Selasa, 03 September 2013

REO Listing Secrets

REO Listing Secrets

REO Listing Secrets CB | REO Listing Secrets
10% of All Agents Do 90% of the Business
It’s Time to Get Your Share of the Pie
The real estate bust has hit most of us pretty hard. Sales are down. Commissions are down. Yet the numbers haven’t really changed as far as
who
is making the money.  90% of all sales are made by about 10% of agents. That doesn’t leave a lot of room – or money – for the rest of us.
Hi, I’m Ed Kowalski.
I’m an REO listing agent and a real estate investor.  In fact, I started out as a real estate investor.  Sure, I had my real estate agent license but to me, the “real money” was in flipping houses.  But, as every real estate agent and investor knows, the money was very uneven. Some months I’d be flush and other months I’d be dead broke. I ended up taking a “real” although “temporary” job (which I hated, of course) just to make ends meet.
I ran into a couple of agents who (fortunately!) decided to help me out by opening my eyes to BPOs. They said, 
“Look since you’re licensed, you can actually make $25.00 – $60.00 an hour doing
B
roker’s
P
rice
O
pinions.”
(
BPOs
)
I’ll admit at first that didn’t do much for me. Then he asked me point blank, 
“How much money are you going to make this week?”
“Eh…probably about $500 bucks take-home, after taxes.” I mumbled.
To which he fired back, 
“I’m going to make that today.”
Truly, it was a no-brainer for me.  Work 40 hours a week for $500 doing something I didn’t like or learn BPOs, control my own life and schedule again and make five times the money. My first year doing BPOs brought in over $30,000 — not a bad sideline to my investing business and it gave me steady money so I could work my business without having to worry about keeping the lights and phones turned on.  In time, my wholesaling business was going strong and I subbed out the BPOs to a licensed friend, taking a little override.
And then the bust hit.  Like you, I have been through the real estate ringer. Now, I’m not going to tell you that I was living in a van down by the river but things got tight. And if you got a bad feeling in your stomach when I said that, you know what I’m talking about.  Fewer deals. Lower prices meaning lower commissions.  Financing falling through at the closing table.  A lot more hard work for a lot less money. You probably know that all too well. It was tough just covering the bills and putting food on the table. In short, I wasn’t making it in real estate — as an investor or as an agent.  In fact, I lost  just about everything and had to declare bankruptcy.
I had to start over from ZERO. But I had one thing going for me:
My Real Estate License.
I remembered what saved my butt just a few years before.  I swallowed what little pride I had left and told my friend I needed to do my own BPOs again.
I have to admit, I was a little embarrassed about doing BPOs again, especially after I had had someone else doing them for me.  I mean, go out to a property, take pictures, do up the report, sometimes for as little as $25?  But you know what? I could make more money and have more freedom doing crummy BPOs than I could if I took on another “real job.” I pulled up my big boy pants, sucked it up and did it.
You know, this real estate market has really served up a lot of challenges. A lot of people have dropped out of the business.  But when life throws a huge challenge at you, you have to decide what kind of person you want to be. Are you the person who gives up, says “This is too tough” and tries something else? Or do you roll up your sleeves and tell yourself, “Come hell or high water, I’m going to figure this out and I WILL WIN!”   The winners are the people who do what it takes to get the job done.
If you think BPOs are beneath you, you’re not seeing the BIG picture.
BPOs are your entry point into REO Listings
I knew BPOs would help me ride out the storm but I wanted more. BPOs were
NOT
the end result I was looking for. I knew I could leverage them to get my foot in the door with Asset Managers.
The money is in the REO listings.
Any agent knows that listing agents make more money and get the sales glory.  I didn’t need the glory. But I could sure use the money. I wanted a steady six figure income I could count on. I got to work on figuring out how I could make the jump from doing the BPO to getting the listing. I knew that BPOs were the key to getting my name in front of Asset Managers.
I restarted my BPO business in 2007, with an eye to moving into REO Listings.  I had a specific goal when I started; I just needed to figure out how to get there. The first thing I did was to go after as many BPOs as I could handle. Asset Managers hate to be bugged for listings but they don’t mind agents asking to do BPOs. I signed up with as many lenders and BPO mills as I could. I checked the BPO posting boards every day. And I made sure that I followed through on every BPO, showing Asset Managers that I was thorough, efficient and that I delivered every time. It didn’t take long before I was being contacted to handle the REO listings.
In 2012, the average Realtor had 10 transaction sides.
I had over 100.
Now, some agents are happy with 10 sides. They make a specific amount of money to meet their needs and they are done. And that’s okay. But I like to build something bigger than just me. I developed systems and a team concept to grow my REO business from the average one agent office to a fully functioning team. In 2012, I had 106 units sold,
resulting in $10.4 million in sales.
I was one of the top 3 agents in the Baltimore metro area for REO volume.  
THAT’S
what I mean by dominating your market!
Do I still do BPOs? No. But I have people on my team who do. In fact, it’s still a great income stream for me. But I make the bulk of my money on REO listings.  Did I just “have a good year” in 2012?  No. I consistently put up big numbers once I transitioned to REO Listings.  In 2011, I did $12.4 million in REO sales on 95 units with an average of 48 days on market.  That’s quite a bit of business for one year.   Here are the results of my hard work over the past few years:
493 REOs sold
$83 Million+ in Sales
Over 20 clients serviced
Over 1.2M in commissions earned
In fact, my REO business took me to the next step:  I recently SOLD my REO business to my brokerage for a six-figure, four-year residual, passive income stream. I could not have done that without having systems in place.
Now I’m looking to help other real estate agents and just regular folks like Todd Broshardt who was working a job he no longer had a passion for. I told him to get his real estate license and then  I helped Todd build a BPO business bringing in twice the income of his previous job.
I’m not going to give you a big sales pitch or tell you that you won’t make it as an agent if you don’t get this. Anyone who has ridden the real estate roller coaster over the past five years and is still standing is a survivor. Are my results typical? Not for the average real estate agent.  BUT they are ACHIEVABLE by the average real estate agent who is willing to put in the effort to work my system.
The REO Listing Secrets Course is
over 100 pages
of detailed information showing you step-by-step how to get started in REOs and build your business.
In this course, I show you
How to get BPO assignments so you can start getting money in your door right away
How to transition from BPOs to getting those REO Listings
How to use REO Platforms. I give you a list of
100 REO Platforms
so you aren’t wasting time trying to figure out where to start
Tips to Increase Your Visibility
Where and How to Network – Putting a face to a name leads to more business
Why Certifications Matter
But that’s just the start.  I show you how to expand your REO business, who you need to add to your team and when to add them and most importantly, how to avoid the pitfalls of rapid business growth.
The REO Listing Secrets Course
comes with a full 30 day money back guarantee. If it’s not for you, just tell me. But please, open your mind, read through it and take the time to really think about what a steady stream of listings can do for you, your family and your business.
REO Listing Secrets
Just $97
Smart agents make money in any market – good or bad.  We made a lot of money in the real estate run up. We can make a lot of money in this foreclosure market, too.
Just click the button below and my manual will be delivered to you instantly. You can start this new phase of your real estate career right now.
CLICK HERE TO PURCHASE
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Result of REO Listing Secrets

Ed Kowalski started his real estate career as an investor., more specifically, as a Wholesaler and Rehabber. His first five years in real estate were spent working ,Learn how to be the best real estate agent, increase your real estate sales by becoming an REO listing agent.,REO Listing Secrets. 277 likes · 2 talking about this.,The REO Listing Secrets Course is over 100 pages of detailed information showing you step-by-step how to get started in REOs and build your business.,REO Listing Secrets. 281 "Mi piace"· 4 persone ne parlano. Ed Kowalski is a successful agent who built a six-figure REO listing business in just three short years.,We would like to show you a description here but the site wont allow us.,Reo Listing Secrets Reo Listing Secrets Shows Real Estate Agents How To Maximize Their Income By Leveraging The Hottest Area Of Real Estate Today.,Reo Listing Secrets | Reviews | bonus Reo Listing Secrets,REO BPO Secrets is the key source to list and sell Bank REO Properties. A list of over 500+ companies provided.,The REO Listing Secrets is committed to your long-term and ongoing success as a real estate professional within the BPO and REO businesses.

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