Just wondering if anyone else has already become compliant with REOVM and what Bank or clients have required this compliance?
THE BENEFITS
of using REO Vendor Manager
FOR AGENTS:
- Increased visibility to multiple lenders, asset management companies and servicers
- Expedited reimbursement timelines
- Client specific online training available
- Automated notification of expiring compliance documents
Looking to increase your REO business? REO Vendor Manager has a new tool available that can benefit both REO vendors and clients equally and we want to invite you to join our network. You don't want to miss this opportunity.
REO Vendor Manager
REO Vendor Manager acts as a national clearinghouse for real estate professionals who specialize in the REO (Real Estate Owned) market. We screen real estate professionals in our network to verify proper compliance (state licensing, insurance, etc.) documents are uploaded based on basic requirements and client specific requirements. In addition, we provide customized client documents for our members.
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Hi Brandon, I'm trying to get into the REO market here in San Antonio. Any suggestions would be welcome. Have you had success with this company?
I have just signed up with them this week. Have you joined REONetwork I would say that would be the first step. You might also check with your local MLS to see if they have any classes on breaking into the business and any REO certification courses available.
I was a member and compliant for over a year. Never received one email other than to renew. I don't believe they manage any assets in Florida.
Todd-You have to be compliant with them to keep Old Republic listings.