Realtors demand fair distribution of foreclosed property listings
We the under signed, Realtors of the United States of America now possess a direct interest (as a direct result of TARP, Troubled Asset Relief Program) in variety of different lenders that are selling... continue reading »
"Many REO companies are not even accepting new applications from realtors not already in their system, seemingly promoting a "closed door policy". This is indeed unfair to those realtors, the very group of people whom those troubled banks expects to sell t"
"The system is broken! The Banks/Lenders, need to get on with them/selves. If they would realize that selling short is more of a win win, then loss would be less to them / REO's MOST ARE JUST UNCALLED FOR. The Banks have no problem taking the bail out mone"
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"Yes I beleive other agents should be able to list foreclosed properties with banks and HUD as the companies that have these are sometimes a combined realty ,bank and mortgage co and they are not very helpful to agents trying to show and sale these houses."
"Fair is fair let all of us share the listing"
"I would think that the sellers would want the best agents they can get. Many of their current agents are overwhelmed by the volume and/or paperwork involved. Also many are non-responsive, rude, don't represent the properties correctly and some have never "
"more Realtors should be able to list these properties and not have to jump thru hoops, ie, turn on the electric in their name"
"All I need is ONE REO Listing every two months to survive. I am not able to make my house payments. NO closes for 3months although lots of action around me. I am not sitting on my can either."
"Passage of this legislation is extremely important to other realtors making a decent living selling REO's"
"Only 9000 more morons to go"
"DO It!"
"The lenders will certainly get much better representation this way"