3 Secrets to Becoming a REO Agent.

For many of you who read my blogs often, this blog is going to sound like a broken record however, it’s choc full of good stuff so, glance over it anyways….why not?

Get Noticed,

Too many agents are going around, belly aching about how they can’t break in. They applied to 5 BPO companies and it’s been 2 weeks later and they haven’t heard anything or gotten 1 assignment. They can’t put in resumes with REO companies because they require at least 3 referrals and they don’t have that kind of experience. To all this moaning and groaning I say………and your point is?

If you are following the same routine as the thousands before you, then don’t expect any different of an outcome than the thousands before you received. Those of you who know me well know I have a television on in my office. Most of the time it’s glued to Fox News (yes…I watch Fox News and love it!) however, this one time I was watching Big Cat Diary and they happened to be following this herd of Wildebeest. The reporter was commenting on how they had to cross this river and it was very dangerous because it had 40 ft. long crocs in it. It was amazing to me to watch these thousands and thousands of animals crossing the river almost in a single file line, nose to rear. One after the other was getting gobbled up yet, none of them thought to themselves, maybe if we cross up stream less than 100 yards, it would be safer because the water was noticeably more shallow. Granted, these are just beast and, I know that but, it illustrates a very valid point. Many of you…..most of you are just following the herd. You don’t know to look up and around to see all the different resources available to help you successfully break into this business. You are so pre-occupied with what is beneath you that you don’t know or can’t look up and see a safer crossing up stream. What amazed me even more about this episode was, every once in a while, a lone Wildebeest would stop at the edge of the river, see it was just too deep, look up river and crossed on his own in shallow water….SAFELY!

My suggestion is to look up, see the resources at your disposal, don’t act like the herd! Write blogs, add forums, comment on others blogs and forums, contribute and you will get noticed. Start creating your reputation in this industry without ever leaving your office. I am afraid that just too many of you are too busy to look up and see the alternative route to the other side. Many of you will fall victim because you can’t look up, you won’t look up or, your just not cut out of the same cloth as those who do look up.

Provide Excellent Service,

Status quo isn’t good enough, it isn’t, trust me. This industry wants to be wow’d and, if you arent’ wow’ing it…….you aren’t wooing it. I know, that last sentence was a bit strange.

Let me put it this way. Just doing BPOs, just doing assignment, just doing, isn’t good enough. Excellent Service is Extraordinary Service and it’s that “extra” that makes all the difference. Yes, that was a reference to the movie Waiting and, if you haven’t seen it, you need to but, don’t go see the edited version…..you need to see the directors cut.

AMs and Pre-Marketers have seen it all so, what are you going to do to stand out. Granted, you’re most likely not going to write your resume on pink paper and spritz it with White Diamonds by Elizabeth Taylor but, you can do other things like, create a Personal Default Website that emphasizes your experience, knowledge and work area, that has always brought me luck. Maybe you can include your business card at the end of your email so if I want to add you to my contact database, all I have to do is click it once and boom, it automatically adds itself with no real effort from me. Maybe you could start writing a weekly column or contributing to a regular blog and help other with what you know. My point is, you can do a lot, why not?

Ok, now I am starting to rhyme….I got to end this or this is going to become some strange screenplay about a homicidal maniac realtor who talks to ghost.

Become an Expert,

This is the hardest thing to do because it takes a long time. Take what you know, publically share that information or, at least selectively contribute to our industry over a long period of time and you just became an expert. Depth of knowledge plus longevity equals expert.

Whatever you do, don’t become a schamiel because every schamozel will be out looking for you to tag on.

On a personal note, I am sure I butchered the spelling of those yidish words but, my spell check didn’t have them in the database so, forgive me but, I do now what they mean and they are used properly, at least so I believe.

E-mail me when people leave their comments –

Jesse Gonzalez is a highly accomplished and respected real estate professional with a wealth of experience in the industry. With a career over 15 years, Jesse has established himself as a leading real estate sales and marketing expert.

As a licensed real estate agent since 2005 and a broker since 2008, Jesse has a comprehensive understanding of the complexities of the market. In 2013, he founded his firm, Liberty House Realty, LLC demonstrating his entrepreneurial spirit and commitment to delivering exceptional service to his clients.

Jesse's expertise extends beyond traditional real estate transactions. He obtained his Registered Appraisal Trainee in 2019, providing him with valuable insights into property valuation and market analysis. Although he decided to focus primarily on sales, his appraisal background gives him a unique advantage in understanding the intricacies of property values and trends.

With a dedication to excellence, Jesse consistently achieves outstanding results for his clients. Last year alone, he closed over $20 million in sales and received the prestigious Sapphire Award from his local association, recognizing his exceptional achievements in the industry.

Beyond his successful career in real estate, Jesse is passionate about education and personal growth. He is completing his undergraduate degree in Forensic Psychology, with plans to attend Law School in the fall of 2024. Jesse's ambition is to become a real estate litigator, focusing on real estate consumer protection law and advocating for the rights and interests of homebuyers and sellers.

As the owner/operator of the nation's largest social network for REO professionals, <a href="http://www.REOProNetwork.com">www.REOProNetwork.com</a>, Jesse has positioned himself as a thought leader and industry influencer. Through this platform, he fosters collaboration and knowledge-sharing among REO agents, attorneys, asset management firms, and other professionals in the field.

With a commitment to professionalism, integrity, and providing a personalized experience for his clients, Jesse Gonzalez is a trusted advisor and a driving force in the real estate industry. Whether assisting clients with buying or selling properties, he consistently goes above and beyond to exceed expectations and ensure successful outcomes.

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Comments

  • to get a following on your blogs, you got to write about stuff people want to read about. I know that sounds smiple but, it's true. If you are a default Realtor, write about your experience, develop an opinion, justify your thoughts and lastly, create some waves.
  • Its 7.30 here in las vegas after my first class ever with 5 star's Short Sale Summitt. and of course filled with new Reo and old Reo agents. Major question was " how do I Break in ". Answer was : Be Extra-Ordinary, you can not be Ordinary. if they 48 hours , do it in 24, re-do your resume, re contact your AM, maybe he moved up or moved on, research if the AM company has a great amount of inventory in your area, if they say 20 pictures send 30. add a Flip video. Search the future foreclosure lists and call AM , and inform them that the property is in your area and you are ready to service it . Be pro active , not reActive , and the best one, learn and share with others thru networks , just like this one. you could refer youselves thru others in other areas. there is going to be so much bussiness that they will be looking for outsatanding agents, that network with other just like you. in the most part you can only handle Reo's that are w/in 30 miles or less from your office location. Share the High's and the Low's, what works and what does not, Thru Networking/Blogging. And yes you should focus some of your efforts on short sales, specially this year. as they said at the end of the first day here : SUCCESS OCCURS WHEN PREPARATION MEETS OPPORTUNTY!! Good luck.
  • Jesse: great blogg...love it,..
    now can you suggest how to start a blog so you get a following?

    betty
  • until you make a contact with someone who really wants to work with you and help you, that's how long you got to keep doing "it".

    The thing to know is you got to make people want to work with you.....that means becoming the expert. that means developing a depth of knowledge that most can't holde a canlde to and have the experience and longevity to really substantiate that knowledge.
  • Jesse, I feel like I have been doing all the information you suggested above and still haven't been able to crack into the REO arena full time. Sometimes I wander if I should also be focusing some my efforts on short sales to supplement my business. How long should I expect to working on building my business before it takes off? Maybe I am doing something wrong, but I am dedicated to making it work.
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