How do I get REO listings?

Asked by Joel & Audrey Martinchek, Cheboygan, MI Fri Oct 30, 2009

Can I get on the list so I have a chance to list the forclosures?

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Jillian Lopez, , San Diego, CA
Wed Mar 23, 2011
I would also suggest reo prep. You can also get short sales through them which is pretty neat.
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Scott Jensen, , Charlotte, NC
Sat Sep 18, 2010
There is a facebook group set up that updates some of the best REO deals on the market throughout the day - Called Charlotte Discounted Real Estate Page -…
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Scott Godzyk, Agent, Manchester, NH
Sun Sep 5, 2010
There are no shortcuts and no secret lists, paying money for such is a complete waste of money. most banks have closed their lists for new brokers but some are still taking names. You need to earn your way to get listings through completing BPO's.

Please see my blog for complete list of tips and suggestions on how to get REO listings
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Derek Bauer, Agent, South Lyon, MI
Sat Oct 31, 2009
Joel and Audrey,

Although I have no interest in listing bank-owned homes, so I've never tried to secure the business, my understanding is this... You must complete numerous BPOs accurately, timely, and efficiently and seek out as much of that type of work as possible. In time, you will hopefully be noticed by a bank or banks and may be given some listings to see how things go. The most successful REO agents I know have staff and good systems in-place. Good luck.
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