Monday, October 15, 2007
BPOs don't always become REOs

Many an agent has discovered the BPO mills or factories in search of generating additional or alternative income.
The Good News:
There is plenty of work available out there and there will be even more in the near future.The Bad News:
Many agents are reporting that doing BPOs has not resulted in getting the REO Listings.Getting the REO can be hit or miss. Building a reputation with the Asset Manager is key.
Many of the best REO Listing Agents have a REO Business Plan in place, they have an organization, a team, a method to pro-actively attack each and every situation that might arise.
In talking to Asset Managers, that team approach will put you ahead of the local competition. Demonstrate that you are fully prepared for every problem.
- What will you do if the prior occupants drilled holes in the bottom of the fiberglass tub before they left?
- You find 3 junk cars in the backyard - now what?
- You can't just throw old TVs away - they must be properly recycled. Do you know how?
We know what to do. Make us a part of your team - We'll help to make you shine!
Labels: Asset Manager, BPO, BPO Help, Broker Price Opinion
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Listing Agents, and even Private Investors.
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