A practical guide for REO and BPO agents
Keep the Assets Coming
How to build relationships with asset managers who send you assignment after assignment.
By Michelle Lee · Kairos Service LLC · Kansas City
Coming soon
Coming soon to Amazon.
Kairos Service LLCIntroduction
One Asset Manager, Many Files
REO work is a relationship business. One asset manager who trusts you can send you BPOs, inspections, rekeys, utility tasks and listings for years. Every vendor platform is made up of people: asset managers who are measured on timelines, losses and how few problems reach their desk. When you make their job easier, they remember your name.
The one idea behind this book
“Asset managers do not reward the agent who works the hardest. They reward the agent who makes them look good to their boss, their investor and their auditor.”
What you will learn
- How asset managers are judged, and why that matters to you
- What to have ready before you apply to a panel
- A first-72-hours plan for every new assignment
- Email and phone habits asset managers say they want
- How to protect your cash while you front costs
- How to present offers and close cleanly
- How to use an AI assistant for status reports, offer summaries and reminders
Also included
- First-status and weekly-update email templates
- Ready-to-use AI prompts: introductions, follow-ups, problem reports, price recommendations, offer summaries, reimbursement packets
- New assignment, weekly and after-closing checklists
- A panel application document checklist
- Sources and further reading from servicers and REO brokers
Contents
- Introduction: One Asset Manager, Many Files
- How Asset Managers Think
- Getting on the Panel
- Your First Assignment: The First 72 Hours
- Communication Rules That Build Trust
- BPOs and Pricing They Can Defend
- Property Care, Vendors and Your Money
- Marketing, Offers and Closing
- After Closing: Becoming Their First Call
- Let AI Run Your REO Paperwork
- Prompts, Templates and Checklists
Get your copy today
20-page PDF. Download it right after checkout.
Coming soon
Coming soon to Amazon.
This book is education, not legal, tax or financial advice. Follow your state's licensing rules, your broker's policies and each client's guidelines. For the personal use of the purchaser.