Agents

Select the agent profile if you are a licensed real estate agent and would like to receive property listings from Lenders. Selecting this option will enable you to receive foreclosure listings and perform BPO requests. REO Prep members have been registered as the #1 choice. When a Lender chooses an REO Prep member they know their license is in good standing, that they are highly qualified, and experienced enough to handle the high volume listing demands.

Buyers

Select the buyer profile if you are a home buyer or investor looking for foreclosed properties. Lenders have the option to have one of our REO Prep agents close a deal for you immediately. Have you seen some great deals sell before they even hit the market? This is because in many cases when the Lender assigns a new listing to an REO Prep agent. We go through our database which has our buyer members approved price and specifics. This is just another way REO Prep maintains a pre approved highly qualified membership of buyers.

Appraiser's / BPO's

Select the BPO profile if you are ready to work. The amount of Foreclosure and Short Sales has been increasing dramatically each month. This increasing demand is driving the need for BPO requests.

Vendors

Increase your exposure by placing your company information in front of thousands of active Agents, Buyers, and Sellers every day!

What would happen to your business if you could list your company's contact information readily available to highly productive agents in the Real Estate industry?
Become a REO Prep certified vendor today and connect with top producing agents in your area.

Click here to inquire

REO Prep IS THE #1 WAY TO GET REO AND SHORT SALE LISTINGS.

Currently 46% of all Real Estate sold nationwide is distressed (REO or Short Sale). Most of the nations largest banks (4 of the top 5) including government entities, use REO Prep to select Listing Agents and manage the sale of their Real Estate. In addition to nation wide banks, REO Prep provides qualified listing agents for multiple affiliated asset management companies, and smaller financial institutions. Over 32,000 distressed Real Estate listings are assigned through REO Prep every month.

If you're looking to gain additional Listings:

CREATE AN ACCOUNT Today!

Connect with approved vendors

Services Offered :

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Short sales priced aggressively- In addition to the growing numbers of short sales, reports show other trends pointing to a housing market climate that is becoming more favorable to successful short sales. Efforts to streamline the often-lengthy short sale approval process appear to finally be paying off, with the average time to sell a pre-foreclosure property edging lower for the first quarter of 2013.

Foreclosure filings- Default notices, scheduled auctions and bank repossessions were reported on 183,140 U.S. properties last month, a decrease of 4.1 percent from the previous month and a decrease of 16 percent from 2012. The report also shows 1 in every 593 U.S. housing units with a foreclosure filing during the month. U.S. foreclosure activity continued its uneven descent last month as the overall numbers declined on an annual basis for the 34th straight month. These numbers explain the growing number of approved short sales.

If you are also looking to increase your short sale volume please remember to select the short sale acceptance designation located at the top of your certified profile.
REO Prep is your direct connection to receiving more listings/BPO's. Become an approved member in just minutes.
There are a few different types of memberships; each membership is customized to the specific needs of different vendors.

To begin, please select the type of account that you would like to create. REO Prep will only accept qualified members.

Do You Want More Listings?

Once you are part of the marketplace, all lenders have to do is click a button to assign you listings.

REO Prep maintains a membership that the Lenders continue to trust. Many companies are trying to sell you Lists of companies where you attempt to become one of their foreclosure listing agents. Many companies are charging you a large fee for these lists. Have you noticed that the banks do not call you?

At REO Prep you are charged a nominal monthly fee that is month to month to keep you educated. The Lenders know REO Prep members are highly qualified, updated on a regular basis and ready to perform quickly in high volume situations.

NOTE:
If you are an agent that provides more than one service mentioned above, REO Prep encourages you to join more than one membership. In some cases you may not have been assigned a listing for a specific zip code however you may have the option to perform a BPO.

REO Prep also encourages you to expand your working area to multiple zip codes. At REO Prep we encourage the lenders to work with the highest qualified agent in the areas however we do provide multiple choices.