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CONTACT WALTER

559 S. Washington Ave., Kankakee,IL 60901

P.815.929.9258 P.815.929.9200

walter@waltersanford.com

Walter, thanks for speaking in front of Exit Realty Florida last month. It was great stuff and my agents really appreciated you, your presentation, and your books and tapes. Thanks for an enlightening day! Steve Marabel, EXIT Realty All Stars

READ WHAT OTHERS SAY

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

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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. 

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