Foreclosure in Morrisville>Question Details

Amy75, Other/Just Looking in Morrisville, NC

I would like to start a trash out business in the area and am not sure how to market my business to mortgage

Asked by Amy75, Morrisville, NC Wed Jun 17, 2009

companies. I have everything in place and am ready to begin just need to know where to start marketing for REO's

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Mike is right. The REO listing agent is the one who gets the bids for the trash out, so they are the ones who decide who is even considered for the business. There are at least two bids, and the bank that foreclosed on the property picks which one to take. Almost always, it is the lower cost bid. On occasion, they will take the better contractor, the one who leaves the place in showing condition, and does what the Realtor needs to get the home sold.

I am a member of http://www.REObroker.com, that has some of the top REO listing agents in the country. If you would like to contact me, I can give you the names of some of the agents who do most of the REOs in this area.
Web Reference: http://www.ShortSalesR.us
0 votes Thank Flag Link Wed Jun 17, 2009
Amy-

I also agree with the guys on this one. Your best bet is to find agents who specialize in the foreclosure market and see how to get into their circle of contractors!

One other source that you may want to try is to get qualified by HMBI. Thier website is http://www.hmbiweb.com and they have a place to learn how to become a contractor for the HUD foreclosures.

Best of luck to you with your business!
0 votes Thank Flag Link Fri Dec 18, 2009
Amy,

I would think you would benefit by marketing to REO listing agents as much as chasing bank clerks.
Web Reference: http://MikeJaquish.com
0 votes Thank Flag Link Wed Jun 17, 2009
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