I am a seasoned agent, but somewhat new to the REO end of the business. If you had to pick between one of the two upcoming conference events, The Five Star Conference in September or REOMAC Fall Conference in October, which one would you choose? My goal at either conferences is to meet and foster relationships with as many REO (business generating) contacts as possible. I would like to hear from those of you who have attended either, or both, conferences. Thanks...
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From attendees who have gone to both, I have been told to go to REOMAC, if you are to only go to one, but try to go to both for full exposure. Sadly enough, I'm simply too busy to attend either, although I know I should.
REOMAC is much more organized than Five Star - also, REOMAC limits their membership which I think is very good. Of REOMAC's membership 33 1/3% are realtors, 33 1/3% are Asset Co/Banks and 33 1/3% are others such as property preservation, attorneys,etc. Once they have their ratio, new membership is closed, currently REOMAC is not accepting new realtors - I was disappointed at Five Star last Sept as there were way too many agents and not enough Lenders. Many of these agents were brand new or new to REO. REOMAC did start in southern Cal but has realtors throughout the country. However, both conferences can be beneficial and I attend both of them.
Just looking at these old postings...Did you attend the conference last fall and if so did you think it was worth it? I am thinking of attending the 5 star conference in Ft Worth (or Dallas) this september. Did you actually meet any asset managers, get to hand out your resume, etc? Just trying to figure all this out. Thanks for your time and response.
5 Star was excellent. Either one is educational and informative. It's like any educational experience, you get out of it what you put into it. Both 5 Star and REOMAC give you the opportunities.
I have been to 5star last year and was not impressed that much. All of the forums and Q&A sessions were over crowded and the attendees were herded like cattle from one room to the next. Made very few industry contacts outside of leave your card in the bowl. Could have saved the $2000 (for room, meals, transportation and conference fees) and spent the time surfing the web making contacts. I have heard that REOMAC is much better, but never attended... maybe this year. PS don't stay at the Anatole, you can get a rate much cheaper at nearby hotels.
Tom Gulisano
Raleigh NC
I signed up for the Five Star Conference,and I'm pretty excited. Not so excited to stay in the hotel at $220 a night, does anyone have a more reasonable nearby alternative they could recommend?
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Trust me on this.
Tom Gulisano
Raleigh NC
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