I wholeheartedly disagree. While there are scams out there, the product at SellMoreREO.com is an excellent list of over 90 reputable asset management and bpo companies. And it includes information on how to sign up with each. Yes, there are other good lists out there too, but they cost a heck of a lot more than $25!
If you don't sign up with these companies, how do you expect to get their business? Or are you trying to say it is too late in the game to get involved?
While you are correct in saying that there are thousands of agents out there trying to get BPOs, not all of them know where to go. There are maybe 10-20 big names that everyone signs up, but ignoring the 80+ other companies that are out there is a mistake. And unless you know who all of those companies are, a list can be extremely helpful.
Think of ALL the foreclosures that are listed every day. We are looking at another 12-18 months of this market, so there is still plenty of opportunity to get involved.
Now back to William's question on becoming a listing agent, if you are talking about becoming a listing agent in general (and not specifically REO) I agree with Cindi-- Word of mouth is THE BEST way to pick up listings. Join your local chamber of commerce, build relationships with banks, mortgage brokers, insurance salespersons, etc. Work on the contacts you already have. A don't give up!!! I wish you great success!
Personally, I believe those agents that only list, have lost the ability to view a property from a buyers perspective. That makes it much tougher to know when to say "No" and walk away from an overpriced home.
Just my 2 cents. Good luck
Best of Luck.