How do real estate agents get listings from foreclosures?
I work with a real estate agent who gets his listings from law offices and banks. How do you do it?
Public Comments
- You can get them from the county as well
- call the banks
- The are advertised in the Classfied section of your newspaper
- My guess would be networking. I bought my house from a bank that chose their listing agent because she had worked for the bank. I hope they realize now what a mistake it was; my agent massively outwitted her and cost the bank extra money in repairs.
- We get numerous foreclosure listings from assorted lenders, with whom we have a long track record of successful results. You're not going to get foreclosure listings without heavy long term association with the lenders involved. They work with agents with whom they feel confident.
- Your County Offices and the Daily Record News Paper.
- Most title companies can provide this info very soon after posting.
- the bank that has the reo
- In a very similar way as any other listing. You build a long term relationship and cause the owner (banks) to think of you when they think of their real estate needs. Someone that lists these properties needs to perform tasks in a very different way than most agents. So they specialize and often list in bulk.
Powered by Yahoo! Answers