Bank Of America Reo Assets - How to Stand Out for Their Hiring Process

Nov. 27, 2010 - PRLog -- Bank Of America Reo Assets

REO asset management companies want to hire you. They just don't know it yet. Management companies are always in need and looking for agents that can provide what they need. Let's take a look at what it is that they need. I've found that it's not always what agents think they need. That's why they don't get hired.

REO asset management companies don't care about your percentage track record as much as you do or think they do. For an asset manager if you closed most of your previous listings at 98% or more of asking price it's irrelevant. What asset managers and REO companies are looking for are people who can maintain a property while it is being disposed of. This is not always a quick process. For that reason having some if not a lot of property management experience is actually more valuable than the track record you would usually present a regular seller. Don't confuse them. Thought they're both selling, their expectations couldn't be more different. Get Internet #1 - Bank Of America Reo Assets @ http://realestatecure01.webs.com and change your financial life forever!

The REO asset management company is looking for you to sell it at top dollar in the quickest possible time. Without delays or you might have the listing taken and given to another agent, the longer it takes to sell a home the more holding cost for you and the management company. The length of time can be upwards of three months as high as 8 months or even longer. Hence, the property management experience. Most agents have heard of re-keying the property. Which is just the beginning! There's boarding the property, in some cases.

Evictions and cash for keys agreement, city inspections, repairs, property hazards to know about, pools to deal with and zoning and building violations to correct, again in some cases. Every assignment is different. As you can see some if not all of these points can make the process longer than is could be. For that reason property management is a much more valuable asset to you than a glamour shoot picture on your yard sign and a matching business card.

As you can see REO asset management companies are looking for something specific and they have a clear idea of what it is. Make sure you're selling the right services to them and your chances of being hired go through the roof. Get Internet #1 - Bank Of America Reo Assets @ http://realestatecure01.webs.com and change your financial life forever!

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