Hi all,
Does anyone know how to apply to be an REO agent for BofA? It shows they have a Preferred REO Agent Network....do they only assign to RE offices or will they accept individuals??? Any help you can provide is greatly appreciated!
Thank you!
Hi all,
Does anyone know how to apply to be an REO agent for BofA? It shows they have a Preferred REO Agent Network....do they only assign to RE offices or will they accept individuals??? Any help you can provide is greatly appreciated!
Thank you!
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Toll Free: (888) 470-4770
www.AmericaBuysForeclosures.com
Here is the link to sign up for Bank of America. https://realestateagent.bankofamerica.com/baapp.aspx
I just got accepted and approved by Bank of America but I was referred by one of the brokers. B of A recently posted this on their site!
Justin,
Thanks so much for the link. I just signed up...let's see what happens!
BoA is best described as a very large onion, with many different layers. Each layer (better known as departments) has their own way of selecting their agents to work with. Some departments use 3rd party asset managements companies, so handle all their listings in-house with 3rd property property managers. And none of the departments talk to each other.
And don't ask who my contact is, or any other listing agent for BoA, they cannot tell you without risk of loosing their business. It's a very close group with un-published contact info, so the only way to get their direct contact info is to work with them. Sorry, but that's how they operate.
I got a call out of the blue from one of their REO VP's about 2 years ago (after the referral I mentioned above) wanting to know if I was interested in doing a BPO for them. They then had a 3rd party property manager call me with the addresses. Then there was a 2nd and 3rd BPO, finally my first batch of listings. I've since been hired as a local area consultant for a couple of projects, mostly research of properties pending foreclosure. But they have not released any new listings in my area since Aug or Sept, I guess.