by REORockstars | May 9, 2016 | REO Articles, What's Working NOW in REO Articles
I am ALWAYS concerned about entering an REO property, even in nice neighborhoods. The fact is that so many foreclosures are popping up that squatters and lowlifes are figuring out how to capitalize on the vacant nature of REOs (one of MY properties was actually...
by REORockstars | Apr 19, 2016 | REO Articles, What's Working NOW in REO Articles
If you are an experienced REO broker then you probably have experienced the burning hole in your pocket from "loose" billing at one time or another-it's a hard learned lesson that you fix swiftly. If you are a new REO broker then LISTEN UP. I am about to share with...
by REORockstars | Apr 12, 2016 | REO Articles, What's Working NOW in REO Articles
Many many many times I have warned REO agents to avoid the fatal mistake(s) of becoming stagnant, complacent and/or just plain lazy. Yet, without fail, at least once a day I get whining from agents who can't wrap their brains around the fact that they are making ZERO...
by REORockstars | Mar 30, 2016 | REO Articles, What's Working NOW in REO Articles
Folks, I have seen a lot of wild things in the REO business over the last few years (HAFA, HAMP, etc.) but this one really takes the cake. The government even apparently used TARP funds, to the tune of some 14 Billion dollars, to assist in providing special...
by REORockstars | Mar 10, 2016 | REO Articles, What's Working NOW in REO Articles
Fantastic webinar on Friday - "Why There's NO MONEY in REO...for Most Agents (and How YOU Can Avoid Being Broke Like THEM)". We had a lot of great feedback from agents across the country. Read the answers to the top selected questions below: Deborah asked: "My broker...
by REORockstars | Mar 6, 2016 | REO Articles, What's Working NOW in REO Articles
Many brokers ignore the guidelines provided to them by their clients that strictly prohibit them from profiting from property maintenance and preservation work performed on their own properties. I'll admit, the thought the enormous amount of money to be made is quite...
