CONTACT

CONTACT WALTER

559 S. Washington Ave., Kankakee,IL 60901

P.815.929.9258 P.815.929.9200

walter@waltersanford.com

"Thank you so much for your spectacular presentation at our event last week! Your energy level and knowledge are what made it a very successful event for us!" Sue Woodard, CTX Mortgage

READ WHAT OTHERS SAY

Why REOs Now? February 7th, 2011 | Posted in General Real Estate

This question was recently posed to me, and I just had to ask WHY spend time on REOs now.

Question:

Hello, Walter.  I was wondering if you recommend any specific REO training programs for REALTORS®/Brokers?  I look forward to hearing your recommendations.

Warmest regards,

Susie

Answer:

No, just make sure that the trainer is successful.  However, I do have to ask “why” are you interested in REO training programs?  REO accounts are not very profitable, unless you are doing high volume.  At this point, it is very hard to get any volume because the good accounts are being cared for.  Furthermore, we are getting close to the end of this market.  In the next 24 months, much of the bank inventory will be lessened.  There are better opportunities. 

Leave a Reply



SUBSCRIBE/UNSUBSCRIBE

To subscribe or unsubscribe to/from our blog, please click here.

POSTS BY CATEGORIES


WANT TO KNOW MORE ABOUT WALTER?

Click on one of the links below to read more about Walter has to say about the real estate market.

Linked In