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Equator


sorry if I'm posting this in the wrong place. I've recently decided to revisit the REO direction for my business. 

I've been looking at the equator platform, but I have my doubts about anything you have to pay upfront in this industry.  Anybody have recent experience with equator?

My experience with equator was during the housing crisis, and I was on the other side of the table, I was helping homeowners with short sales.

Thanks for any help!

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Hello, REOPro Network Members!

Did you know that one of the most valuable resources we offer here at REOPro Network is our member-contributed list of REO & BPO companies? With over 17,000 professionals in our community, this list is a goldmine of information, helping you make informed decisions about the companies you choose to work with. But, there's a chance you might have missed it—so let's make sure you know exactly where to find it and how you can contribute!

How to…

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As we approach the 2024 presidential election, there’s growing speculation about its potential impact on the housing market. Historically, the year following a presidential election often sees an increase in home prices and the number of homes sold. This trend, combined with current economic factors, might signal a post-election bump in the housing market.

Interest Rates and Buyer Sentiment…

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As the foreclosure real estate market grows, so do the opportunities for scammers to take advantage of REO professionals. At REOPro Network, our mission is to support and protect our members by providing reliable information and fostering a community of trust. Recently, we've seen an increase in inquiries about the legitimacy of certain asset management companies promising REO leads and listings in exchange for fees. It’s crucial to stay vigilant and informed to avoid falling victim to these…

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Gratitude for an Amazing Year of Growth and Success!

As we wrap up the year, I want to take a moment to express my heartfelt thanks to the incredible teams that helped make this year such a success. 🙏A big shout-out to BPO Photoflow for their exceptional work in capturing detailed and professional photos of our subject properties. Your expertise in photography has been invaluable in ensuring that our BPO reports are thorough and accurate. 📸And a huge thank you to the RE Processor Team for handling our BPO data entry and streamlining the…

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Back In REO After 10 Years Out!

Hi Everyone, What a Great Group. I've enjoyed this forum.   I was a Full-time REO broker for 18 years.  I left the business 10 years ago, and went into the ministry.  I am ready to get back into the REO business Full Force again.  But so much has changed. What I need to know is the playforms I need to be part of again.. When I left, it was Equator, Res.net and a few others.  However, I just don't know where to start, and I Can't Every remember to many Asset managers names.  I'm working with a…

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3 Replies · Reply by Gary Altizer Nov 18, 2024

Wells Fargo Reverse Mortgage REO

 Does anyone know what Wells Fargo's disposition plan is for it's REO's nowadays?  More specifically for a Reverse Mortgage they foreclosed on.  I did a lot of work with Premeire Asset Services back in the day, but I think they're outsourcing now.  Just trying to figure where to.  Thank you!

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1 Reply · Reply by Gary Altizer Nov 25, 2024

The Nation's Largest REO & Default Network

REOProNetwork.com is a premier online platform for real estate agents and professionals specializing in the sale of distressed properties, such as bank-owned properties, foreclosures, and short sales. Our website provides a wealth of resources, including industry news, education, and a marketplace for REO listings. With our forums and groups, you can easily connect with other professionals in the industry and exchange knowledge and experiences. Our goal is to help real estate professionals grow their expertise and network in the lucrative REO market. Join us today and start expanding your reach in the distressed property market!

 

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As we wrap up the year, I want to take a moment to express my heartfelt thanks to the incredible…
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