ATLAS REO


Interested in becoming an REO Listing Broker for Atlas REO Services?

Atlas REO takes pride in selecting ONLY the best, most qualified REO brokers/agents in the country to partner with. If this is you, click on the link below and start applying.



atlas

5 comments for “ATLAS REO

  1. Dave Hill
    February 27, 2015 at 5:11 am

    Hi Poncie, do you have a list of asset managers for the lenders. I thought I saw you posted that at some point and I cant find it thanks

    Dave

    • February 27, 2015 at 7:37 pm

      Hello Dave, there has been a huge turn over in asset managers since 2013. The REO world has shrunk and so have the asset managers. Enter “Asset Managers for Atlas REO Services” in the “TYPE YOUR REO QUESTION HERE” box on the right. [poncie.com]

  2. Roger
    August 8, 2012 at 12:18 pm

    Poncie,
    I wanted to apply for the Atlas REO service, but what worries me is that I have to come up with all the funds to keep the services and utilities going till property is sold.. Is this normal? Who has this kind of money to put out for a few months? And if you deviate from their policy, you may not get re-imbursed??
    That is crazy. What do you think?

    • September 19, 2012 at 5:26 pm

      Hello Roger, yes, you will need to come up with up front cost to maintain the REO which include utilities, utility deposits, emergency repairs, etc.. This is totally normal. We have always been reimbursed for our expenses. You need to have a good billing person. My wife does our billing. So she makes sure we get paid. It does get pricey if you have multiple REOs but, it’s the cost of doing business.

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