HUD is expected to award the REO Asset Management Contracts

Replies

- - Renee Przysiecki > Deborah Caruso October 6, 2015 at 8:14am
    
    Did Sage get the Michigan account?
Deborah Caruso July 13, 2015 at 11:43am

The award for 17 states happened over a year ago! And the tasks for the Listing Agents in AM 3.7 have changed dramatically! Anyone that doesn't have that information ( the changes) is going to be surprised to find out they are unprepared! I wish whoever keeps advertising that class saying 17 states are up for award would get their info straight!

Currently there are 33 states, DC, Puerto Rico and the US Virgin Islands waiting for awards to be announced. Those states are CO, UT, NM, TX, OK, AR, MS, MO, MI, IN, IL, TN, LA, AL, TN, KY, GA, FL, NC, SC, WV, VA, MD, DE, PA, NY, NJ, RI, CT, MASS, VT, OH, NH. There is nothing happening with the AM3.7 I have received no notifications from HUD at all. MY GUESS is that it will be the end of July the beginning of August. HUD has not announced "best and final" if HUD does that it will be longer until the final awards are made.
- Michael VDovick > Deborah Caruso August 18, 2015 at 6:25am
  
  Hey Deborah,
  
  Do you know if HUD announced awards yet? I live in MI and want to submit to become a listing agent (not a broker), can I still apply?
  
  Also, there is another agent in my company that does this already HUD listings - will they allow 2 agents from the same company (we have around 34 agents / brokers at my firm).
  
  Please let me know what you think, thanks. Have a great day and best of luck for the rest of the summer selling season!
  - Deborah Caruso > Michael VDovick August 18, 2015 at 8:26am
    
    Nothing has been announced, no discussions, not even a rumor. All we know is what Jesse reported before.
    
    So yes, the new AM's have not been announced so you have not missed the opportunity to submit a proposal to be a listing agent. However the current contracts are due to expire on 9/30 so I think it will be before then (but you never know).
    
    About more than 1 agent in the office, you might want to discuss that with your broker. The rules for the listing agents have changed a lot this time (3.7). I am still giving my prep class for 3.7, please reach out to Jesse if you want another offering for REOPro agents, and we can arrange for one.
    
    Abundant blessings!
    - Michael VDovick > Deborah Caruso August 19, 2015 at 5:20am
      
      Ok thanks, I will check back in a few weeks and follow up with Jesse to see if he wants to do another REOPro agent HUD webinar because I really want to be a local listing broker for them (and Fannie / Freddie too but I am not the broker / owner)
      - Deborah Caruso > Michael VDovick August 19, 2015 at 7:26am
        
        You don't have to be the broker to apply for Freddie or Fannie anymore either! Fannie is hiring now! And Freddie advertises every 2 weeks the counties that they need agents in!
        
        I think Jesse is going to set a date for another HUD training class. Keep your eyes open for the details! Abundant blessings!
        
        Debbie Darwin > Deborah Caruso August 26, 2015 at 7:52am
        
        Hi Deborah:
        
        To register for Fannie listings is it through Procure One? Thanks
        
        Deborah Caruso > Debbie Darwin August 26, 2015 at 8:13am
        
        yes
        
        Michael VDovick > Deborah Caruso August 19, 2015 at 7:40am
        
        Thanks, maybe he should also do ones for Fannie and Freddie to get setup with them! I just checked Freddie and they don't have any available in my area right now. Where should I go to get setup with Fannie?
        
        You are the best and I am really appreciate of your help! Have a great afternoon and rest of the summer!
        
        Deborah Caruso > Michael VDovick August 26, 2015 at 8:14am
        
        Procure one is the website for Fannie,

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