If you have your REO Systems in place and you are experiencing growth, have you considered an REO Team?
What happens in the first 24 hours of receiving an REO Asset?
In the past few weeks, I have received many questions from agents about what can a real estate virtual assistant do when they initially receive the asset. Real Estate Transaction Coordinators do many tasks. Listed below are the tasks that we can begin or complete in the first 24 hours of you accepting the assignment. [...]
BPO Tip
Completing accurate BPO’s are an important part of how asset companies grade you. One entry that is important is the distance. It may seem small but it is important. At times, it may be difficult to locate comps that are not within the specified mile range. You man be tempted to guess at the distance [...]
REO Transaction Task Lists
One of the keys to a successful REO Transaction is having an organized task list. I have talked to many agents who have the task list in their head. This may be good for some, but if you have the task list in a documented format – that is just one less thing you have [...]
BPO and MMR Services
ATTENTION REO AGENTS! Make this NEW YEAR the YEAR that you turn in all of your bpo’s and mmr’s BEFORE the due date! As a direct result you will increase your rating with the bank; make your asset manager happy and most importantly have a possibility to receive more REO listings! If you are bogged [...]
REO Transaction Coordination -Outsourcing BPO’s
What are the benefits to you as an agent if you outsource your BPO tasks to a real estate virtual assistant? 1. More time to be out in the field getting more listings If you are bogged down with doing BPO’s and do not have enough time for other tasks, why not outsource the BPO’s [...]




