REOs and BPOs
REO and BPOs
I live in Minneapolis, MN and became a Realtor this summer.. my focus is REOs... I am seeking advice on connecting with Bank Asset Managers.
I have purchased several eBooks on line and have been reading blogs on the subject. My problem is how to get in the door of these asset managing companies. I'm a professional individual and have been working for many years. I have a degree in accounting and business and have a sales background as well as good computer skills, office managing, secretarial and bookkeeping. I have sold several of my own properties over the past 25 years and had a couple of rental properties in the1990s. I have a good knowledge of home construction and so does my two assistants. However, I don't have a lot of Real Estate experience and have never done a BPO, although one of my assistant has some experience doing BPOs. My concern is applying to these Bank Asset Managers... I believe my competition will probably be seasoned Realtors or at least people who have done some BPOs. I am troubled about how to prepare an appropriate introduction letter to make them interested in a newbie without looking like a newbie and even more important what specific questions do they usually ask when they are screening and interviewing a prospective applicant to do their Broker Price Opinions. I hope to gain listings this way and if there are any particular companies, contacts or advice that you would suggest or be willing to share it would be greatly appreciated. Thanks and have a great week. Joey
I live in Minneapolis, MN and became a Realtor this summer.. my focus is REOs... I am seeking advice on connecting with Bank Asset Managers.
I have purchased several eBooks on line and have been reading blogs on the subject. My problem is how to get in the door of these asset managing companies. I'm a professional individual and have been working for many years. I have a degree in accounting and business and have a sales background as well as good computer skills, office managing, secretarial and bookkeeping. I have sold several of my own properties over the past 25 years and had a couple of rental properties in the1990s. I have a good knowledge of home construction and so does my two assistants. However, I don't have a lot of Real Estate experience and have never done a BPO, although one of my assistant has some experience doing BPOs. My concern is applying to these Bank Asset Managers... I believe my competition will probably be seasoned Realtors or at least people who have done some BPOs. I am troubled about how to prepare an appropriate introduction letter to make them interested in a newbie without looking like a newbie and even more important what specific questions do they usually ask when they are screening and interviewing a prospective applicant to do their Broker Price Opinions. I hope to gain listings this way and if there are any particular companies, contacts or advice that you would suggest or be willing to share it would be greatly appreciated. Thanks and have a great week. Joey
