I expected, like most others, that everyone would be announcing the success of the REOMasters Network charity fund raiser, "Club Tsunami" at the FiveStar Conference in Fort Worth.But since I haven't seen it posted elsewhere,REOMasters Network raised $27,000.00 for the Foreclosure Angel Foundation from the Club Tsunami event (City Streets Club, September 21st - Ft. Worth).Thank you to all who attended and/or participated. A great time was had by all and a very worthy charity organization was greatly served and supported.Please continue to stand with us as we gather the very best of REO agents, march forward and become a piece of the solution.There's much more to do, and none better to do it with, than YOU!Best of good fortune,Clay
Read more…
What an awesome seminar this was! Full of a ton of useful information presented in an informal, casual way that allowed all questions to be addressed on all topics.The highly experienced asset manager and top REO agent who were the presenters, were a wealth of knowledge and I felt it was very worth the time and money to attend.
Read more…
For the past 3 years my life has consisted of one thing - researching REO. Every aspect of REO that is. When you have thousands of members and clients that depend on your company for results it can be a daunting thing. Especially when the government makes over 20 changes to the TARP program within 9 months!The past 3 weeks have been dedicated to the development of our new levels of training (2 and 3) which are going to be geared towards the REO Masters Network directors. The way that this network is being designed resembles an undergraduate and graduate program. With the REOM being the "graduate" program I had to step it up a little bit with content. So, with that end in mind I began with a "State of the Market" initial presentation, ended with a "Future Projections" summary and then sandwiched some cutting-edge REO stuff in between. I should have given myself 3 MONTHS!I can say that I've learned a lot, which is always a great thing. I was kind of waiting-out the whole government involvement of real estate until the dust settled so as not to fry any of my mental circuitry. I watched from September 08 through March of 09 as colleagues were trying to decipher the realities of the real estate market, TARP, the Financial Stability Plan, "Making Home Affordable", HOPE NOW, and the mergers of banks left and right. In my little universe I was telling myself the whole time, "just keep track of everything, but don't try to figure it out yet". Whew! Glad I made that decision and stuck with it.Fellow professionals I'm here to say that this market is absolutely, undoubtedly one of the craziest markets in American history. Go watch some of the real estate market videos on YouTube of Mark Zandi of Moody's or Glenn Beck (whatever your personal opinion may be, these guys toss out some pretty indisputable stats).Oh, and if you have a couple of minutes, check out the Wall Street Journal's take on the history of the meltdown (there are 3 parts, but I'm only embedding part 1):OK, back to the think tank.Sincerely,Dan Waterman
Read more…
After reading a message Regina posted about nfsti's training and education I quickly went to their website www.nfsti.com to check it out. I wondered how they were any different than the other companies and how they're website compared to others. I'd browsed through it when I noticed their instructors and coaches are actual AM's and people in the industry who are experienced and up to date on the times. I was impressed to see the amount of advise and resources they offer. It's nice to see they're not like a lot of these other companies that are obviously a get rich quick scheme. I became a member over a month ago and love it. They offer REO courses you really should check out.Last week there was a conference call talking about they're 3 different levels of marketing and how nfsti and REOMasters Network are teaming up to provide some positive and productive marketing resources, tools and support for both AM's and REO Agents (both seasoned and new). I heard Jesse ask some great questions about their marketing plan along with a bunch of other agents looking for advice on how to get in with AM's - the good and bad, which helped to answer alot of questions I've had as an agent breaking into the REO industry. Their marketing strategy makes sense for both sides of the industry, REO Agents as well as AM's which is awesome. My opinion - it encourages us all to work together more as a team instead of people maintaining the gimme gimme attitudes. I'm hoping to be able to sign up for the Executive level and go through the REO 2-day courses. It is costly for someone like me who is breaking into the REO's but it's definetly worth it and will pay off throughout my business. As soon as I can invest in it I will. I'm looking forward to working my business as it grows while teaming up with great companies like REOPRO, nfsti and REOMasters.Check it out and let me know what you all think!
Read more…
