I have received several emails and contacts from agents asking about a newly formed group that is soliciting memberships by the name of US REO. They are asking for over $2000 annual in dues to "join their membership". Their benefits are nicely laid out on their web site and there is nothing there that I can see that is worth 10% of their $175.00 per month dues. I can find most of what they offer for much less or free for that matter. We network with other REO Pros right here so why would you want to pay them for this service? It seems like every one of these "member only" groups has a claim somewhere that would make you think that they can expose you to vendors and lenders to get REO Listings so let me ask you this, WHO HAVE YOU PAID TO GET LISTINGS? I have been listing and selling REO's for over 20 years and have never once gotten a listing from a pay to play or "platinum" upgrade from any platform. I get them the old fashioned way. I send out resumes and signe up for BPO & REO sights each and every month, month after month, year after year, and work my way up the food chain. I have two successful REO Branches and even in this slow time I am still listing and selling multiple REO's every month.
BUYER BEWARE....If someone wants you to pay an annual fee, monthly dues, or upgarde fee only do this when they can guarantee you work. I bet not one of them will make this guarantee. I know I have been there and done that and all I got was less money in my bank account. Getting listed on some directory on someones web site is NOT going to get you business. Good old prospecting will.
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