www BANK REO PROPERTIES .com

THERE IS ANOTHER

REAL ESTATE BOOM GOING

ON RIGHT NOW!!!

IT'S THE REO BOOM

Lenders across the country are scrambling, looking for agents like yourself that can fulfill the demand to sell all of their foreclosed homes.

The REO specialists in your area are flooded with too much business,

therefore these lenders are looking for new agents.

Several months ago, I noticed the Real Estate prices declining rapidly. My listings were getting harder and harder to sell. I went from selling several homes a month to selling none for a few months. I noticed that i had to make a change in order to survive in this business. I then figured out how to do Short Sales and was successful in selling my first two. The loss mitigation departments became so backed up because of the amount of foreclosures rising in mid 2007 that they didn't respond in a timely manner to my offers and because of that, I lost many buyers. At this time I had to make another adjustment. I started to notice that many REO bank owned properties were being listed at a substantial discount in comparison to a normal resale home. I started to wonder how these agents were getting these listings. At one point I saw one of the REO specialists in my area have 121 listings. I called him and started to ask a few questions on how he got the listings but he wouldn't give me any insight into this niche. Since he wouldn't tell me anything, i decided to go on a google venture on how to do BPO's and REO's because i realized that if i didn't educate myself in this niche, i was going to end up getting a J.O.B.

I searched for many weeks on the internet and found very few materials on BPO's (Broker Price Opinions) and REO's. The ones that I did find, I purchased but they weren't really good. So many of them are just trying to take your money without really educating you. I continued to search and posted a blog on several websites. Finally i received a response from an agent in Sacramento telling me how she stayed in the business by just doing BPO's and how they were paying all her bills and that she continued to do what she loved to. She gave me the name of a home study course on BPO's and REO's. She said the course came with two manuals, one for BPOs, the other about how to build a REO listing business. This course helped her get more BPO's she can handle because she had only signed up with a few financial institutions prior to purchasing this course. She said that this course came with a list of 112 Financial Institutions to sign up with. She did everything the course said and she now has 43 REO listings active and 15 pending this month.

Her testimony got me excited. I am an agent in Los Angeles, CA. I was one of the thousands of agents that had been scrambling for work for so many months. Our market conditions have made it very difficult to generate any business lately. In January I requested an application to work for the Post Office. Sure enough I received the application within a week but I didn’t fill it out because I had just bought the Home Study course. I had been trying for months to get into this REO niche and for once I felt like I was going to get a grip of this niche no matter what it cost me. This course provided all the answers to the Top Secrets of getting into this niche and it shows you how to do it step-by-step.



After purchasing this course. I immediately followed the instructions, did everything it said and within a week I started receiving hundreds of orders to do BPO’s. These orders pay me from $ 50 to $ 125 and have kept me in the business. I am now on my way to becoming an REO Specialist myself. I’m so glad that I didn’t have to pursue the job at the Post Office and that I continue to work in the field that I love. After the First week of completing BPO orders, the course paid for itself.



If you would like more information on learning The ABC’s of BPO’s and REO’s: A mini course for Real Estate Agents click the link:



http://www.1shoppingcart.com/app/?af=724020

P.S. You might think that the cost of the material is another expense but in reality, it is an investment. It has paid several times over for itself and I am only on my third month.

Any questions please contact me at: ltrujillo@homesmartca.com