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#47503 - 08/08/06 10:03 PM Is National Franchise an Advantage in REO?
Anonymous
Unregistered


I'm looking for feedback as to whether a franchise is an advantage, if you are seeking to build your REO business. Do you think it makes any difference in our field?

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#47504 - 08/09/06 10:24 AM Re: Is National Franchise an Advantage in REO?
REO Pro Offline
Member

Registered: 03/03/05
Posts: 365
Loc: Los Angeles
Normally I would say no, but recently I was in a situation where the owner of an REO property went with the other agent because they were affiliated with a national franchise...
_________________________
Jim Pike
Realtor / REO Specialist
Gold Star Realty
Burbank, California
818.845.2303
www.JimPike.com

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#47505 - 08/09/06 01:06 PM Re: Is National Franchise an Advantage in REO?
treebird Offline
Member

Registered: 10/11/05
Posts: 162
Loc: Wisconsin
Kuntyhart, I think that the franchise name helps much and is reassurring to some sellers. Is there a franchise out there that has something to do with REO properties? It probably does not matter. I am just curious.
_________________________
Treebird

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#47506 - 08/09/06 01:44 PM Re: Is National Franchise an Advantage in REO?
ky realtor Offline
Major Contributor

Registered: 04/21/05
Posts: 1879
Loc: kentucky
we are not a national franchise, and we have the largest share of reo listings in our area. I have never had a problem with it.
_________________________
Comments made are my opinion, and not intended to be legal advice of any kind.

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#47507 - 08/09/06 02:06 PM Re: Is National Franchise an Advantage in REO?
zephyr Offline
Major Contributor

Registered: 08/10/05
Posts: 1662
Loc: Missouri
Well, I know there are those who prefer to deal with the franchised companies, but judging from the amount of business I am starting to get, as an independant, I don't think the difference is as great as I had assumed. Just keep doing good work, and your business will grow....
_________________________
REO Broker since 2004

"And think not you can guide the course of Love, for Love, if it finds you worthy, will guide your course" K.Gibran

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#47508 - 08/09/06 05:46 PM Re: Is National Franchise an Advantage in REO?
Anonymous
Unregistered


Thanks for your feedback guys. You've been a big help.

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