May 24, 2024


Mad about real estate

How To Get Reo Listings – A Reference Guide

If you are a real estate agent and are looking to expand your career and become an REO agent, you will need to get your hands on some REO listings. In this current poor state of the economy, REO listings will be especially valuable to you. However, because they are currently of higher value, everyone is looking to get one and they will be harder to come by. In this article, we will go over how to get REO listings. 

In order to acquire REO listings, you will need to be good at networking and you will need to promote yourself. A website is a great way to promote yourself as an expert on REO properties. Document your experience and give yourself credibility. You can include this link with your contact information in your correspondences with lenders. This will make you stand out from other agents and the lenders will be more likely to give you listings. Another thing that you should do is build a list of lenders to contact. Subscribe to a source on the web that lists contacts and add those contacts to your list. Go through this list and contact each lender. Call or write to them on a regular basis. Introduce yourself, promote yourself, and leave your information. The most important rule to follow when you are looking at how to get REO listings is to put yourself out there and don’t be afraid to network. 

If you follow the suggestions outlined in this guide on how to get REO listings, you should be able to get some good quality listings in due time. Just remember that self promotion is the key and network, network, network!