MyOutDesk Interviews President Of National REO Brokers Association
In this webinar, we had a conversation with Dr. Michael Krein – the CEO of RIO Software Solutions, and President of the National REO Brokers Association. He explained the current state of the REO market and provided insights into upcoming trends.
By: MyOutDesk, Inc.
When you control a large REO inventory, you tend to have the best price inventory in town, because you can keep cutting prices, no matter what the market looks like. REO will always have the best price inventory and the best lead generation. This is an ideal business model because it is renewable and scalable, two crucial factors that build a great business. This can be possible as long as you have systems in place.
Michael Krein is currently the CEO of RIO Software Solutions, the parent company and provider of the RIO Genesis software platform. It was Dr. Krein's, 27 years of experience in the real estate and default servicing industry that led to the creation of the RIO Genesis system, whereby his ideas and management systems were incorporated and designed into a user-friendly software system for both general and default real estate companies and their affiliate partners.
Michael Krein is formerly the Owner of Sellstate NRES a/k/a Nevada Real Estate Services. Over the past twenty-five years, he has personally listed and/or sold over 25,000 single-family homes — many of which were properties owned by various financial institutions from around the country. Michael is married with seven children and makes his home in Henderson, Nevada.
The NRBA is a multifaceted national organization comprised of a cohesive group of experienced, connected brokers, appraisers, and attorneys who specialize in all phases of default management and servicing of distressed real estate.
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