RECENT BLOG POSTS
I have compiled a list of 70+ national asset management companies who are looking for local professionals to list bank-owned properties and complete BPOs. This list provides direct links to sign up with them online. This will be a only list you need to break into the industry, or, add to your REO...
09/12/2008
Believe it or not, 2008 is almost over! With less than 3 months to go, my goal is to hire 7 more agents. I need all the help I can get from my fellow rainers! Because of the depressed market, it's been really hard hiring agents, especially good agents! Brokers, what are you doing that is working?...
09/12/2008
This just came to my attention after I posted about whether agents use the Buyer Broker Agreement. California appellate court enforced a real estate broker's right to compensation under C.A.R.'s buyer-broker agreement. Schaffter v. Creative Capital Leasing Group, essentially involved a buyer who,...
09/12/2008
Our company philosophy is: "Agents are the talents. Agents are the bosses. We are dedicated to providing superior service, training and care to our TEAM members, so that our Agent Team can in turn provide over-the-top customer service to the clients." Since we believe our Agents make the company,...
09/06/2008
I am posting these questions because my previous blog about buyer broker agreement, I received almost zero response, and the only response I got was someone telling me they don't use buyer broker agreements. I can safely assume most agents do not have their buyers sign the buyer broker agreement....
09/06/2008
I just got 2 orders for retro/historical BPOs. First of all, I would like to know why lenders and AM ask for them? They are looking for values back in 2005. I assume I have to go back in time and pretend I am pricing the homes in 2005. I know appraisers do this for cases where a spouse passed awa...
09/05/2008
Sometimes, my agents will come crying to me about these buyers they have been working with for 6 months and they bought a FSBO on their own, or went to an open house and wrote an offer with the listing agent. Sounds familiar? They would swear they would never work with a buyer unless they sign th...
09/01/2008
11 Comments
I have lauched a new group: BPO agents, where BPO and REO agents can share their experiences. Is there any special place in AR where I can promote my new group? What's the best way to promote my group? Any help is greatly appreciated. Eversince I was chased down the street by an irate neighbor, I...
08/30/2008
I believe the one thing that really scares me about REOs would be doing the initial occupancy checks. You never know who or what you are dealing with behind those doors. All for you experienced listing agents out there, how do you accomplish this time and time again? Do you do it yourselves, or h...
08/30/2008
I have just done my first BPO for RRReview and I got paid within a week! That's a breath of fresh air when all the other companies I work for pay in 30 days. A catch though, they only pay $40 for exterior BPOs. I just finished an interior BPO for them where initially they offered me $65, I counte...
08/29/2008
Rainer
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