What a nightmare on REO street! Websites promise REO listings and charge a fee. Wolves in sheep’s clothing. At the end of the day, you are broke and have no listings. Is it a Trick or Treat? Watch the video to learn more about REO fees. You decide which companies are legit and which sites are in question. *CONTEST WINNER: SEE BELOW
REO Applications from REO Companies that DO NOT CHARGE, click link below
It’s free for Real Estate Brokers/Agents and always will be.
NOTE: I recommend Equator, res.net (standard or premium), reosource & iAgent, since they are REO platforms. They are a must have if you list REOs. Others websites that charge are in debate. Ask your network buddies what they think before handing cash over.
*(11/07/2012) We have a WINNER! NANCY FRAZIER, Nextage Realty, Phoenix, AZ. Nancy’s name was drawn and she guessed the background correctly: “GHOSTBUSTERS”. Nancy is the winner of the $25 Starbucks Gift Card – woo hoo. Thank you all for participating.
SOURCES: Equator. 31 Oct. 2012 <www.equator.com> / res.net. 31 Oct. 2012 <www.res.net> / REO network. 31 Oct. 2012 www.reonetwork.com> / REO Lister. 31 Oct. 2012 <www.reolister.com> / BankerREO. 31 Oct. 2012 www.bankerreo.com> / ASREOS. 31 Oct. 2012 www.asreos.com> / compete.com. 31 Oct. 2012 <www.compete.com>