Q: Why do I need Real Estate listings?
Ans: To become a successful Real Estate Agent you must have Real Estate Listings in your portfolio. Having listings also brings you more buyers. A successful Real Estate Agent carries 75-200 listings in their portfolio. Listing portfolios of 80 to 200 properties ensure you to have 7-15 closings every month. Now! You do the math, if you had 7-15 closing per month you would be make $15K to $35K month after month.
Q: Why would I Complete BPO’s (Brokers Price Opinion) for Bank when I can just do REO’s?
Ans: Completing BPO’s for various banks builds your skills in pricing REO listings right according to the market. NOT pricing REO properties right in the market will reduce your chances of getting REO listings. Banks also like to see that you have completed BPO’s and are ready to list REO properties for them in your Local Real Estate Market.
Second Benefit of completing BPO’s is that you would be able to make $150 to $250 per day by just completing 4-6 BPO’s a day. Many Real Estate Agents do BPOs so that can make additional $50k to $80K per year in income.
Here is an Example: An average agent can complete 5 BPOs every day. Average exterior BPO pays $40 to $50 per BPO, so $40 x 5 = $200 per day x 7 days = $ 1400.00 per week x 52 weeks = $72,800 per year.
Q: Do Cold Calling & Door knocking works to get listing?
Ans: Yes, cold calling and door knocking does work but it is a very time consuming process and takes productive time out of your daily schedule. BY listing REO properties you would save your time and money. Banks call your to give REO listings and you DO NOT have to sit in the office cold calling for listings.
Q: What is an REO property?
Ans: An REO property is also called Real Estate Owned. Once the property is foreclosed and bank takes title on the property at that time property becomes an REO (Real Estate Owned).
Q: What is a Short Sale?
Ans:Short sale is a process when a bank agrees to settle for less than what they are owed.
Example: A distressed home owner has a mortgage on the house for $400,000 and present home value of the house is $350,000. In order for Home Owner to sell the property and pay of the defaulted loan they would need to do a short sale and request the bank to take less money so they can sell their house.
Q: What do you get when you buy our package?
Ans: Our package provides you with all the necessary tools, study material, List of banks, asset management and BPO companies. This will save you time as we have done all the research and leg work for you. You can focus on getting listings and make you money.
Q: Does our system work?
Ans: Yes, our system works and it provides you step by step process on how to list and sell Reo Properties. See the testimonial section for details.
Q: How do I receive the REO package and study material once I have purchase it?
Ans: Once the purchase is complete you will be able to download instantly your REO study guide ebook with entire system that you will need to become successful REO & BPO Agent. You will receive an email from [Secure Delivery]. If you do not receive the email within minutes of your purchase, check your junk-email folders. Please note that we DO NOT provide any hard copies. This is an digital product.