls, often. Justine is correct, try to speak to a vendor manager, REO manager, agent network consultant, or any of those people that work as a liason between the company and the agent.

    When you do call, keep it casual and friendly. Avoid pressuring them or coming across as a salesman. Sometimes and informal approach can put them at ease and cause them to be more receptive to your words.

    You should also be prepared with a follow up email that is just as casual. Example: "It was great speaking with you. Would love to work with you company soon! My contact info is below and I have attached my resume.

    Have a great day!!"

     

    Again, having been an Asset Manager for 8yrs I can tell you that this approach will work the best.

     

    Good luck!! Feel free to email with any questions:  tony@reowarrior.com

  • Thanks Justine for your comment.  i am signed up with 80 of the asset companies.
This reply was deleted.