Working with REO Listing Agents
Like previously mentioned, working with REO listing agents is a big deal. The best situation is to find a lock box on the door with no “For Sale” sign.
This is a good indication that the home is vacant and the listing is still pending. There is no “For Sale” sign yet because the REO listing agent doesn’t have the listing yet.
So you have a few weeks, while the property is in transition, to contact the REO listing agent, and let them know you are interested in making an offer.
Now, before you call the listing agent, you need to make sure you know what the value of the property is and what you are willing to offer.
I will go through all this later… [Read more…] about Working Directly with REO Listing Agents