Written by Michael Krein
I spent most of my real estate career managing and selling foreclosures, listing and selling over 25,000 single-family foreclosures before I stopped counting. During this time I formed the National REO Brokers Association (NRBA), the largest broker network and trade group in this industry segment, where I still serve as president. I believe having an REO department is an absolute must for every real estate brokerage. It may be a small market niche and only 3-5% of any overall market right now, but it is once again increasing and can easily be leveraged for additional revenue streams at better than a 5-1 ratio.
Published October 16, 2018 | READ THE FULL ARTICLE ON THEIR SITE