Here is a great resource for you and your business and I wanted to share it with you.
As an Agent:
The www.reoredbook.com is a great directory to be in for you to get leads from banks to sell their properties. They have a ton of them right now and they’re always looking for good agents that can perform and liquidate their properties for them.
You will also get good buyer leads from investors looking in this directory to buy reo properties, either local or nationwide. alot of investors are looking at other markets right now that are priced right and this is one of the places that they look when scouting for deals in out of town markets.
You can get listed in the directory by emailing redbook@dsnews.com and the deadline for this year’s directory is June 6th.
As an Investor:
www.REOredbook.com is a great resource to find local Realtors that specialize in listing bank foreclosures. Most banks list their properties with real estate agents. This is useful to find REO agents in your own market or in out of town markets. If you have a friend or staff member that is a licensed agent, you should recommend they register themselves in the book to get leads for reo properties to sell and also for investors that are looking for properties.
Check it out now.
Dedicated to Multiplying Your Income,
D.C. Fawcett
The Business Building Coach to the Foreclosure Industry.
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3 users responded in this post
In my opinion the price that REO redbook charges is way too much! I would rather go with a site like REO Network or AssignREO.com for the purpose of a paid directory. Just my opinion, good luck to all!
I agree that the price of the REO rebook is pricey. I personally use real estate investment groups in my area such as http://www.reoinvestmentgroup.com, they have a investing system with pre-screened ready to go foreclosures and REOs.
Reo bank list mostly comes down to location which is a very important matter. Some of my clients can see beyond the property’s hidden potential, especially now with the many real estate bank owned sales lists that are popping everywhere. Don’t forget most people who are looking to buy a house won’t see how it can be a business opportunity for them as they simply want to live in the house.
I think the price is ok if you really are going to invest.
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