I have a way to assist you with this if your interested,
We here at Prospect Mortgage have partnerships as a preferred lender with the REO companies locally. We are pretty close to full with direct REO listing agents at the moment but I can you a great way to still get involved without wasting time cold calling on asset managers who wont bother getting back to you.
What we do is provide you the lists of REO's on the market with our partnered companies, including Homepath. I can provide you a list of these based on your area of interest specifically and what we do is allow you as an Agent, to schedule and sit at these properties for open houses. These listing agents have 100's of listings and cannot service them all.
We are Basically taking the reins and partnering with agents to do these open houses on REO's, with specialized high impact "bank owned" yellow open house signs and marketing materials. To drive your traffic, gaining buyers and we also can sit at them with you, doing pre approvals on the spot and turning them over to you as hot buyers.
Plus, once you get involved that way, and sell some of their properties, you have a much better IN to getting hired on as an REO listing agent too when spots are available.