REO Reinvention – Frank Patrick

REO Reinvention – Frank Patrick

How I Made $69,813 Selling
23 Homes in April, One of the Worst Months for Real Estate
Sales Ever Recorded
Now You Can Follow My Simple, Step-By-Step Guide To Break Into This
Lucrative Niche Market Without Spending A Fortune On Advertising
And Without Working Evenings Or Weekends EVER AGAIN — 100% Guaranteed!!!

Dear Colleague,
It’s no secret, the real estate market has changed. Foreclosures are up 115% over last year and
industry analysts predict that this is only the tip of the iceberg. The Mortgage Bankers Association of America has predicted that there will be as many as 7 million foreclosures in 2010, that’s more than double the number of foreclosures in 2009. Many industry experts predict that there will be millions of foreclosures over the next 6 years while the real estate market struggles to recover.

The numbers are absolutely staggering and financial institutions nationwide are scrambling to find agents who understand REO (bank foreclosure) to list and sell their foreclosed properties. You’re about to discover a proven, sure-fire way to break into the REO business and make a fortune during the biggest housing bust of our generation.

Even if you are doing okay now, you can double, triple, or even quadruple your income by picking up just one REO client. I added one new REO client back in January and am averaging an extra $12,000 a month in commissions……….what could you do with an extra $12,000 a month?
Maybe it’s not about the money to you. Let me ask you a question…

Do you dream of a business that allows you to work 8-5?

Do you dream of taking off every weekend and spending it with your loved ones?

Do you dream of turning off your cell phone when you get home and not turning it on again until you walk into to office the next day?

Do you dream of a real estate practice that provides you with a steady predictable 6-figure income where you work with only a handful of clients that treat you like a professional?

Do you dream of a successful real estate practice that does not require you to spend an arm and a leg on marketing and advertising?

Well, you know what? Those were my dreams, too! And I was able to achieve all of those things as an REO agent and you can to with the help of my…….

Step-By-Step System For Listing
and Selling Bank Foreclosures!

That’s what this website is about… showing you where to turn to find a simple, detailed guide on how to get started earning money as an REO Agent.

You have probably never heard of me, but I happen to be one of the nation’s top REO agents. I got my real estate license in May of 2000 and have averaged over 100 transactions per year for the last 7 years. In April of 2007, which according to industry experts, was one of the worst months on record, I had my best month ever closing 23 transactions and earning $69,813 in commissions. And I am on track to close over 197 transactions this year for a projected $750,000 in commissions.

Not bad for a college dropout, working from a 1,200 sq. basement office in a small Midwesterntown of less than 48,000 people.

I accept a very limited number of phone consultations each year, where I charge $500.00 per hour.
Over the last few years I have helped over 1,200 brokers and agents break into the REO business. Many of them have created REO practices even more successful than my own.

I don’t say all of this to impress you, I say it to impress upon you that I have been studying the bank foreclosure business nearly seven years, I know what I am talking about and I can help you achieve Massive Success beyond what you ever thought possible.

The good news for you is, even though the information I have put together for you took me hundreds of hours of research and seven years of trial and error, you are not going to need to invest at my “”consulting fee”” rate.

And It’s So Simple, Even A New Agent Can Do It!

I recently released a brand new REO Renegades home study course that will teach you the very strategies that I used to get started in this lucrative business niche quickly and avoid making costly rookie mistakes.

Understand, this isn’t information you’ll find in all the other real estate books that are out there — you’ll be learning my deepest secrets about how do I get bank owned listings, service them, and how I sell them quickly for big commissions. Plus, I will teach you how to build a $6-Figure BPO Business.

Here’s just a small sample of what you’ll discover and
learn from my REO Renegades home study course:

How the REO industry works

Understanding the foreclosure process

How to find financial institutions with properties to list and register with them

The one and only place to pay to advertise for REO listings (it’s under $100 a month and has brought me hundreds of thousands of dollars in commissions)

What services you must provide in order to get listings

Why you’ll never get a listing from local banks

What to say when contacted by an asset manager inquiring about your experience selling REO’s (or lack of)

The real reasons asset managers choose an agent — the secret truth long known by master REO Agents finally revealed

How to organize your business for success

The tips, tricks, and techniques to get your listings priced to sell

The most important part of every letter and email you write to your asset manager

21 simple steps for creating BPO’s that get you the listing

7 Ways to get blacklisted and never get another listing

Here’s what else you’ll get out of your course:

A $29 ad guaranteed to gather a herd of hungry investors eager to buy your listings.

Why asset managers don’t always choose the best agent for the job.

The 3 things that you must do each month to keep your listings

The inside secrets to automating your business so that you can take off every evening and weekend and never worry about losing a sale.

The one techno gadget that you can’t live without

Which contact management system is most effective for REO agents

How to get paid $65-$125 an hour preparing Broker Price Opinion’s ( mini CMA’s) from home in your pajamas.

And, believe me… this is just the beginning of what you will get from my REO Renegades home study course.

This is your invitation To Learn What Very Few Agents Know About Building
a $6-Figure REO Practice

The REO Renegades Training is not available anywhere else. You won’t learn it from agents in your office, from your broker, from a seminar or from a book. I know this to be true because I’ve been there and I’ve done that. I’ve attended the conventions, bought the books, went to the boot camps…..and like they say “I’ve got the t-shirt”. I have spent hundreds of hours and thousands of dollars studying the REO business. It took me seven long years of hard work, research, trial and error and nearly 1,000 real estate transactions to develop the REO Renegades Training.
The REO Renegades Home Study Training Course
How to List and Sell Foreclosed Properties Manual: “A Simple Step By Step Guide for Breaking Into The Bank Foreclosure Business.”

Quite possibly the best guide EVER written for agents interested in listing and selling REO’s (bank owned homes). You’ll learn more about listing and selling REO’s here in about 2 hours than you would if you spent the next three years traveling across the country attending REO conventions and interviewing the top REO agents in business today. And the best thing is, you don’t have to read the entire guide to begin your REO career. You can learn step by step “on the job”.

Here’s a just a small sample of what you’ll learn…….

In “Chapter 1” you’ll learn the five effective techniques that I use every day to get REO listings. This one chapter should be worth hundreds of thousands of dollars in commissions to you. To be successful in the REO business you need to know where to find banks and financial institutions that have foreclosed properties to sell and how to get them to choose you as their agent of choice.

In “Chapter 2” you’ll learn where not to get listings. Over the last seven years I have “beat my head against the wall” hundreds of times trying to get foreclosure listings from the wrong places. In just a few minutes you can learn from my mistakes and save yourself thousands of dollars in wasted advertising and countless hours of frustration.

In “Chapter 15” I’ll reveal the most cost effective way to advertise and market your listings. I am currently carrying over one hundred active listings and I’m spending less than $100 a month on advertising. I’ll even show you how use a weekly email to double end an average of three transactions a month without ever showing a property.
“How to Build a BPO Business Manual” – “A Complete, Step-By-Step Guide to Preparing Broker Price Opinion’s ( mini CMA’s).”
The most comprehensive guide EVER written for agents interested in performing BPO’s for banks and financial institutions. You’ll learn everything that you need to know to start making $65 – $125 an hour preparing fee based BPO’s while building your REO listing inventory. Many of my members are earning more than $2,000 a week on their BPO income alone!
Here’s a small sample of what you’ll learn……

In “Chapter 1” you’ll learn the three most critical steps to take to set your BPO business up for success. I’ll reveal the four types of companies that order BPO’s and show you how to register with them to start receiving work orders right away.

In “Chapter 2” you’ll learn how to effectively conduct the research for your BPO before visiting the subject property and I’ll reveal the secret technique that allows me to complete a BPO in less than 30 minutes.

In “Chapter 3” I’ll show you exactly how to fill out your BPO, choose comparables, and make adjustments effectively. Follow my step-by-step BPO Completion Guide and your BPO’s will never be rejected by the dreaded “quality control department”.

FREE Access to the REO Renegades Fast Start Coaching Call
You can have free access to this live 1 hour coaching call. Listen in as Frank reveals the exact strategies he used to build his highly profitable REO practice. You will learn how to jump start your REO business and have an opportunity to get your questions answered.

FREE Access to the BPO Renegades Fast Start Coaching Call
You can have free access to this live 1 hour coaching call. Listen in as Frank lays out the exact steps that you need to take to start earning $65 to $125 per hour performing BPO’s. You’ll learn secret techniques that will enable you complete any BPO in under an hour and you’ll learn how to use leverage to build a 6 figure BPO business.
“Top Secret Registration List” The list of 117+ Financial Institutions & REO Asset Management Companies to register with so that you can start receiving REO Listings and BPO Assignments immediately. Complete with website links, and instructions. I also reveal the one source where you can find the contact information for every financial institution & REO Department in the Nation.