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

Realtor CommunityA popular online real estate community since 1998!


Advertisements


Sponsored Links
Advertisements
How To Advertise Here
How To Advertise Here

Good Idea!
Realtor Promotion Service

Sponsored Links
(Views)Popular Topics
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 28654726
No new orders today 13162327
Stupid MLS comments. 3385069
What do you know about Froy Candelario, top agent in USA 1250043
Stupid QC comments and BPO requirements. 1115296
New HUD Listing Brokers---Any Update? 1069685
Is there religious content in Buffini class? 858540
Let's talk about our cars 709763
Most common items found at an REO 639400
Name that Flick. Great movie Lines. 632151
Pay it Forward - BPO/REO Tips & Tricks I & II 626250
REOTRANS 473138
EML 459238
Main Street 456361
asset val seminar in colorado 428622
assist 2 sell or 1 percent realty? 360274
HOMONYMS - There, Their, and They're 335260
Evalonline 300211
Land America 285053
Mainstreet 261860
Matched Content
Page 2 of 18 < 1 2 3 4 ... 17 18 >
Topic Options
Rate This Topic
#45492 - 11/18/06 05:08 PM Re: Is anyone signed up with REOTRANS.com
Retsof Yor Offline
Veteran Member

Registered: 12/03/05
Posts: 694
Loc: South Central Kansas
HSBC, Wachovia, NCEN for me
_________________________
Roy J Foster, KS Lic #BR0039462
R J Foster & Assoc., LLC
Cert. A*REO Agent
Cert. FHA Inspector ID G551
Cert. FHA 203K Consultant ID D0631
Cert. FHA LBP Maintenance Supvr ID 7534
Cert. Vendor Resource Management REO Specialist
316-258-2670
http://www.investment-properties.org

"I am only as strong as the coffee I drink and the hairspray I use."

Top
Advertisements
#45493 - 11/19/06 10:37 AM Re: Is anyone signed up with REOTRANS.com
zephyr Offline
Major Contributor

Registered: 08/10/05
Posts: 1665
Loc: Missouri
I closed one from REOTrans, and there was no $300 fee taken from my commission on it. I only pay about $12 a month for a few zips, no referral fees from the listings I've received, either. If they ever hit me with a $300 fee, I'm outta there!
_________________________
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

Top
#45494 - 11/25/06 11:46 AM Re: Is anyone signed up with REOTRANS.com
COPYCAT Offline
Junior Member

Registered: 10/25/06
Posts: 4
Loc: LOUISIANA
I recently attended the REOMAC meeting in Chicago and at the lender roundtable meetings alot of the Banks and assest companies stated they are selecting their Realtors off of the REOTrans site so I feel like it is worth it after hearing it straight from the the lenders direct. Louisiana

Top
#45495 - 11/25/06 02:01 PM Re: Is anyone signed up with REOTRANS.com
ddahl Offline
Member

Registered: 11/09/05
Posts: 71
Loc: Sioux Falls SD
I have closed around 20 homes through reotrans.com and never had any fee charged from reotrans.com. The main bank is HSBC. I have also closed one for Nationstar (Centex) and had to pay their fee which was the transfer fee. I pay for zip codes and now see that my profile has been viewed 94 times in the last 2 years. I am also with res.net because of a listing but, have not received one since.
_________________________
Diane (Di) Dahl
Keller Williams Sioux Falls
Sioux Falls SD 57106
www.siouxfallshomesforsale.com

Top
#45496 - 11/25/06 08:54 PM Re: Is anyone signed up with REOTRANS.com
TNREO Offline
Member

Registered: 09/13/06
Posts: 69
Loc: TENNESSEE
I have been signed up with REOTran for two months now and I just decided to post one of my REO listings on their site. Before I post any more I wanted to know if they charge any type of fee if you post a list and obtain a buyer through their site? Also has anyone recieved buyer leads this way?

Top
#45497 - 11/27/06 08:13 AM Re: Is anyone signed up with REOTRANS.com
zephyr Offline
Major Contributor

Registered: 08/10/05
Posts: 1665
Loc: Missouri
I post all my REO on their site. Haven't received many buyer inquiries from them, though, but my profile has been viewed over 200 times in the past year, so I think the listings get lender attention. I don't remember in the terms of use anything about paying them if a buyer comes through them. i will have to re-read and make sure. I just discovered that my Wilshire listings DO have a $300 fee to come out of the commission, list-side.... I don't like that much, but I guess it's not as much as most referral fees I end up paying.
_________________________
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

Top
#45498 - 01/18/07 09:22 AM Re: Is anyone signed up with REOTRANS.com
The Shannon Team Offline
Member

Registered: 07/27/05
Posts: 74
Loc: Dearborn, MI
Quote:
Originally posted by mmm3:
Does anyone know which lenders use REOTrans?
Yes. HSBC, Wachovia, Nationstar (fka Centex), Wilshire, New Century, Indy Mac & Single Source all use REO Trans. There could be more that we do not deal with.
_________________________
The Foreclosure Guy

313-277-6453 x306

www.shannonteam.com


Top
#45499 - 01/18/07 12:38 PM Re: Is anyone signed up with REOTRANS.com
Traveler Offline
Major Contributor

Registered: 11/14/00
Posts: 2500
Loc: The Coast
They give you your home zip code for free, plus you can post a listing too, which I have done. I haven't subscribed with any add'l zips though.

Top
#53660 - 12/18/06 02:59 PM ReoTrans.com - Worth the Fee?
seasaw Offline
Major Contributor

Registered: 10/14/06
Posts: 1668
Loc: USA
Have you seen a growth in business subscribing to this site?

Top
#53661 - 12/18/06 07:05 PM Re: ReoTrans.com - Worth the Fee?
Mr. Foreclosure Offline
Major Contributor

Registered: 09/01/06
Posts: 2834
Loc: upstate New York
NO!

Top
#53662 - 12/20/06 01:29 PM Re: ReoTrans.com - Worth the Fee?
Mr Stark County Offline
Member

Registered: 04/03/06
Posts: 68
Loc: Stark County Ohio
All I see is a growth in my emails from them,that they took the money out of my cc. Still waiting on something from their site. Been on for a yr now. Thanks God bless Kim

Top
#53663 - 12/20/06 02:47 PM Re: ReoTrans.com - Worth the Fee?
Dennis Teasdale Offline
Member

Registered: 12/11/04
Posts: 231
Loc: Midland Texas
Stark,

Have you posted REO listings on their site?
_________________________
Dennis Teasdale
RealtorŪ, GRI
Broker

Dennis Teasdale Realtors
www.DennisTeasdale.com

Top
#154716 - 07/11/07 09:02 AM Reotrans Question
hamptonroadsmls.com Offline
Member

Registered: 11/01/05
Posts: 37
Loc: Virginia
I am about to sign up to receive additional zipcodes from REOtrans. My question are:
Am I an idiot for doing so? Are there a lot of people on here who use their services? Do you get a lot of BPO work or just listings here and there. I want it more for BPO work and the listings would be a bonus. Is it worth paying the extra fee which they claim will put you at the top of their list? Is there any way to view other agents in my area besides from looking at the listings and their listing agents? Any and all feedback would be greatly appreciated. Thanks for your time!

Top
#154718 - 07/11/07 09:13 AM Re: Reotrans Question [Re: hamptonroadsmls.com]
amplet Offline
Veteran Member

Registered: 08/10/05
Posts: 844
Loc: MN
REOTrans will not get you BPO work. It's a transaction management system for REO, that makes your profile available to asset managers looking for agents to handle REO.

Top
#164833 - 08/21/07 04:17 PM ReoTrans Worth the Investment or Waste of Money?
JoeRealEstate Offline
Member

Registered: 07/19/07
Posts: 36
Loc: Fort Wayne, Indiana
I have been signed up with ReoTrans for the past 3 months and have gotten NO results. According to them my profile has been viewed 96 times by asset managers.
I have noticed a few lenders will direct you to this site to receive REO listing from them.
So, does anyone have anything good or bad to say about this site/service?
_________________________
Joe Leksich
Joe Real Estate Inc.
#1 Advantage Realtors
Fort Wayne Indiana
www.JoeRealEstateFW.com

Top
Page 2 of 18 < 1 2 3 4 ... 17 18 >






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Newest Members
van phuc, ngibrealtor, nyropist, Workslocal, PrudentialBorrow
30352 Registered Users
Who's Online
6 registered (OverTheEdge, Imran, Z06Fanatic, 3 invisible), 54 Guests and 6 Spiders online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 25
CathCoy 24
gitmonee 22
Trouble 16
Daniel1234 15
T.T. 14
CaliRealtor23 14
Vincent2011 12
estatereal 12
AbrahamWalker 12
Z06Fanatic 11
Lucky Leonardo 10
RonnieEmz 10
Suburban Gal 8
sualk54 7
Facebook

How To Advertise Here


This site presented by RNC Internet Services