The lack of REOs has caused turmoil in our industry. REO service providers struggling to survive during this drought. Make no mistake: Loan servicers, outsourcers, title companies, attorneys, field services companies, real estate brokers, and closing services providers are all struggling today due to lack of business volume. They are struggling to maintain their platforms, systems, employees, and capacity. I bought a franchise that has helped my survival. You will note several REO heavy hitter names involved below:

In only seven years, Sellstate has grown to become one of North America's fastest-growing real estate franchise companies, serving offices in 17 states. In addition to attracting many of the industry's mega-brokers in the default servicing sector (NRBA president Michael Krein, national REO coach/speaker Teresa Gordon, NRBA managing director Ralph Barone), thanks to a low-overhead business model that provides brokers a cost-efficient way to build assets while avoiding the hassle of administrative tasks. Sellstate's C.P. Technology is an exclusive system that reduces overhead and eliminates headaches for owners and agents by processing commissions and fees through the company's corporate office. Recruiting and retaining top agents is also made easier by the company's Agent Asset Development program, which gives agents the opportunity to earn 100-percent commission (95 percent to the transaction agent; 5 percent to the sponsoring agent). I am recruiting REO agents to assist in the distribution of large quantity REO and have the savy, manners and supportive culture to enhance my Sellstate office in Myrtle Beach. Any recommendations?

E-mail me when people leave their comments –

You need to be a member of REO Pro Network to add comments!

Join REO Pro Network