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| REO/BPO and Foreclosures Real Estate Owned and Broker Priced Opinion topics, as well as discussions on foreclosures and how to make the most of this aspect of the real esate market. |
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Also, the possibility of getting the listings is probably not even 1%.
Many of the companies ordering the BPO's already have a system of agents they use for REO listings. |
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2. You're under the Broker's supervision. 3. You're covered under the Broker's E&O. 4. If you even get in a car accident while performing a BPO, your Broker can be sued too. 5. Your Broker's office provides you with more credibility then when you're on your own. Just like you, the Broker doesn't need anyone with an attitude and unwilling to see their liability ~ so when you say wouldn't work for them, they are probably in agreement with you. BPO's are tough, probably 10% of the agents that do them get 80% of the work, REO isn't something that most offices are not setup to handle and do a good job at it, but when you're on the outside of these very secretive specialties...it looks so easy and profitable....heck anyone can do them .... Good Luck.....
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Don Price REALTORŪ Advanced Real Estate Services & Staging Pinehurst, North Carolina Pinehurst Real Estate . . . Pinehurst Home Inspector . . . Pinehurst Real Estate News blog Last edited by Pinehurst Real Estate Guy : 04-16-2008 at 02:19 PM. Reason: 're |
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