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  • Unless you list a property directly from the bank you will always pay a referral fee to the asset management companies. Asset management companies get paid by those fees and the reason why these companies are so popular is because most banks do not want to hire so many people that they will later have to layoff when the reo's disappear.
    • You are a smart man with an excellent answer. I like to see comments that make sense on blogs ..
  • I have never heard of Carrington Mortgage, but the 1% referral fee is typical with a lot of companies.
  • I have never worked with Carrington Mortgage but I currently have a listing for Atlas REO and they require a 1% referral as well. So it's not unusual for some companies to ask for this.
    • Kristi,

      How do you apply to get REO listings from Atlas?

      ellenbithell@remax.net

      Thanks in advance, !
    • How do you sign up with them or is there a contact number?
    • Hi Kristy

      I was wondering what it took to get on with Atlas REO?

      Thanks in advance
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