We're already seeing the ramp up from our Asset Manager and Lender clients. The BPO requests and new REO listings are steadily ramping up - and we've been told to expect more.
Â The housing double dip is coming.
I guess that's why I'm amazed when agents tell me they don't think they should Register With Banks for REOs.
Some agents are under the illusion that banks aren't accepting new agents. While that may be true for some of the very large banks, many of the mid sized and smaller banks are accepting new agents every day.
If you are going to register with banks, don't waste your time registering with the big banks or the banks that you can find on "free bank websites." If you really want to succeed, you'll have to spend about $100 to a service that keeps a fresh, updated list of hundreds of banks. Remember, the free lists are worth exactay what you pay for them nothing.
You can see my recommendations of the best lists here: http://www.reobanklistreviews.com/
Don't be fooled that banks aren't accepting new agents. Go out and make some money.