Posts Tagged ‘REO business’
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
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
Put Some MOMENTUM in Your REO Business
Last Updated on Wednesday, 21 April 2010 05:06 Written by Mike Costigan Wednesday, 21 April 2010 05:06
Gentlemen, start your engines!
In REO, you better be prepared to watch for the green light to flash and then slam that accelerator right to the floor, holding it there until there until your back is planted firmly against the back of the driver’s seat, to the point where you can’t even reach up and touch the dash! KEEP GOING now……..faster and faster…..and NEVER slow down!
Sound crazy? Well you better think again. Folks, in the REO business, you are only as good as “what have you done for me today?” There isn’t much loyalty to brokers who just aren’t overachieving every day and staying in good (not bothersome) contact with your clients. Contentment has no place in this game. Don’t ever let yourself be distracted by a smoothly flowing business or a month of great profits-get too lackadaisical in romancing your clients with good service and expressing a fierce desire for more, and they’ll drop you as quickly as Gatorade dropped Tiger Woods! A taste of sweet success can bat it’s sexy lashes and romance you into getting off course. Never give in to temptation. Keep the eyes straight ahead and no “fooling around”.
Frankly, the “momentum” principle is relevant in any business. Once you’ve got the ball rolling, you have got to learn to continuously push it faster and faster and keep it moving forward. Push with all of your might. REALLY sweat as you move closer to your goals. The faster you go, the easier maintaining momentum becomes. And there’s nothing more to it than keeping your focus. And once you understand HOW to focus, it become REALLY easy. In fact, there are 9 Special Momentum Building Techniques, that once mastered, can almost GUARANTEE that you’ll cruise along at lightning fast speed. Join me on our next REO Rockstars call (see below) and I’ll be covering these in great detail. On the list of important topics that I have ever covered in my coaching, this one ranks extremely high on the totem pole. For this reason, I am opening this call up to a larger than usual audience and it is going to be ABSOLUTELY FREE. There will be no charges-not even telephone long distance fees. It’s just good old, hardcore FREE REO training. I only do these every so often so be sure to join us. Details below.
Conference dial-in number: (866) 576-7975
Participant access code: 885267
Time: 1:00 EST on Thursday, April 22, 2010
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?
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: Accelerator, coach, coaching, Contact, Contentment, Cruise, Fierce Desire, Focus, FREE REO trainig call, Game, Gentlemen Start Your Engines, Lashes, Loyalty, Mike Costigan, Momentum, Principle, Profits, Reo, REO business, REO Rockstars, REO training, Romance, Sweet Success, Temptation, Tiger, Tiger Woods, Totem Pole | Posted under Millionaire Maker Tips | No Comments
(Lack of) SPEED KILLS! – A Useful REO Time Saving Tool that Instantly Gives You a 33% Boost!
Last Updated on Saturday, 6 March 2010 08:41 Written by Mike Costigan Friday, 5 March 2010 01:29
Do you know the #1 killer of an REO business? No, it ain’t strong competition bubba (gosh knows there’s a gaping hole where THAT should be)! And it isn’t bad luck either. It IS the in-ability of lazy, coffee-drinking, sit at their computer all day, whine and moan about the economy, God’s gift to REO, “prima donna” brokers, to get off their fat butts and get their tasks COMPLETED on time! Let me tell you, if you want to be tossed to the curb quicker than Tiger Woods at a Swedish family reunion, then you just GO AHEAD BE LATE big boy! Your Asset Managers will cut your legs out from under you so fast that your competition won’t even notice you’ve disappeared! O.K. look, when you’re selling bank owned foreclosures, it is absolutely CRITICAL to have ROCK-SOLID systems in place, to handle the multitude of things that are thrown your way every day.
Tags: Asset Managers, Bad Luck, Bank Owned Foreclosures, BHGDigital, Biggies, Bubba, Butts, Cart Before The Horse, Family Reunion, Forms for REO Brokers, Gaping Hole, Initial Occupancy Field Report SAMPLE, Lack Of Speed, Little Time, Monthly Inspection Report SAMPLE, Paperwork, Prima Donna, Reo, REO business, REO Forms, Repair Sheet SAMPLE, Swedish Family, Tedious Tasks, Tiger Woods, Time Savers, Ugly Head, Useful REO Time Saving Tools, View Sample REO Forms Here, Whine, Work Order SAMPLE | Posted under Millionaire Maker Tips | No Comments