Birthday:
January 1
"Majority of REOs are being placed on major auction sites like Auction.com, Hubzu, Marshall... Or large asset mgnt firm with one agent acting as listing agent for all states. Accessing the properties to show had consistently proved to be so…"
"Jesse, Very well written piece. Wholeheartedly agreed with your insights. I routinely come across properties that 'owners' had not made a single payments for years (2-3 years typical, 5 years the longest so far). As of today, there are only 30 (yes,…"
"Jesse, Very well-written and reflective of the market.
REO inventory held-back had been a myth for past 3+years. Lots of small asset management companies had folded overnight without fanfare/notice; the bigger ones consolidated/rolled together. Look…"
REO inventory held-back had been a myth for past 3+years. Lots of small asset management companies had folded overnight without fanfare/notice; the bigger ones consolidated/rolled together. Look…"
"BOGUS. Got calls from them at least once every other month, asking for upfront payment $349. Don't throw your $ down the toilet."
"Did you ever get anything from them? I ha"
"Have you received any assignment for BofA? No new assignment since Aug 2011 despite "steller performance":). So unpredictable; hard to do operational plan and budgeting."
"I had been told that there is some kind of cap on # of properties assigned to BROKER/office (not per agent). So if there were more than one agent(s) in the same Brokerage, the cap would be imposed for all agents collectively. No assignment since…"
"Thank you much Crystal. Did not think of that- snail mail worked? vow!"
"Can you provide the link or tip on applying? I m in Northern CA. Thanks."
"Thank you for responding Omer & Crystal. OWB, out of all the asset mgnt companies that I had worked with, seems to be the most effectively run REO management. They move properties thru very quick; their asset managers are on the ball. I really…"
"It is a scam. The guy hang up on me when I had insisted for a physical address for their corporate; he had the audacity to call back the next day to give the same routine with different spin on it. He was 'honest' in his reply to my question that…"
"BAC also assigns listings tru Keystone, LPS, USRes (outsourcers). Comm. is reduced to 2% depending on price brackets (at least thru USRes). BAC pays 2.5% to listing agents, 3.5% to selling agents- at least on my listing assignments. Been a little…"
