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May 15, 2012


New Service Helps Bank Asset Managers Find Qualified REO Agents

In today’s turbulent housing crisis, banks have had to rely on real estate agents on the ground to sell their REO inventory, aka foreclosures.  With more and more foreclosures hitting the market, it became increasingly clear that banks needed to make sure they were working with competent, efficient, and knowledgeable agents who can get the property sold quickly and for a fair price.  

REO Industry Directory is a new service aimed at solving inefficiencies, and avoiding real estate agents that will just waste your time.  On it, asset managers can search any market nationwide in 50 states to search and find reo agents, and quickly view and compare the nearest REO Agents, Brokers and vendors.  They can see their license information, distance to area searched, and what trainings or certifications the agent or vendor has acquired.  This makes the decision making a lot easier and smarter.  REO Industry Directory even allows bank asset managers to assign listings and BPO assignments to REO agents, directly through the system.  

A San Diego based company, has received recognition from major industry players like REALTOR®  Magazine.

The new service also offers a world class VIP service, where asset managers can just send the requests over to the customer support team, and the REO Industry Directory staff will crawl their agent database and make a recommendation for you.


Foreclosure Activity

REO Blog Categories

The REO Industry Directory is an online community of real estate professionals from around the nation. It allows REO agents to post their profiles on our REO agents directory and obtain REO listings by connecting with asset managers and banks who are seeking experienced real estate agents in a specific area. The REO Industry Directory is also a useful guide on how to get REO listings from banks and how to become an REO listing agent.