HUD Homes Asset Managers?

[Samantha M.]

When you are looking to wholesale an REO property, you first look at listings on MLS. Once you have found one and submitted a low ball offer that hopefully gets accepted, and you have an option period. If the option period expires and you were unable to find a end buyer for the property you just burned the relationship with that specific asset manager/reo agent. In the future, they are less likely to accept your offers or reject them outright

With a HUD home, to my knowledge there is not a traditional asset manager. When a property goes open bid, I know an asset manager collects the bids, but beyond that I am not certain. If you get the HUD under option, and you fail to find an end buyer, are you going to burn a relationship with a HUD asset manager somewhere out there, who will be less likely to accept future offers? Or is HUD blind to houses that go under option and are not sold.

Thanks for the clarification everyone