it's called who's who.. These REO accounts are handed out because of relationships. HOwever, I agree with you and I sometimes salivate over the idea what will become of these REO agents when the REO market is gone. They will have burned many bridges and will have a hard time in the industry. Besides.. most of them don't concentrate a portion of their business in buyers. They tend to act if their business will continue forever. I always say he who holds the biggest database wins. These agents don't have clients other than the banks.