Rick Foxx replied to THOMAS STEWART's discussion The Caneel group
"I have received assignments, and closed properties with them.  They work portfolios for cooperative short sales.
 
You have to make sure your AM refers you as the agent when it goes REO, because after it is a cooperative short sale and you can't get…"
Oct 31, 2013
Rick Foxx replied to Andrea Windes's discussion REO Industry Directory ????
"You are better off signing up with the REO platforms and paying for premium membership., that is where most asset managers look for agents. 
Although the REO directory does help if someone Googles you looking for an agent in your area, shows up stro…"
Oct 2, 2013
Rick Foxx replied to Abby Nelson's discussion Fannie & Freddie
"If you are going to do REO and commit to it, you need to be the broker.
Getting set up with all the REO accounts is work enough without having to do it all again if you switch brokerages."
Aug 31, 2013
Rick Foxx replied to CECILIA D FOX's discussion OK - So I'm nuts. RES.NET
"Dropped my pro membership yesterday, not getting listings from it.  "
Aug 10, 2013
Rick Foxx replied to Margaret Loudermilk's discussion ServiceLink Partners with the FORCE
"Just refuse to pay to play.  
I was in (un-named organization)  for 2 years, and my best clients came from Equator or referrals to REO from loan officers that we sent business to at banks.
Nothing really to offset membership costs ever came out of i…"
Jul 25, 2013
Rick Foxx replied to Brent Wilk, SFR, 5 Star's discussion 5 Star Institute/Force
"Everyone got that email, if you are anywhere on 5 Stars email list,you received it.   Just another way to get in your pocket and maximize 5 Star's income before REO slows even further."
Jul 11, 2013
Rick Foxx replied to Wayne Gebhardt's discussion RES.net or Equator certification upgrades
"Probably Equator."
Jun 6, 2013
Rick Foxx replied to Rose Mencia's discussion New Vista no longer offering listings/Reos....
"REO inventory is rapidly shrinking, FNMA no longer uses outsourcers, seems like a natural progression.
 "
May 22, 2013
Rick Foxx replied to Jesus (Jesse) Gonzalez's discussion REOPro Makes the Agent the AMC
"Which platform is this based on?   Something already existing or completely new?"
May 1, 2013
Rick Foxx replied to Rick Foxx's discussion Hedge Funds geared up for REO-to rental - hiring brokers and agents for aquisitions FL-TX-NV-AZ-CA
"Had another meeting yesterday morning with the Aquisitions Manager for Tampa Bay, here's the update:
 
-Agent/ Brokers are needed IMMEDIATELY in Central and West Florida. (Tampa, Lakeland. Orlando, etc) 
-Aquistions Managers in ALL OTHER states are…"
Apr 5, 2013
Rick Foxx replied to GerryPagano's discussion Short sale Leads
"Mailing is only a waste if your mailing piece is poorly written  -- a well executed mailing will produce.
Credit bureau leads can be purchased DIRECT from Experian and Transunion, the reason to use a reseller, is because the minimum is $2500 if you…"
Mar 31, 2013
Rick Foxx replied to GerryPagano's discussion Short sale Leads
"Try to buy a list of credit bureau leads, homeowners that are 30-60-90-120 days down.
Used to get them from list sellers at www.brokeroutpost.com , that is a mortgage broker website/forum.   Probaly 10-20 cents a name, but they aren't yet defaulted,…"
Mar 21, 2013
Rick Foxx replied to Rick Foxx's discussion Hedge Funds geared up for REO-to rental - hiring brokers and agents for aquisitions FL-TX-NV-AZ-CA
"If you registered for Florida, please watch your email tomorrow for instructions on contacting the Aquisitions Manager direct.
Please only send one email with the subject line to read "Florida REO Agent/Broker Referral - Default Solutions Network"
W…"
Mar 20, 2013
Rick Foxx posted a discussion
Short sale negotiator at lender asked if borrower want to accept or decline a HAFA review.Any benefit to declining, or accepting?  There is no 2nd mortgage in the way, so there is no need for the HAFA incentive to the 2nd to release the lien.Any com…
Mar 11, 2013
Rick Foxx replied to Rick Foxx's discussion Hedge Funds geared up for REO-to rental - hiring brokers and agents for aquisitions FL-TX-NV-AZ-CA
"Agents - that registered for AZ, NV, CA, and TX at http://www.default-solutions.net, please make sure your zip codes and profiles are complete, thanks for your participation.  Photo/headshot has also been added, it will make your profile stand out.…"
Mar 5, 2013
Rick Foxx posted a discussion
We were recently contacted by a hedge fund here in Florida (sorry, we cannot specify the name) to both source properties for them, and to send them our listings that meet their purchase parameters.We went immediately under contract on a property - a…
Mar 3, 2013
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