Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Page 3 of 4 < 1 2 3 4 >
Topic Options
Rate This Topic
#323081 - 01/21/10 11:56 AM Re: how does FAREO assign their REOs? [Re: ~~Z~~]
JaxBPO Offline
Member

Registered: 01/04/10
Posts: 89
Loc: REO sounds like OREO
[quote=Biyobe]Yep I think you're on the right track. I may be a little too popular if I post in the introduction form. I know the inventory is down across the nation and everybody is looking for the way in. It is definitely a tough game right now. I'm not necessarily on here to look for new brokers, but more to answer any questions about what the asset managers may be looking for or why things happen the way they do from an outsourcer point of view

Oh and Biyobe is also a nickname that I'm not really known by in the office/industry so I think it should be fine to use online here :) [/quote]

So, how about some listings for northeast Florida, B' ;)

Just kidding, but welcome to the forums. :D Definitely going to be a help to understanding the process from the other side of the fence.

(But I wasn't seriously joking, I wouldn't mind some more listings.)
_________________________
I do BPOs and list REOs.
I would rather win the lottery.

Top
#323087 - 01/21/10 12:17 PM Re: how does FAREO assign their REOs? [Re: JaxBPO]
Pine Offline
Major Contributor

Registered: 03/12/08
Posts: 2445
Loc: Pinehurst, NC
11 days and 15 posts - Welcome to you as well Jax - it is nice to see newbies that follow the rules and that can add to the forum before they ask for help - good to see you really knew better wink
_________________________
Pinehurst Real Estate Guy
Pinehurst Real Estate
Pinehurst, Southern Pines, Aberdeen, Whispering Pines, Carthage, Foxfire, Seven Lakes & Beyond
27229, 27242, 27259, 27281, 27325, 27376, 28326, 28327, 28350, 28370, 28373, 28374, 28387, 28388, 28394


REO-BPO-Brokers.com Blog

Top
#323372 - 01/22/10 09:01 PM Re: how does FAREO assign their REOs? [Re: PhoenixReo]
~~Z~~ Offline
Junior Member

Registered: 01/20/10
Posts: 8
Loc: Denver
Originally Posted By: PhoenixReo
Well, since this is an FAREO thread, can we assume you work for First American?


Yes that is correct.


Edited by Pine (01/22/10 09:11 PM)
Edit Reason: fixed quote

Top
#323375 - 01/22/10 09:10 PM Re: how does FAREO assign their REOs? [Re: ~~Z~~]
RecoveringREAgnt Offline
Veteran Member

Registered: 03/26/08
Posts: 800
Loc: Los Angeles, CA REO Capital
Here we go with an straight question then:

I've attended two of the FAREO conferences and got one listing and sold it in no time for a Cash deal, after that they told me I was going to be a preferred agent. But it never happened so here I am still looking for the way in. Although, some of the fellows that I met there were loan officers with mortgage companies and they got more properties than realtors. How is that possible?

Top
#323381 - 01/22/10 09:28 PM Re: how does FAREO assign their REOs? [Re: ~~Z~~]
Doin' bpose Offline
Veteran Member

Registered: 01/26/09
Posts: 1190
Loc: Mother of Presidents
Originally Posted By: Biyobe
Originally Posted By: PhoenixReo
Well, since this is an FAREO thread, can we assume you work for First American?


Yes that is correct.


One pronunciation Biyobe is BYOB. Did you earn this nickname in high school or college?
_________________________
Real Estate Agent, Licensed in VA since 2000
BPOS since 2000
Pop since 2002
Licensed as Broker in 2006
REOs since 2007
Founding Member of Beta Pi Omega, Alpha Chapter



Top
#323385 - 01/22/10 09:46 PM Re: how does FAREO assign their REOs? [Re: Doin' bpose]
Pine Offline
Major Contributor

Registered: 03/12/08
Posts: 2445
Loc: Pinehurst, NC
Recovering - you have a valid question but was the mortgage company also a real estate company? If so, I can see an advantage from their eyes.

Unless Biyobe says different, how about we just let Biyobe provide answers to our general concerns rather them blasting Biyobe with a barrage of questions - just a thought.

Recovering - taking away what already has happened that cannot be undone by Biyobe - I see your question as, 'How do I get more listings from FAREO?'

I wish I could set Biyobe's PM box so anyone wanting to PM would have to 500 or 1000 posts first wink
_________________________
Pinehurst Real Estate Guy
Pinehurst Real Estate
Pinehurst, Southern Pines, Aberdeen, Whispering Pines, Carthage, Foxfire, Seven Lakes & Beyond
27229, 27242, 27259, 27281, 27325, 27376, 28326, 28327, 28350, 28370, 28373, 28374, 28387, 28388, 28394


REO-BPO-Brokers.com Blog

Top
#323389 - 01/22/10 09:56 PM Re: how does FAREO assign their REOs? [Re: Pine]
CandyMan Offline
Veteran Member

Registered: 07/12/08
Posts: 1454
Loc: California
500 to 1000 posts?........Works for me...sign me up....lol

You can bet his mail box will be full. I'm just happy to see we have one in the mix.
_________________________
Licensed since 1492
First broker: C. Columbus
First office; Mayflower Realty
First client: Chief Givemeabreak
First commission: one blanket and a few beads (about the same it's today)

Top
#323390 - 01/22/10 10:01 PM Re: how does FAREO assign their REOs? [Re: CandyMan]
Pine Offline
Major Contributor

Registered: 03/12/08
Posts: 2445
Loc: Pinehurst, NC
I agree Candy - I hope members understand how people like ~J, Val and Biyobe really adds to our knowledge and understanding of their companies and the way they do business - and the business in general.

Thanks for getting on board Biyobe, let me know if you need anything wink
_________________________
Pinehurst Real Estate Guy
Pinehurst Real Estate
Pinehurst, Southern Pines, Aberdeen, Whispering Pines, Carthage, Foxfire, Seven Lakes & Beyond
27229, 27242, 27259, 27281, 27325, 27376, 28326, 28327, 28350, 28370, 28373, 28374, 28387, 28388, 28394


REO-BPO-Brokers.com Blog

Top
#323394 - 01/22/10 10:08 PM Re: how does FAREO assign their REOs? [Re: Pine]
CandyMan Offline
Veteran Member

Registered: 07/12/08
Posts: 1454
Loc: California
Pine

I agree with you 100%. Knowledge is power...
At times, I may not agree, with some of the names you mentioned. In the same breath, I don't want to see them chased off. It's like taking a class....if you learn "one new thing", then the class was worth it....the same goes for posts. There's a ton of knowledge that has been passed down in this forum, and more to come.
_________________________
Licensed since 1492
First broker: C. Columbus
First office; Mayflower Realty
First client: Chief Givemeabreak
First commission: one blanket and a few beads (about the same it's today)

Top
#323603 - 01/24/10 02:33 PM Re: how does FAREO assign their REOs? [Re: ~~Z~~]
Keypoint Offline
Member

Registered: 12/07/08
Posts: 52
Loc: NJ
Welcome,
I just received my 2nd Listing from FAREO this week, I am just wondering what I did that got me these listings. Was it doing FARVV BPOs? Registering and doing BPOs for RES.NET/USRES? Emailing the AMs?

Top
#323619 - 01/24/10 06:36 PM Re: how does FAREO assign their REOs? [Re: Keypoint]
MArealtor Offline
Veteran Member

Registered: 12/28/06
Posts: 518
I did literally thousands of BPOs for them and I just got my first Pre-list.........I don't even think know how I got it.

Top
#323622 - 01/24/10 06:48 PM Re: how does FAREO assign their REOs? [Re: MArealtor]
Pine Offline
Major Contributor

Registered: 03/12/08
Posts: 2445
Loc: Pinehurst, NC
You must deserve the listings - I am jealous wink
_________________________
Pinehurst Real Estate Guy
Pinehurst Real Estate
Pinehurst, Southern Pines, Aberdeen, Whispering Pines, Carthage, Foxfire, Seven Lakes & Beyond
27229, 27242, 27259, 27281, 27325, 27376, 28326, 28327, 28350, 28370, 28373, 28374, 28387, 28388, 28394


REO-BPO-Brokers.com Blog

Top
#323628 - 01/24/10 07:15 PM Re: how does FAREO assign their REOs? [Re: Pine]
BoneFish Offline
Member

Registered: 11/09/08
Posts: 427
Loc: REO - Capital of the World
I have also handled assets for fareo ... and I have NEVER* done a BPO for them ...



*(other then as required for the asset listing)

Top
#323653 - 01/24/10 10:41 PM Re: how does FAREO assign their REOs? [Re: BoneFish]
MArealtor Offline
Veteran Member

Registered: 12/28/06
Posts: 518
So, it could be that a BPO that I did from another company led to the pre-list....

Top
#323654 - 01/24/10 10:49 PM Re: how does FAREO assign their REOs? [Re: MArealtor]
CandyMan Offline
Veteran Member

Registered: 07/12/08
Posts: 1454
Loc: California
Originally Posted By: MArealtor
So, it could be that a BPO that I did from another company led to the pre-list....


Every time I pick up a new REO company or new manager, I always ask that question (why me?). To this day, I've never gotten a straight answer. I think previous BPO's may be the source.
_________________________
Licensed since 1492
First broker: C. Columbus
First office; Mayflower Realty
First client: Chief Givemeabreak
First commission: one blanket and a few beads (about the same it's today)

Top
Page 3 of 4 < 1 2 3 4 >


Moderator:  Pine 
Newest Members
HeatherSMT, happygirl, Ava, ReoSpeed, DreamHomesdotcom
15990 Registered Users
Who's Online
15 registered (Brad, Big Daddy Cool, ColoREO, Ava, Brad - W4BJM, 2 invisible), 46 Guests and 13 Spiders online.
Key: Admin, Global Mod, Mod
Search

Shout Box

Good Ideas
Nusetlock.com




BPO Automation




Realtor Websites




Sponsors

Top Posters (30 Days)
Pine 311
Vermont 109
Doin' bpose 105
maui realtor 91
super realtor 89
REODayton 85
OverTheEdge 84
Perky_REALTOR 82
Grampa 80
Crazy 2 79
CandyMan 76
TB in TX 75
....J~ 74
PA Roadkill 68
BoneFish 67
Featured Member
Registered: 07/12/08
Posts: 18

How To Advertise Here


This site presented by RNC Internet Services