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New Vista REO

Posted by Ryan Whitney, RDCPro, CDPE, SFR on January 19, 2010 at 11:09am in Sample Title
I was wondering if any of you have had experience with New Vista.  For a while they were not accepting new brokers but recently started to accept new applications.  So, they make you fill out an application and if you are "approved" then you have to pay the $195 yearly fee.  The application also states that the approval and fee does not guarantee business with them.  I'm wondering if it's worth taking the chance or if this is just another fee and way to take advantage of all the new REO agents?

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Replies

        • Vitaliy Mikshanskiy > Justin Kim June 7, 2011 at 7:43am

          I'm thinking it should increase with Chase properties....

  • Anthony Cruz Jr. January 22, 2010 at 6:06pm
    Ryan.... New Vista notified me yesterday that I will be on a waiting list as they are not accepting new agents in my part of FLA.
    • Vitaliy Mikshanskiy > Anthony Cruz Jr. January 22, 2010 at 7:53pm
      Anthony, how long ago did you submitted your applc.
  • Vitaliy Mikshanskiy January 21, 2010 at 11:45am
    Ryan and Jonathan,
    I've just aplied and was wondering how long can take for approval?
    • Jonathan > Vitaliy Mikshanskiy January 21, 2010 at 1:40pm
      They are usually pretty quick depending on need. If they have a need in your area it shouldn't take more than 2 wks. If there doors are open. Get your apps in..
      • David Allen > Jonathan January 21, 2010 at 2:44pm
        I am in the process of completing the application, and had questions pertaining to Section 3:

        1. GCI
        2. Company Market Share - by percentage %
        3. Company Market Share - by number in market share

        Would you be able to provide assistance on what information they are looking for in these questions?

        Your help is truly appreciated.
        • Rose Mencia > David Allen January 22, 2010 at 3:41am
          Me too????? Pls advise??? Thanks!!! Rose---- rose.mencia@gmail.comm
        • Jonathan > David Allen January 21, 2010 at 5:35pm
          David, I m not sure what that means, the process must have changed since I signed up. However im assuming GCI stands for Gross Comission Income, company market share is what percent of total listings your company ie Davis Realty, KW Realty, etc , has compared to the number of homes on the market. There should be a contact email or number on their ap. Hope this helps
  • Richard J. Allen January 21, 2010 at 11:37am
    I just signed up, thanks for the tip!!
    • Juan M Cepeda > Richard J. Allen January 21, 2010 at 11:40am
      Richard
      I am cross approving for a listing in your zip code so that should be a good sign of inventory in that area.
      Good luck
      Juan
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