Andrew Einsmann

Over 2016, Goldman Sachs has become a major player in the default loan industry buying all the bundles of Fannie Mae loans throughout the year. I have noticed that the properties are now starting to pop up in my area but the agents are from about a…

"From my experience equator was only really good for working and corresponding to banks for Short Sales. I never got a single listing from them on the reo side furthermore I never was contacted by them."

"I can look at both sides of this coin regarding the rude REO listing agents. I am in the D.C. area. I have worked with some agents who literally never return any phone calls, never have more then one phone on the MRIS, so cheap that the actually…"

Hey Andrew,

Simple, it took a referral...... from the lawn care guy! That got me in the door to a local bank. That asset manager knew an asset manager at BoA and gave me a referral. That opened the door to do a couple of BPO's. I didn't get the first round of listings, but stayed in touch. Six months later I got a second chance for BPO's and got that group of listings.

By working my backside off for them, BoA hired me as a consultant to do some research and BPO for a large subdivision of foreclosures. They needed some research done as the builders were contesting the foreclosure and all the properties were going to be tied up in court for a year, so they wanted to pay for the work I would normally do for free as part of the listing.

Now I'm working my asset managers to refer me to other asset managers within BoA. Hopefully that will open the door to more business.

From what I have seen is that they often pick at random a local agent to do BPO's, and then they make a decision off the BPO quality. So if you get a request to do one, go overboard!

Good Luck!

Comments

Brian Richard November 19, 2010 at 7:59am

Andrew, You mentioned before you have AM client info to share - I would be willing to exchange info with you. I am in San Diego County.
REO@RichardRealtyGroup.com
Brian Richard
chris fuelling July 5, 2010 at 8:21pm

I wanted to connect with you, since we are in the same industry. I am the founder of www.TheModPost.com, a web based, private labeled software system for loan modifications and short sales. It has NPV, HAMP, and HAFA Tools...ability to auto-generate docs and more. Do you currently use web based software?
Cesar Khandjian September 28, 2009 at 1:03pm

Andrew,
I dont have any to exchange at this moment that I have a budy budy realtionship with, I got some of the asset manager emails, but once I have some I might be able to share with you.
You can always try investing sharing with me that information and introdicing me to your AM, it might pay off when you less expected.or if not what do you have in mind?.
My email is Cesar@irealhomes.com. or 760-535-4429.
Steve Adkins September 3, 2009 at 2:27am

Hey Andrew,

Simple, it took a referral...... from the lawn care guy! That got me in the door to a local bank. That asset manager knew an asset manager at BoA and gave me a referral. That opened the door to do a couple of BPO's. I didn't get the first round of listings, but stayed in touch. Six months later I got a second chance for BPO's and got that group of listings.

By working my backside off for them, BoA hired me as a consultant to do some research and BPO for a large subdivision of foreclosures. They needed some research done as the builders were contesting the foreclosure and all the properties were going to be tied up in court for a year, so they wanted to pay for the work I would normally do for free as part of the listing.

Now I'm working my asset managers to refer me to other asset managers within BoA. Hopefully that will open the door to more business.

From what I have seen is that they often pick at random a local agent to do BPO's, and then they make a decision off the BPO quality. So if you get a request to do one, go overboard!

Good Luck!

This reply was deleted.