Dee Dee Jones Real Estate Blog: to REO AGENT DIRECTORY PARTICIPANTS

I have not used the site because they seem very vague as to what they can do for you.

I agree Dwayne that is exactly why I want to know if anyone has had a good or bad experience.

Dee Dee I would be curious as well to find out if this has ever delivered anyone any business. I get at least an email a well from these guys.

FYI - the realbird widgets you have added in the side bar are making your site come to a crawl. You will end up losing visitors. I ahd to wait at least a couple minutes to leave this comment :)

Thanks for the info on the widgets, Ill remove them

Mmmmm. The name looked familiar.  So, I tried to search for myself, but I couldn't find myself.  There's no way to search by name.  That's curious. 

I just want all of these directiries, lead machines to go away and get out of our way on Google. 

I want to be my own lead machine.

I have not signed up for this one, but i did sign up and pay for a few others which i will not name. and did get some bpo's and two listings. I also found some great information at http://www.agentbrokerforum.com  about reo and bpo companies.

 good luck.

I agree with Matt, some of them are worth the time and money as it adds to your exposure on the internet. If an asset manager can find me on a website other than my own and it's REO related why not?? It's a complete gamble paying for the upgraded membership but sometime you have to try different things. I would try to find the one that looks professional and is fairly priced like the one I found at this website. www.bpoaccess.com

I've signed up with a few places and no luck.  I just got an REO listing when someone found me on google. You can't beat that!  MATT - Thanks for the link to AgentBrokerForum.com I will be checking it out!

I agree with lisa, it is totally a gamble. But I can say that I did signup with www.AssignREO.com and after about a month or so got a call from a bank looking for REO agents in my area. He said that he just did a search for REO agents in my zip code and it showed up! It worked for me...

Good luck to all

I dont see the reason to pay to be part of these directories in the hopes of maybe an Asset Manager contacting you, when you could just contact the asset managers directly yourself by using the REO Intelligence database that is out there.

If any of you dont know what it is you are really missing out if you want to list REO. Your money would be so much better spent on this database than on these directories.  

Here is their website. www.reointelligence.com

We were members of REOtrans and it was actually worthwhile if you wanted to work through doing BPO's at $50-%75 each and working your way toward getting some listings.  Some agents I know have progressed that far...my husband and I decided the BPO's were too much work and gas for our fairly rural area for what you got and it was better to focus on actual clients but everyone has a different opinion!

REOtrans, res.net, and a couple others are absolutely neccessary when listing REOs because the lenders actually use these portals to facilitate all their assignments to agents. REOtrans is the biggest. Many lenders use them to track all listing assignments and documents.

I was referring to directories that are just basically a place to display your resume.

Hi there:

I just recently purchased a list of over 1,000 REO assets managers.

This is list is what got me started in the REO business. I thought I would share the info with you:

http://tinyurl.com/dj7gbk

I wanted to share this free list of REO asset managers and there website information that I got.  I signed up with just about every one of them.  Now in less than three months I have plenty of BPO's and two REO listings, one of which is already in contract.  Just do what ever you can to get started and be patient.  Good luck.

 

Company	Link
Accredited	http://www.accredhome.com/
Assetlink	http://www.assetlinklp.com/
Atlas	http://www.atlasreo.com/index.html
Aurora	www.res.net
AVM	http://www.assetval.com/
Badisso	http://badisso.com/
Bankers Assest Management	http://www.bankersassetmanagement.com/
Bank of America	http://reointelligence.com/uploads/bank_of_america.pdf
Bayview	http://www.bayviewfinancial.com/
Brighton Real Estate	www.brightonreo.com
CalReo	www.calreo.com
(CMS) Carrington	www.carringtonms.com
Chrisley	http://www.chrisleyam.com/
Citi Financial	https://oms.citiresidentiallend.com/oms/jsp/login.jsp
Countrywide	http://my.countrywide.com/BizPartners.aspx
Electronic Mortgage Corp. (EMC)	https://www.emcmortgagecorp.com/EMCMORTGAGE/
Equity Pointe	http://www.equitypointe.com/
ETC REO	http://www.etcreo.com/
Executive	http://www.executiveam.com/general/registration.cfm?ContentItemID=Registration
Fannie Mae	https://www.efanniemae.com/is/npdcvendors/index.jsp
Fidelity (LPS)	http://www.fidelityasap.com/registration.aspx
First American	http://www.firstamreo.com/application.asp
First Preston	http://www.firstpreston.com/re_broker_registration.asp
AHMSI (First Option)	https://ahmsi3.com/servicing/home.asp
406 Partners	www.406partners.com
GMAC	REOTRANS.COM
Green River Capital	http://www.riocentral.com/prospectivebroker.aspx
Group Financial	http://www.grpcapital.com/contact/index.html
Goodman Dean	http://www.goodmandean.com/
HSBC	http://www.reotrans.com
Home Eq	http://www.homeq.com/reo/reoProperties.do
Integrated Asset Services IAS	http://www.iasreo.com/workwithus.aspx
Indymac	http://reo.indymacbank.com/reo.ext/presentation/BrokerApplication.aspx
Land America	http://www.lendersreo.com/application.aspx
Lighthouse Real Estate Solutions	https://extranet.lrescorp.com/vreg/index.cfm
Litton Loan Servicing	https://www.littonreo.com/litton/DesktopDefault.aspx
Loan Servicing Solutions (LSS)	14
Keystone	https://www.keystonebest.com/agent_login/agent_login.asp
MDWEBB	http://www.mdwebbinc.com/contactUs.aspx
Nationstar Mortgage	https://www.nationstarmtg.com/Realtors/RealtorApplication_Step1.aspx
Metro Pacific REO	http://www.depotpoint.com/news/?p=126
National City	http://www.nationalcitymortgage.com/
Nations Reo	http://www.nationsreo.com/brokers.cfm
National Default NDS	http://www.defaultservicingllc.com/become_broker3.htm
New Vista	http://www.newvistareo.com/app.php
NPR Capital	http://www.nprcapital.com/
NREOB	http://www.nreob.com/Public/Registration/Broker/RegistrationAgreement.aspx
Ocwen	http://www.ocwenbusiness.com/bs_loanservicing_res_bi.cfm
Old Republic	http://www.oldrepublicdefault.com/Default.aspx
Olympus	http://www.olympusasset.com/agent/agentdata.php
Owen REO	http://owenreollc.com/index.asp
Phoenix	http://www.assetonemg.com/Website/coprofile.htm
Premiere Asset Services (PAS)	http://www.pasreo.com
PMH Financial	http://www.pmhfinancial.com/Registration.htm
PNC	http://www.realtyservices.pnc.com/
Premiere REO	http://www.premierebpo.com/premweb/Home/ContactUs.aspx
Real Estate Disposition Corp. (REDC)	http://www.redcgroup.com/index.html
Reo Experts	http://www.reoexperts.net
REO World	http://www.reoworld.com/
REO Financial Asset Services	http://www.reofas.com/
Single Source Property Solutions	https://www.reotrans.com/index.cfm?
SNSC	http://www.snsc.com/ReoPropertiesBroker.aspx
Sun Trust	http://suntrust.res.net/
Tactical REO	https://www.disposolutions.com/clientlogins/dst/default.aspx
US Bank	http://www.usbank.com/
USRES	http://www.usres.com/vendors/real-estate-brokers/
Wachovia	http://reo.wachovia.com/wbreosubscription.aspx
Washington Mutual	http://www.wamuproperties.com/
Wilshire	https://www.wcc.ml.com/Homes.aspx

 

 

Thanks for the links.

There is a new list of REO Home for Sale web site for everyone to use:

1. http://www.altisourcehomes.com

2. http://www.gohoming.com

 

 

Regarding REOAssign.com

having read some of the articles...I signed up as a Lifetime Member at REOAssign.com and a Featured agent...I received 3 listings in 5 months, not bad but it certainly paid 100 times over for the cost of joining REOAssign

It's a gamble but well worth it...if you ask me...

 

 

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thanks for everyone sharing info! I haven't tried any of the paid services yet - I did get a lot of BPO work from Land-America before they BK'd

Resnet.com and ReoTrans.com now called Equator have been excellent sources

I signed up for BPO  with USRES which I do for free the first year with them was great it is a little slow now however, they kept me busy for two years, looing for other work now. The list provide by John  was a good one.

There are some really good sites out there with free lists like www.bpolist.net, their list is free and they have all of the top companies.  I have signed up with several and am gettting fairly steady work.  It does take some time to sign up with each company but is well worth it.  Good luck.

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I registered at REOAssign.com back in Jan. 2010...nothing for 2 months and then ....I got too busy from their leads...its cheap in comparison to the money you can make back...