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How to find foreclosure leads and turn them into clients

Housing Wire

Depending on where they are in the process, they might still be living in the home (also called pre-foreclosure), actively listed for auction or already repossessed by the bank (referred to as real estate owned or REO). Plus, while other agents are chasing FSBOs and expired listings, foreclosure leads are often overlooked.

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Distressed Property: What It Is And How To Invest

AAOA

Sometimes, life throws the owner curveballslike divorce, bankruptcy, or forced liquidationwhich can also lead a property down this path. Bank-Owned (REOs): Real estate-owned (REO) properties are ones that didnt sell at foreclosure auctions and are now owned by the bank or lender.

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Warning: Housing Bubbles Tend to Burst. Here’s How Agents Can Prepare

The Close

Builders were selling homes by lottery, and real estate agents were living large—and so was I. Like many others, I owned multiple properties and I was building custom homes on the side for big profits. As agents, we knew that 100%, no-document lending was wrong, but we didn’t know the consequences. I was fortunate.

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5 Takeaways from Ryan Serhant’s New Show Owning Manhattan

BAM Media

While most agents are headed toward beach towels and piña coladas, summer is your prime time to hone in on your business and set yourself up for dominating the second half of the year. Reality TV isn’t exactly known for its deep dives into how most agents operate. years ago and currently has about 350 agents. Sign up here.