How important is it that you belong to a REO organization or have a REO Designation (which have started popping up the last 2 years)? Is there a clear cut answer? I have talked to many people over the years about this. I have attended the Five Star Conference the last 3 years and I have been a member of the NRBA (National REO Broker's Association) for probably 7 to 9 years (not sure). The question you have to ask yourself, is what or how do they benefit you. I have found that the number one thing that they provide to you - is NETWORKING with other Realtors, Asset Managers, and industry representatives. You can not attend one of these groups annual meetings and not learn something that benefits you in your day to day operations. Their monthly newsletters and magazines are full of information that can and will benefit anyone in real estate. I have not personally worked toward any REO designations, but do feel that it would be a benefit to any Realtor (as long as the designations are offered by a reputable organization).
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