How To Use Bank REO Listing Agents To Get Deals Before Your Competition

http://www.CashFlowInstitute.com How To Use Bank REO Listing Agents To Get Real Estate First. Listing agents would love to be able to keep the entire real estate commission without splitting it with another Realtor. By contacting these agents before they even get the listing, you'll get to these deals before they hit the Multiple Listing Service. That means you will get Bank REO deals under contract before your competition evens knows about them hitting the market! Enjoy, Mark Walters~

Category:

Howto & Style

Tags:

• Bank REO
• Listing Agents
• real estate investing
• foreclosure
• Mark Walters

[tedabalos5]

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.

[AzBrokeBrent]

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.

[Johnf85]

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

[jvolstad]

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