REO Listing Secrets CB | REO Listing Secrets
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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.
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THE COMING AVALANCHE
There are over 12 million properties currently in pre-foreclosure.
The banks have been controlling the rate at which they drop properties
on the market. But the dam is about to burst!
IN SHORT, THE FORECLOSURE MARKET IS NOT GOING AWAY!
That means an increase in supply which brings about a decrease in
values.
STOP SWIMMING AGAINST THE TIDE!
The average real estate agent did 8 transaction sides in 2010. What
does that mean? It means the average real estate agent was starving
even though they were working hard. You are probably running into the
same obstacles everyone else is hitting:
* Sellers who were underwater
* Financing falling through
* Buyers scared off by sensational media reports and an uncertain
market
* Comps that were all over the map
Perhaps you tried short sales -- not a bad play in this market if you
have time to wait for the bank to finally approve the short sale and
then have the patience (how long have you been on hold?) to negotiate
the price.
REO Listings are ready to go. No months of negotiating. No sellers
with unrealistic prices in their heads. No depressing tales of woe.
Just properties ready to be moved -- by YOU!
WHY I'M NOT A "RETAIL" AGENT
Clearly, the lion's share of real estate agents out there focus in
the retail arena. You’ll see them wasting spending their time
courting retail listings from hard-to-please John Q. House Seller, who
just can't understand why his house is not worth today even what he
paid for it in 2004. They also waste spend evenings and weekends
driving picky Suzie Q. House Buyer around from house to house for
weeks on end, only to have her end up buying a FSBO she found on
Craigslist and cutting them out of the picture all together.
Thanks, but NO thanks. One of the best parts of REO in my opinion
is that it’s not laden with so many of the typical hassles of
traditional real estate. And to me that means skipping out on all of
the above.
* I’m not driving buyers around all over God’s creation
* I’m not meeting homeowners at their house and begging for
their listing
* I’m not bursting their bubble trying to explain why the price
they want is crazy
Basically, I’m not doing the typical Realtor song and dance. As
I've said, that’s for retail agents…GOD BLESS ‘EM…but I’m
just not that guy.
If you're looking for
* Quick Sales
* No Drama
* High Volume, Repeat Business
then REO Listing Secrets is for you.
REO LISTING SECRETS
JUST $97
IF YOU'RE READY TO GET STARTED JUST CLICK THE BUTTON BELOW.
PUT YOURSELF ON THE PATH TO SUCCESS NOW!
CLICK HERE TO PURCHASE
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If you have any questions or need any clarification on anything in
this course, please contact me at: reopromotion@gmail.com
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