It really helps to understand a person if they go into some of the key events in their past.John Corey

It will be re-assigned to another broker/agent on their list.Listing residential REO ship sailed long ago.Many of my broker friends have stopped listing for banks and work on the buy side more as they pick up a bonus.On the REO side you get hit with BS certifications from asset companies wanting hundreds of dollars a year to be a MEMBER and POSSIBLY land a listing.When you do it's a POC (piece of crap) and you have to outlay a money with rekey and trashout,cash for keys etc. in some cases and wait for the money to be paid back to you.If you have a buyer for the property try to deal with FNMA.If you are just after a listing you need to go with a big reo brokerage already established and be a buyers broker.As local and regional banks have told me they get calls almost everyday from agents wanting to list their REO's.I am more valuable as I focus on the commercial side so they don't get as many of those specialized types.If you are the broker you can go to the local banks and offer to do it cheaper for volume and land business that way.Thanks

One in particular "Landlords: Read your leases" has been on a Blog Carnival, featured on Realtor.com, and a couple agents asked if they could link to it in their newsletters.I was searching on Google Blogsearch to see how my post were hitting for key words.

The key is networking within your local REI group.

Of course, if I don't want them as tenants, I just clarify the Holdover Tenant issue, reiterate the date they need to be out, and initiate the eviction process on the very first day of Holdover.The key is giving adequate notice as required by local law.

Here are the keys to using a birddog: figure out what kind of real estate you want and be specific (ex: 4-plexes in worker class neighborhoods and no association fee).

The key in real estate is really knowing people because it is a people business and building a team can take you places (and make your life a lot less stressful).

There can be exceptions when the seller has indicated they will only review offers that fit some specific criteria.

The co will not guarantee, even with the cool colors, but their studies indicate an energy cost savings of 3% to 10%, and that can be significant.

There is indication that BofA is using the honoring of those loan guarantees as a stick to keep the smaller lenders from dumping their unsold inventory.I can't see how this will keep them out of trouble in the long run but, in CA, the smaller lenders seem to be holding the line.