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  • Learn what exactly the bank is looking in a offer. Learn from the experts like I did and read "REO BOOM" This book has over 400 pages on the entire REO process. I hope you find it helpful like I did.

  • What about Dual Agency? Who is that Agent "working for"? Me or the Lender who feeds them Listings. Who's best interest do they have in mind? Slippery slope.

  • The commission split is a good point. I have a realtors license and I thought I was being smart by representing an investor (my business partner) and getting a broker cut at the same time but all the reo agents just ignore me. I have to let them do a dual agency to keep them happy. Also most reos are not good deals. The realtors still have to spar with the bank when you want make a reasonable .50 cents on the dollar investment

  • I get nervous when a Realtor tells me it's a screaming deal.

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