Bryan and Neilla Vargem

Good Day

Well here we are, just as a re-cap we started signing up with companies about 60 days ago. We have filtered through the BPO mills and companies that issue REO Listings. We have had a wide variety of different BPO on both the commercial and residential side. This has been a great experience and we have learned a ton about our market and the future coming. Now with that being said we and not trying to learn our market by doing BPO's, our goal is to get listings. We started this journey to see if all the nay Sayer's were right, you know the agent that say" its too late to get REO Listings" That the market is saturatedwith agents like you trying to get listings. Now we are in-line to get REO listings and making good money while we do it. We always believe in positive thinking, and no matter when you start there is always time to be great.

We look forward to your comments and suggestions

Stay Tuned

Bryan & Neilla

OK, so the journey continues. We are getting BPO's from several companies at this time, commercial and residential. When we first started signing up to these companies, we were only getting orders from one company. Now we get 1-3 companies a week calling us personally and asking us if we can get them done or rush them. Now we had to ask ourselves, do we really want them (some are very rural and very unique properties). We figure hard work pays off so we take them all. 90% of them are slam dunks, we are in one of the foreclosure capitals of the USA its that 10% that you really learn from. And we have built upon or skills by taking the hard ones, so we suggest everyone do it. Well we should be getting or first listing anytime now we can feel it, and if we don't we are learning so much about our market that we can truly advertise "area specialists" and have it be true.

Any comments are welcomed.

Question of the day--- "Now that we are doing all these BPO's, What would be our next step to get REO Listings?

Bryan & Neilla

Happy Sunday to you all, well yesterday we had to do our first out of town BPO's. Two different companies called us and asked us to do them a favor, we of course said sure. One was a Gas Station commercial property in South Lake Tahoe CA. I have done my fair share of commercial deals, but this was our first commercial BPO. I cant lie it was a tough one (to find comps) but had great luck searching on Biz Ben and found some gas station brokers who gave me a had. The other one was in Murphy's CA, nice little townhouse style property in the heart of the foothills. The drives were great and we had a great time together just talking and site seeing. What a great business we are have, one that will take us to new places and get paid to do it. We did these BPO because they asked and could tell everyone was turning them down so we did not hesitate to say sure we can help. The good thing is they both stated we will get the REO listing if the bank takes it back (both are in NOD). So you see it pays to help others and not always just think of how much it will be a pain your ass to help them

Bryan & Neilla Vargem

So far we are doing about on average 3 BPO's per day. we think that is great considering we just entered this type of market. We have had a few asset management companies state to us that we will be receiving REO listings coming up in the next 30 days (and not our area us as a team). So our question to all is now that we are signed up with all the companies and receiving BPOS. should we start contacting the companies direct to butter them up to get their listings? We have see mixed feeling about calling companies

Any and all positive comments welcomed

Bryan & Neilla Vargem

Well, its Friday and things are going great. We have received a hand full of BPO's and have been approved from several asset management companies. If any one can tells us what companies they are getting the most listings from? Chances are we have signed up with them, we are just trying to go through and confirm the companies that give out the most listing in CA. Several big companies have told us we "will" be receiving REO listings soon. So we will continue on this path and report our progress. Our goal is to post our journey from initial contact through closing on our REO listings.

Thanks to all for the advice, help and positive messages

Bryan & Neilla Vargem