Find those folks.Also look for agents that bill themselves as short-sale specialists.

Okay, I'll be hypocritical and include myself, but I don't have any intention of teaching, at least not in this arena as a paid instructor.Consider what state real estate commissions may require for agent's education, usually a master's degree and so many years as a broker, and then it may still be on a probationary basis, reviewed, examined as well as structured as to content.

I think the financial incentive is too great for agents to always do right by the seller.

I had originally wanted to flip houses, but it seems like it would be hard to find enough deals to keep me busy.If anyone in Denver has recommendations for agents or contractors, I'd love to hear them!

The house was in a profitable neighbor and was in the family for ages but was vacant and needed some updating to state the least.When the homeowner asked what was his offer over the phone; knowing the area comps and guestimating on the rehab(because he hadn't inspected the property at all) he stated 'somewhere between $65K and $85K'.

Here is an example: I once had my apartment for sale for $1.6M offering a 3% coop amount for agents that bring a buyer to a closing.

Here are a list of 5 apps that two successful realtors I know are using on their iPads:1.Property Evaluator: This is an app for agents who work primarily on REOs or with real estate investors because it is a real estate investment analysis software.

.$130,000 Purchase price $2,600 Purchase closing costs $25,000 repairs $12,600 interest (computed on above items, 16%, 6 mo, $157,600) $11,900 points (computed on above items, 7 points on $170,000) $3,000 holding costs (insurance, taxes, utilities) $17,600 sales closing costs (6% for agents, 2% for other costs)$202,700 total costs$220,000 sales price $17,300 potential profitThat's sort of a worst case for the hard money costs.

What is your advise for Agents to learn?

Wayne -There are a number of reo confrences each year which are sponsored by REOMAC, NRBA, etc...They have roundtables and intros to the asset management companies for agents...