HOW WE KEEP GETTING REO’s



We listed a #1 Traditional Listing and a #2 Investor Flip last week, received a #3 REO from CoreLogic and another #4 Traditional Sale this week and (God willing) a #5 Short Sale next week. Numbers 1, 2, 4, 5 took lots of prospecting. Number 3 was a BONUS. Below is a list of REO companies you can sign up for. Sit on their waiting list and when a bonus comes your way, take and run.

That’s what REO’s have become. Icing on the cake. In order to get REO’s  or Traditional Sales, Short Sales or Investor Flips you need to know the trade SECRET. Watch the video below for details:


Zillow

Now take what you learned and apply it.

AVAILABLE REO COMPANIES *

  1. Chase (Out-Sourcers) Click Here for Details
  2. Fannie Mae (Certain Cities Only) Click Here for Details
  3. First Preston HT (Certain Cities Only) Click Here for Details
  4. Precision Asset Management (Certain States Only) Click Here for Details

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Create your FREE Short Sale or REO profile at Zillow. Be seen by over 11 million visitors.

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*You will need your poncie.com Network password. Don’t have one? Enter your email in the “Subscribe Here” box (top left) and request a password. It’s free for Real Estate Brokers/Agents and always will be. Please allow up to 24 hours for a REO Application Network PASSWORD via email. Be patient



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8 comments for “HOW WE KEEP GETTING REO’s

  1. Karin Cannon
    September 5, 2013 at 11:44 am

    REO business is shrinking, short sales are the norm for buyers who purchased during the 2003-2008 boom cycle with little or no down payment. If there isn’t enough equity to cover the transactional fees, these homeowners have to sell short if they have to sell.
    By Karin Cannon
    Brin Realty Group
    Commited to giving excellent service combined with experience & integrity
    Greater Boston Area

  2. Joan Sambuchino
    August 27, 2013 at 12:48 pm

    I used to get REO’s from Corelogic but have not gotten any for awhile are they still doing REO business???

    By Joan Sambuchino
    Broker, Realtor, ABR, e-Pro ,SFR, RDC-Pro, RE/MAX Island Realty
    Savannah, Georgia AreaReal

    • Heather Aragon
      August 29, 2013 at 1:55 pm

      They are still in business but they dont have any inventory

      By Heather Aragon
      Short Sale Coordinator
      Greater Denver

  3. Meg Yacawych
    August 26, 2013 at 5:43 pm

    Same here—

    Meg Yacawych
    BRE 01245050

  4. Lisa
    August 24, 2013 at 10:57 am

    Could you provide more information on how to create the REO profile on
    Zillow? I currently have a profile on Zillow. Thank you for all the great info!

    • Mary Walsh
      August 26, 2013 at 10:42 am

      How do I create my free profile on Zillow ? I went to the website. but cannot find a link to create free profile.
      Thanks for your help.
      Mary

      • August 26, 2013 at 11:47 am

        Hi Mary, click on the zillow link again. Then click on “FOR PROS” on the upper right corner. Then click “Activate You Free Profile”
        [poncie.com]

  5. John Murray
    August 23, 2013 at 9:56 am

    We received about 30 REOs last week.

    John Murray
    Managing Broker / President
    Key Realty
    Rockford, IL 61108
    http://www.foreclosureni.com
    http://www.keyrealtyus.com
    Ranked #1 in the Wall Street Journal for Real Estate transactions the last 2 years in a row! 2013 2012
    Ranked #24 in the Wall Street Journal for the 2 prior years in row! 2011 2010
    Ranked in the top 300 brokerages for last 2 years in row by Real Estate Magazine! 2013 2012
    Over 8500 Homes sold since 2003! Over 500 and counting in 2013!

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