With millions of loans defaulting every year, asset managers and banks are looking for REO agents and vendors to service their needs. Foreclosures are at record highs and selling them quickly and for a goof price has been a challenge in this market, so REO agents are in demand.
How do you stand out from the crowd?
REO Industry Directory is an online network of real estate professionals. Users can post their profile with contact information, experience and a list of services and areas covered. The directory navigates banks and asset managers to the right agents for the job. The REO industry is very demanding and having a solid REO team to handle the inventory is key to succeeding in this highly competitive marketplace. Do you go to default servicing conferences? You should, it’s a great way to meet asset managers and banks. But having a presence online with the REO Directory allows users to find you anytime they need you and in areas where they aren’t familiar with. The fact is most asset managers handle foreclosure inventory that’s not in the same city or even state as they work in. That’s because banks assign them portfolios from across the country.
Take the next step to become an REO Listing Agent. Join the directory and let people know where you are, and show them you mean business.