Posts Tagged ‘Banks’
The 8 BIGGEST Activity “Failures” that Hold Real Estate Agents Back from Having a Successful REO Business …And How to Avoid Them.
Last Updated on Wednesday, 20 April 2011 08:57 Written by COD Realty Wednesday, 20 April 2011 08:56
WARNING: Even if you are enjoying a certain degree of success, if you’re letting yourself slip on any of these activities (even to a small degree), you will not… or… cannot realize the full potential of your REO business.
Dear Real Estate Colleague,
This is not going to be one of my typical blog posts…
Today, this information is actually all about YOU. And more specifically, all about helping YOU succeed in your REO selling business. You see, all the experience I have means I’ve seen what it takes to succeed in this industry… exactly what it takes. And, I’ve seen exactly what causes people to fail.
In under 2 years, I went from being a top worldwide RE/MAX agent, to having my entire business washed out by this flood of foreclosures, and then rebounding again to become a very successful REO broker, selling nearly 500 homes for banks every year.
In my FREE e-book, I’m going to reveal the 8 BIGGEST activity failures that will stop you dead in your tracks on your quest to having a super-successful REO selling Business.
Not committing yourself to giving your ALL to these 8 activities – even partially – can be fatal to your success. And if you half-heartedly do them (like many new aspiring REO agents… actually… most agents do)…
Your Chances Of Long-Term Success
In The REO Business Are Nearly Zero!
You know you’re a qualified, competent real estate agent. You’ve spent the time, money and effort to become successful selling traditional real estate. You care deeply about your clients and have most likely gotten great results for many of them. And that’s not saving you in this market downturn. You need to find a way to make money and make it fast….! You need to know ….
There are 8 success destroying activity failures that will absolutely make it impossible for you to succeed. and you know what most of them are!
Enter your first name and email address in the form below, right now and see these REO business secrets that are hidden in plain sight.
By the way… I have spent the last 19 years of my life having a very successful career in real estate. I’m one of the most well known innovators in the REO field here in Georgia.. I’ve been featured in books and numerous interviews and articles in the field, including, “The Billion Dollar Agent”. I’m also the creator of the revolutionary REO system for up and coming REO agents known as Uncensored REO Secrets. And I’m the head success coach for REO Rockstars. I’m only telling you these things to give you an idea of who I am and what I have to share with you.
Simply Enter Your First Name & Email Address To INSTANTLY Download Your FREE E-Book!
You will be getting instant access to “The 8 Top Ways to Make REAL Money in REO-REALLY Fast! This is a limited time distribution and may be canceled at any time without notice.
Tags: Amp, Banks, Colleague, E Book, Ebook, Flood, Foreclosures, Instant Access, Market Downturn, Real Estate Agent, real estate agents, real money, Reo, REO business, REO selling, Term Success, Time Money, Top Ways, Way To Make Money | Posted under Millionaire Maker Tips | No Comments
Quick and Dirty Ways to Get REO Assignments and the Deadly Sin You Must NOT Commit!
Last Updated on Thursday, 13 May 2010 09:23 Written by Mike Costigan Thursday, 13 May 2010 09:23
I frequently discuss different strategies, that REO brokers can use, to get REO listings, on REO Rockstars calls. And because we’re dead smack at the onset of home selling season, I thought I’d take just a quick minute, to share 3 of the best ways to get bank owned properties (even though some of you THICK HEADED agents may have been too lazy to sit in on my last one hour FREE REO coaching call 
. So here’s the “lazy man’s” way to cut in line and get your pipeline of foreclosure listings filled right up.
Tags: 3 Ways, Asset Management Companies, Asset Manager, Asset Managers, Bank Owned Properties, Banks, Bottom Line, Building Relationships, building relationships with Asset Managers, Butt, Deadly Sin, Dirty Ways, Email, Exact Words, Fannie Mae, Financial Institutions, Foreclosure Listings, get bank owned properties, get REO listings, Gimmicks, handle REO properties, Lazy Man, Mike Costigan, new assignments, Phrases, Pipeline, REO broker training calls, Reo Properties, REO Rockstars, selling bank owned properties, Zero Resistance | Posted under Millionaire Maker Tips | No Comments
Foreclosure Inventories are Volatile. An Easy Way to Survive as an REO Broker!
Last Updated on Monday, 10 May 2010 01:08 Written by Mike Costigan Monday, 10 May 2010 01:08
I get these questions daily from REO Rockstars subscribers and from foreclosure brokers that I am coaching; “What is happening with bank owned properties?” “Why are the inventory levels fluctuating so much now?” “What can I do to keep from going under?” My explanation is this: The government and the banks are trying desperately to stop this huge flow of distressed properties from hitting the market. The government, of course, wishes to preserve home ownership and neighborhood values. The banks, of course, wish to SAVE MONEY and REDUCE LOSSES. As a result, we are seeing many new programs and strategies implemented, in an effort to keep foreclosures from taking place, and to offset losses, by disposing of bad debt though other means, like short sales. An interesting note that you may or may not know, is that banks are consistently seeing about a 15 point higher return on short sales vs. foreclosures-only makes sense that they look towards these alternatives, as additional methods of property disposition.
Does this mean an END to REO is coming?
Tags: Anomalies, Asset Managers, Bad Debt, Bank Owned Homes, Bank Owned Properties, Banks, Bubba, Distressed Properties, Ebb And Flow, Fannie Mae, Foreclosure, Foreclosures, Freddie Mac, Hamp, Home Ownership, housing bust, Inventories, Inventory Levels, Long Term Solution, Mike Costigan, Myriad, Neighborhood Values, Outright Failure, Property Disposition, Raw Truth, Record Lows, REO assignments, REO broker, REO business, REO inventories, REO Rockstars, Riding The Wave, short slaes, strategies | Posted under Millionaire Maker Tips | No Comments
Getting LOADS of REO Assignments – Coaching Call Replay
Last Updated on Tuesday, 27 April 2010 03:59 Written by Mike Costigan Tuesday, 27 April 2010 03:52
Thank you to everyone who participated in last week’s REO Rockstars coaching call. As usual, we had a fabulous turnout, and I hope that everyone took away several solid strategies, to help you to IMMEDIATELY get REO listings from banks. REO Rockstars REO training calls are a very good way to learn the secret insider tricks, that allow you to cut in line, and begin getting bank owned property listings FAST! Each call is designed to motivate you AND to keep you pointed precisely in the right direction, towards growing your REO business rapidly and consistently. The REO coaching on the calls is absolutely FREE, so you should never miss one.
That being said, in case you DID miss the call last week, here’s a replay that you can listen to right now on your computer. Just click the link below, grab a pen and paper, and get ready to learn!
***As always, if you have questions or comments, you may email me at mikecostigan@REORockstars.com . I will be happy to help you.
To Your Success!
Mike Costigan
Tags: Aspx, Bank Owned Property, bank owned property listings, Banks, Cid, coaching, Conferences, get REO listings form banks, Insider Tricks, Mike Costigan, Pen And Paper, Reo, REO business, REO coaching, REO Rockstars, REO training, reo training calls, Replay, Right Direction, Rockstars, Secret Insider | Posted under Millionaire Maker Tips | No Comments
Would Fannie Mae Hire YOU As an REO Broker?…REALLY?
Last Updated on Tuesday, 20 April 2010 04:07 Written by Mike Costigan Tuesday, 20 April 2010 04:07
Do you REALLY have what it takes to get in with the big companies as an REO broker? Would they TRULY want to hire you to sell foreclosures on their behalf? Be honest with yourself now…Selling bank owned homes is a lot of work and it involves many special REO processes, that you need to know to a “T”, if you are going to be considered for REO assignments from companies like Fannie Mae. To REALLY “get” the ins and outs of the REO business, it’s wise to learn as much as you can, from anyone who will coach, you before taking on much business. Putting the other foot forward first can quickly get you blacklisted by Asset Managers and banks forever.
Just a reminder of some FREE REO training…
Our next FREE REO Rockstars call is Thursday, April 22, 2010 @ 1:00 PM EST. If you are wanting to get your REO sales up a notch VERY QUICKLY then get on this call. You DO want to join us and learn how to make MORE MONEY…Don’t You?! There is NO COST and of course, No-Obligation. It’s a “pitch free” call to get some momentum behind you and to help you fly past your competitors like Jimmie Johnson rounding the last corner towards the finish line!
I will teach you the Three Quick and Dirty Ways to Start Getting Business NOW!
…AND
The Single Biggest Time-Wasting Activity that most REO “coaches” are screwing you with!
WARNING: As usual. The call will be very crowded and “seats” are going to be limited to the first 147 people. Be PROMPT. It would stink to be #148…WOULDN’T IT?
Conference dial-in number: (866) 576-7975
Participant access code: 885267
Time: 1:00 EST on Thursday, April 22, 2010
P.S. As a special bonus, I will be revealing 1 BIG SHORTCUT to getting on board with THE most desired REO client in the country. Write the call-in number and access code down right now and DO NOT MISS THIS!
Tags: Access Code, Asset Managers, Bank Owned Homes, Banks, Bonus, coach, Dirty Ways, Fannie Mae, Finish Line, Fly, Foreclosures, How To Make More Money, Ins And Outs, Jimmie Johnson, learn, Mike Costigan, Momentum, Notch, Obligation, Participant, Pitch, Reminder, Reo, REO assignments, REO processes, REO Rockstars, Reo Sales, REO training, sell foreclsoures, selling bank owned homes | Posted under Millionaire Maker Tips | No Comments
What’s the Deal with So Many Multiple Offers on Investment Properties Right Now?
Last Updated on Thursday, 15 April 2010 08:39 Written by Mike Costigan Thursday, 15 April 2010 08:39
This was an actual question posed to me by a local real estate broker this morning. Since I’ve heard it a lot lately, I thought I’d go ahead and address it quickly for everyone. Here’s the deal in a nutshell…
Tags: advice to REO buyers, Banks, Bidding Wars, Bottom Lines, Current Situation, Foreclosure, Frenzy, Inflated Prices, Inventories, Investment Properties, Local Real Estate, local real estate broker, Midst, Nutshell, Portfolios, Public Perception, Quantities, Real Estate Broker, Reason 2, REO broker, REO broker training calls for FREE, REO buyers, Reos, Sentiment, Supply And Demand | Posted under Millionaire Maker Tips | No Comments
Want to Sell REO properties? Here’s 1 Quick & Easy Way to Cut in Line…
Last Updated on Tuesday, 6 April 2010 12:09 Written by Mike Costigan Tuesday, 6 April 2010 12:09
If you haven’t already taken advantage of “Uncensored REO Secrets“ then invest in your copy today . It’s the simplest and easiest way to discover how to jump into the business of selling bank-owned homes. As a result of the most common questions that I get from coaching members and other aspiring REO brokers that I frequently meet, I put this quick little “blueprint” together, that outlines the most critical steps that you’ll need to take, and the most deadly pitfalls that you MUST avoid, in order to start getting assignments from banks and asset management companies.
Tags: #1 Real Estate Broker, aspiring REO brokers, Asset Management Companies, Asset Manager, Asset Managers, Bank Owned Homes, Banks, Blueprint, Contact Lists, Contact Numbers, Critical Steps, Deadly Mistake, Dnu, Doors, Fairy Dust, First Steps, How to sell REO Properties, Magic Pill, Mike Costigan, Pitfalls, Promises, REO programs, Reo Properties, REO Rockstar, REO Rockstars, Rockstars, Top Of The Game, Uncensored REO Secrets | Posted under Millionaire Maker News & Events | No Comments