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Effective REO Property Listing Management 240

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Description:

Foreclosure sales are rising, which means that knowledgeable agents who can handle the influx of bank-owned Real Estate Owned (REO) listings are in high demand right now in local areas throughout the nation.

But there is a lot that often needs to go into selling distressed real estate — it's much more than just listing a property in the Multiple Listing Service (MLS) or getting it indexed on a handful of Web sites.

Indeed, foreclosure agents need to understand how to effectively maintain and preserve the value of their listings. It's the key component to successfully managing REO listings. In short, you must know how to salvage, maintain, reshape and remarket these properties to ensure swift sales.

Cathy McDaniel — who boasts more than 15 years in the REO industry working alongside banks, lenders, asset management companies, buyers and mortgage lenders - will cover all the important items you need to know in this two-and-a-half-hour Certified Foreclosure Agent training course offered through Foreclosure.com Agent University.

Banks, lenders and other REO sellers will rank your performance with each assignment, making it critical that you make a memorable impression with them right out of the gate and beyond. There is no tolerance for late reports, errors, and "lack of experience" as an answer for not completing the assignment or a specific task on time.

Your REO client's primary objective is to manage and sell their property efficiently and cost effectively to achieve the highest possible recovery in the shortest amount of time. We'll show you how to help them do that in record time and emerge in their eyes as a foreclosure agent superstar!

This course will cover:

Securing the property - "Cash For Keys - Relocation Assistance" procedure
Inspecting and preparing REO properties for marketing
Strategic ways to move your properties to "Under Contract"
Closing out your REO transactions right
Risk managements

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?

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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 REALTORSŽ.
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