Is REO for you?
Posted In:
foreclosures
,
REO
.
By Best Agent Business
Are foreclosures a large chunk of the market share in your area? If they are, then you should have an REO market segment. REO stands for Real Estate Owned and it is real estate that has failed to sell in a foreclosure auction. The mortgage company owns it and they want to sell it.
Take a look at the market in your area. If foreclosures are above 20%, then it is time for you to get into REO sales. Best Agent Business has helped several clients increase their REO business by assisting with research, marketing, and leads. Contact us to find out how we can assist you.
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