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Growing our Reo Business Bank-owned inventory is slowing nationwide, but markets with higher levels still exist and are in need of REO agents and brokers to service them.

Statistics According to Clear Capital’s Home Data Index, over the last 3 months (December 2016–February 2017) 14.3 percent of all sales were REO. While this percentage has improved, it’s still higher than precrisis levels, which hovered around 3 percent.

Listing REO properties continues to be a relevant, highly sought-after skillset. Brokers and agents with this expertise should make it known to those in need – that might mean changing the way you market your business.

The most successful have these five traits in common 1. They market themselves across all channels. 2. They have a positive attitude. 3. They always answer their phones. 4. They go above and beyond. 5. They represent you and your business well.

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