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Vendor Spotlight |
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ASSET COMPANIES-THERE ARE OVER 1000 REO AGENTS TO SERVE YOUR REO LISTINGS AND BPO NEEDS. AGENTS JOIN TODAY FOR FREE OR SELECT A PREMIUM POSITION!
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Standard REO Agents |
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KELLER WILLIAMS REALTY AV
Licensed Agent or Broker
PALMDALE, CA 93551
 Listed:
2009-06-25
 12
Hits |
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Great Way Real Estate
Licensed Agent or Broker
Denver, CO 80203
Listed:
2010-03-07
6
Hits |
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Diamond Property Services
Licensed Agent or Broker
Myrtle Beach, SC 29577
Listed:
2009-05-05
22
Hits |
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Century-21 At The Beach Realty, Inc.
Licensed Agent or Broker
St Augustine, FL 32080
Listed:
2009-07-14
49
Hits |
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exit dynamic realty llc
Licensed Agent or Broker
burtonsville, MD 20866
Listed:
2009-08-08
9
Hits |
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Cooper Fine Properties LLC
Licensed Agent or Broker
Avondale, AZ 85392
Listed:
2010-04-14
1
Hits |
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Access Realty
Licensed Agent or Broker
Shawnee Mission, KS 66223
Listed:
2009-07-16
18
Hits |
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Keller Williams Realty
Licensed Agent or Broker
Lancaster, CA 93536
Listed:
2009-06-29
7
Hits |
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Cool Denver Homes, Inc
Licensed Agent or Broker
Denver, CO 80204
Listed:
2009-11-19
12
Hits |
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Your Home Realty
Licensed Agent or Broker
Cleveland, OH 44111
Listed:
2010-03-08
5
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WHAT IS A REO ?
REO is an abbreviation for a REAL ESTATE OWNED property-real estate owned property indicates that the property in question has been foreclosed on and has been taken back by the mortgage lender or trustee. When a lender has taken the property back and a buyer cannot be found for the foreclosures sale it is then taken back and sold seperately.Often lenders (mortgage holder) hire a real estate agents themselves through there internal reo department or hire asset management companies who hire the realtors list, market and maintain the properties professionally for them to sell and move these type of homes off the market.
WHAT IS A BPO?
A BPO, or better known as a Broker Price Opinion, is generally used by lenders and mortgage companies to asses the market value properties in situations where they believe the expense and delay of an appraisal is not necessary.Often when completing a BPO a mortgage lender, loss mitigation, or lender will ask you to either do a Drive by Bpo which entails of taking a outside photos of the home, this generally doesnt require the agent to get out of the car. In other cases as the home is in the foreclosure process or foreclosed the lender will ask for interior/exterior Bpo which is more detail.
Help full reo resume tips: When a bank or asset firm assigns a listing to a agent it is not a simple list and sell, some markets however report that these properties sell in less than 60 days on the market! However once you have obtained the listing most banks or asset companies will require you to complete a quick and correctly done Bpo, re-key the property, lawn maintenance, trash outs after the client has been evicted, eviction services, repair estimates if needed, utilities. Those are few key points and services to add in your resume along with a good marketing plan to sell the home quickly.
The time is now while to capatilize and become a reo power lister. With the help of our reoassignment.com site and the national exposure we provide to the reo industry we want to help you along the way.
Here are a some helpfull links to a few Reo and Bpo companies below.
If you are interested in reo training, learning how to list homes and bpos fill out the contact form below for a one on one private session .
REO Companies
BPO Companies
Good reo website to set up reoresume and reos
If you are interested in reo training fill out the contact info below for a one on one private session.
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Featured Premier
REO Agents |
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Seaside Realty
Licensed Agent or Broker
Encinitas, CA 92024
Listed:
2010-01-27
57
Hits |
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Ann Meekins Realtors
Licensed Agent or Broker
Urbanna, VA 23175
Listed:
2009-09-18
64
Hits |
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century21 jr gold team realty
Licensed Agent or Broker
garfield, NJ 07026
Listed:
2010-01-27
73
Hits |
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Re/Max Metropolitan Home Professionals
Licensed Agent or Broker
Rutherford, NJ 07070
Listed:
2010-04-23
35
Hits |
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Brenda Ames & Associates, LLC
Licensed Agent or Broker
Houston, TX 77008
Listed:
2009-12-03
61
Hits |
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Remax - Atlantic
Licensed Agent or Broker
Jacksonville, FL 32256
Listed:
2009-11-16
102
Hits |
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REALCOM REALTY
Licensed Agent or Broker
ROSELLE, IL 60172
Listed:
2009-10-14
91
Hits |
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Re/max Gold
Licensed Agent or Broker
Clovis, CA 93611
Listed:
2009-09-11
82
Hits |
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MyHouseSmart.com
Licensed Agent or Broker
Albuquerque, NM 87107
Listed:
2009-12-28
45
Hits |
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Real Living Cornerstone
Licensed Agent or Broker
Farmville, VA 23901
Listed:
2010-02-21
45
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Contempo Gannon Realty
Licensed Agent or Broker
Coral Springs, FL 33067
Listed:
2009-12-06
53
Hits |
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Yialouris Group Realty, Inc.
Licensed Agent or Broker
Miami, FL 33126
Listed:
2009-11-05
95
Hits |
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BROKERS LLC
Licensed Agent or Broker
AVENTURA, FL 33180
Listed:
2010-07-27
14
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CENTURY 21 CONTINENTAL
Licensed Agent or Broker
MIAMI, FL 33177
Listed:
2010-08-05
17
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Welles Bowen Realtors
Licensed Agent or Broker
Maumee, OH 43537
Listed:
2010-03-10
34
Hits |
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