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Jump Start a Booming REO Business 230

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Description:

Real Estate Owned (REO) business is currently bursting at the seams nationwide — distressed real estate sales continue to increase while traditional sales struggle.

Large amounts of money are changing hands every day as lenders attempt to balance their books and move inventory as efficiently as possible. As a result, REO agents who have forged solid relationships with lenders are reaping the rewards with a seemingly endless supply of transactions.

However, the process of listing and selling REO properties is complicated, requiring specialized agents to pay close attention to detail to ensure that tasks are completed on time for banks and lenders, as well as their outsourced companies. The great news is that agents who can handle this responsibility are often called upon numerous times.

Cathy McDaniel — who boasts more than 15 years in the REO industry working alongside banks, lenders, asset management companies, buyers and mortgage lenders — will provide the training that you need to acquire these specialized skills in this two-and-a-half-hour Certified Foreclosure Agent learning opportunity offered through Foreclosure.com Agent University.

She has worked within the REO arena for nearly two decades as a Broker Price Opinion (BPO) specialist and REO listing agent, working HUD homes for major industry players such as Freddie Mac, HomeSteps and Countrywide, among others. In short, Cathy knows how to get you on the fast track to success with REOs thanks to her firsthand experience on "the other side of the fence."

And she intends to share with you all the secrets she has gained throughout her years, providing you with a unique opportunity to get your foot in the door as an REO agent and the tools to know how to knock it down once you're inside.

This course will cover:

BPO (Broker Price Opinion) key points
The development of a BPO
Review a BPO sample
REO (Real Estate Owned) listing assignment
Breaking into the REO arena

Please note: You will be emailed the course test within one business day of your On Demand purchase.

Remember that this incredible career-building opportunity is discounted for current Certified Foreclosure Agent members. Not a Certified Foreclosure Agent member?

Presenter:

Cathy McDaniel

Cathy — a Master-level Certified Foreclosure Agent instructor — is one of the most recognized experts in the REO industry. Her background of more than 16 years as a real estate agent and loan originator gives her a unique insight into our current market condition.

She is one of the industry experts on matters related to HUD-FHA financing, bank foreclosures, BPOs, short sales, loss mitigation, pre and post home counseling, foreclosure prevention and intervention.
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Acting as consumer advocate to real estate and mortgage professionals, Cathy has taught over 20,000 real estate agents since 2007 and is the author and co-founder of the following designations exclusively presented through the American Real Estate University, Affiliates 360 Training and Foreclosure.com:

Foreclosure Real Estate Owned Specialist® (REOS)
Real Estate ShortSale Specialist® (RESS)
Real Estate Trusted Advisor® (RETA)
Real Estate FHA Advisor® (REFA)
Real Estate Loss Mitigation® and Short Sales® (RELM)
Real Estate Community Service and Outreach® (SERVE)
Real Estate HUD Homes and FHA Financing® (REGOV)
Faith Based Initiative® (GRACE)

Her most recent accomplishment is a book written specific for foreclosure prevention named "A Road Map to Saving Your Home" — a great resource for consumers, real estate and mortgage professionals.

Cathy was named the 2008 Educator of the Year by the Georgia Real Estate Educators Association for her innovative and effective approach to mentoring and training. She is also a certified REALTOR® and member of National Association of REALTORS??.
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