i bet your right, as is luisest. most of those agents have some existing relationship. Though with the amount of REOs and short sales coming on the market these days, it’s more likely the institutional lenders are open to forging new partnerships with eager agents. good luck lcortes. probably a smart niche to gravitate towards.
My first start would be to contact an agent that currently focuses on REOs, and ask how they got started. Thats a good question though, I’m not sure how one gets in to that niche? Maybe REO specific agents are former bank foreclosure managers?
3 posts found
ryan writes, May 17, 2008: (27 posts)
(Topic: Wholesaling / REO Agent sign up)
hey ryan,
i bet your right, as is luisest. most of those agents have some existing relationship. Though with the amount of REOs and short sales coming on the market these days, it’s more likely the institutional lenders are open to forging new partnerships with eager agents. good luck lcortes. probably a smart niche to gravitate towards.
luisest writes, May 16, 2008: (6 posts)
(Topic: Wholesaling / REO Agent sign up)
My first start would be to contact an agent that currently focuses on REOs, and ask how they got started. Thats a good question though, I’m not sure how one gets in to that niche? Maybe REO specific agents are former bank foreclosure managers?
Lcortes writes, May 15, 2008: (1 post)
(Topic: Wholesaling / REO Agent sign up)
I am a realtor, I want to start getting REO listingds from Banks, do you have any suggestions?