REO Boom
eBook - ePub

REO Boom

How to Manage, List, and Cash in on Bank-Owned Properties: An Insiders' Guide for Real Estate Agents

  1. 463 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

REO Boom

How to Manage, List, and Cash in on Bank-Owned Properties: An Insiders' Guide for Real Estate Agents

About this book

Imagine having a proven how-to manual for cashing in on the next big wave to hit the real estate industry. That next wave is REOs—real estate owned, or bank-owned, properties that have been repossessed through foreclosure—and REO Boom is that guide.

Aram and Tim know REOs. They have over 7 years of REO experience, have closed more than 2,000 REO transactions, and have consistently earned over $5 million a year in commission income. Now, they want to show you how to take advantage of the coming REO waves and make millions.

In REO Boom, the Shahs present a comprehensive guide to making bank from the REO market, preparing you to break into the REO market and presenting a proven formula for success that's indispensable for even REO-savvy agents.

REO Boom includes:

  • A proven 90-day action plan for getting started

  • Insider secrets on what asset managers are really looking for

  • Step-by-step guides that walk you through the entire REO process

  • Tricks for completing a perfect BPO to guarantee you listings

    PLUS: Learn how to fund your business by using other vendors' money, and get the Ultimate REO Bank List FREE.

    The secrets in this book have helped thousands of real estate agents across the country break into and perfect the bank-owned listing game. Are you ready to cash in on the REO boom?

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    Information

    Publisher
    BenBella Books
    Year
    2011
    Topic
    Business
    eBook ISBN
    9781936661572
    Subtopic
    Real Estate
    Index
    Business

    Table of contents

    1. Cover
    2. Copyright
    3. Contents
    4. Acknowledgments
    5. Introduction
    6. [Part One]: Launching Your Reo Business
    7. [Part Two]: Managing Your Reo Atm
    8. [Part Three]: Making Reo Cash Withdrawals
    9. [Part Four]: Milking The Reo Game
    10. Appendix A: Your REO Resources
    11. Appendix B: REO Bank List
    12. Appendix C: Buyer Information Sheet
    13. Appendix D: Sample HUD-1
    14. Appendix E: Reimbursement Checklist
    15. Appendix F: The Multiple Offer Monster (MOM) Email
    16. Appendix G: Clean Copy Instructions
    17. Appendix H: Sample Listing Letter
    18. Appendix I: Monthly Marketing Report (MMR) Template
    19. Appendix J: Closing Checklist
    20. Appendix K: Sample BPO Form
    21. Appendix L: 90-day Action Plan
    22. Appendix M: Market Adjustments and Repair Costs
    23. Appendix N: Agent Sign-Off Sheet
    24. Appendix O: Sample Résumé
    25. Appendix P: Sample OCR Report
    26. Appendix Q: Condominium Estoppel Sheet
    27. Appendix R: Sample Bid Scope of Work
    28. Appendix S: BPO Photo Checklist
    29. Reo Brothers™ Glossary
    30. Index
    31. About the Authors

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    Yes, you can access REO Boom by Aram Shah,Tim Shah in PDF and/or ePUB format, as well as other popular books in Business & Real Estate. We have over 1.5 million books available in our catalogue for you to explore.