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Glendive is a city in and the county seat of Dawson County, Montana. Glendive was established by the Northern Pacific Railway when they built the transcontinental railroad across the northern tier of the western United States from Minnesota to the Pacific ...

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Exact matches only Search in title Search in content Search in comments Search in excerpt Filter by Custom Post Type Content from { "homeurl": "", "resultstype": "vertical", "resultsposition": "hover", "itemscount": 4, "imagewidth": 70, "imageheight": 70, "resultitemheight": "auto", "showauthor": 0, "showdate": 1, "showdescription": 1, "charcount": 3, "noresultstext": "No results!", "didyoumeantext": "Did you mean:", "defaultImage": "", "highlight": 0, "highlightwholewords": 1, "openToBlank": 1, "scrollToResults": 0, "resultareaclickable": 1, "autocomplete": { "enabled": 1, "googleOnly": 1, "lang": "en", "mobile": 1 }, "triggerontype": 1, "triggeronclick": 1, "triggeronreturn": 1, "triggerOnFacetChange": 1, "trigger": { "delay": 300, "autocomplete_delay": 310 }, "overridewpdefault": 0, "override_method": "post", "redirectonclick": 0, "redirectClickTo": "results_page", "redirect_on_enter": 0, "redirectEnterTo": "results_page", "redirect_url": "?s={phrase}", "settingsimagepos": "left", "settingsVisible": 0, "hresulthidedesc": "0", "prescontainerheight": "400px", "pshowsubtitle": "0", "pshowdesc": "1", "closeOnDocClick": 1, "iifNoImage": "description", "iiRows": 2, "iiGutter": 5, "iitemsWidth": 200, "iitemsHeight": 200, "iishowOverlay": 1, "iiblurOverlay": 1, "iihideContent": 1, "loaderLocation": "auto", "analytics": 0, "analyticsString": "", "show_more": { "url": "?s={phrase}", "action": "ajax" }, "mobile": { "trigger_on_type": 1, "trigger_on_click": 1, "hide_keyboard": 0 }, "compact": { "enabled": 1, "width": "300px", "closeOnMagnifier": 1, "closeOnDocument": 0, "position": "fixed", "overlay": 0 }, "animations": { "pc": { "settings": { "anim" : "fadedrop", "dur" : 300 }, "results" : { "anim" : "fadedrop", "dur" : 300 }, "items" : "fadeInDown" }, "mob": { "settings": { "anim" : "fadedrop", "dur" : 300 }, "results" : { "anim" : "fadedrop", "dur" : 300 }, "items" : "voidanim" } }, "autop": { "state": "disabled", "phrase": "", "count": 100 } } Home News Buying/Selling Consumer Luxury National Spotlights Best Practices Agent Broker Coaching Lead Gen Teams Marketing Agent Best Practices Branding Broker Niche Technology Agent Apps/Gadgets Best Practices Broker Innovation Social Media Business Insights Content Generation Marketing Trends Advice Buying/Selling For Your Clients Home Improvement How-To Lifestyle Events RISMedia’s Power Broker Forum and Newsmakers Reception & Dinner RISMedia CEO Exchange RISMedia’s 22nd Annual Power Broker Forum, Reception & Dinner Subscribe Realtor® Courses Shop   Select Page REO Properties: Responsibilities, Education, and Opportunities for Real Estate Professionals By Marc Gould Share This Post Now! With real estate owned (REO) properties numbering in the millions, agents vying for new business opportunities will find an abounding REO marketWith the right insurances in place, brokers will be able to both support their agents’ REO business while amassing new and successful real estate transactions throughout the yearWith every new real estate niche, however, education is paramount to prosperity. To address this need for advanced REO training, The Real Estate Buyer’s Agent Council (REBAC) teamed up with Ed Bugos, ABR®, BPOR, SFR®, a knowledgeable REO business specialist and instructor, to bring real estate professionals a comprehensive course on the expectations of REO business, titled REO Properties: Responsibilities, Education, and Opportunities for Real Estate Professionals. Bugos offers the following tips to help answer your questions and assist you in creating an REO-specific plan for your brokerage Content Square 1. What is a common misunderstanding about REO business? A common misunderstanding is that a general real estate transaction business model can support yearly REO businessThe truth is your brokerage could incur thousands of dollars in unexpected expenses come the end of the year without having the back-end transactional framework in place to support REOs. What value can brokers gain by learning about REOs? Content Square 2. When an agent completes his/her first REO, the broker and brokerage must be prepared to handle any transactional issues that may occurPlus, the more education brokers and agents receive, the smoother the business will be. What future do you see in the REO market? My best educated guess is that after the presidential election year, the REO market will get stronger and longer through 2015 and 2016It looks to me like the market is readying for another REO flood, but, we’ll have to wait and see Content Square 3. You’ve taught several REO Properties courses so farHow has the response been? It’s exceeded my expectationsThere is so much excitement from my end to teach and the students’ end to learnHere is a true testament to this courseA student of mine had already completed an REO, but explained that the entire transaction process was complicated and extremely stressfulAs I went through the policies and procedures associated with REO transactions, I kept hearing “Ah-ha!” It was a welcoming confirmation that a piece of important information had, until that moment, been a mystery to her and, subsequently, her broker. What advice would you offer to brokers? Be trainers within your companyUnderstand what your agents are doing or what they are up against and have a plan in place to back their businessIf you know your agents are exploring different real estate opportunities, encourage them and become the source of knowledge. Covering a range of topics, the REO Properties: Responsibilities, Education, and Opportunities for Real Estate Professionals course counts as an elective credit toward earning the Accredited Buyer’s Representative (ABR®) designation. Students interested in signing up for the new course can visit to find a course in their area or log onto to learn more. A wholly-owned subsidiary of the National Association of REALTORS® (NAR), The Real Estate Buyer’s Agent Council (REBAC) is the world’s largest association of real estate professionals focusing specifically on representing the real estate buyerWith more than 30,000 active members, REBAC awards the Accredited Buyer’s Representative (ABR®) designation to REALTORS® who work directly with buyer-clientsTo learn more visit Facebook Comments Phone Deductions If you have a dedicated landline telephone for business, you can fully deduct this expenseIf you use your cell phone only, you are eligible to deduct the business percentage of that expense. Deduct more with QuickBooks Self-Employed Prime Square Trending Just Released: The Top 1,000 Brokerage Firms in the U.S.Can Millennials Move On and Up?How Real Estate Agents Can Master the 5 Most Popular Social Media SitesLooking Back to Move Forward: Power Brokers Reflect on 2017Fair Housing: From Dream to RealityShould I #DeleteFacebook?The Makings of a Power Broker: Keys to Success If this tag is to be placed on an SSL page, change the * '' * to * '' * * This noscript section of this tag only shows image bannersThere * is no width or height in these banners, so if you want these tags to * allocate space for the ad before it shows, you will need to add this * information to the tag. * * If you do not want to deal with the intricities of the noscript * section, delete the tag (from )On * average, the noscript tag is called from less than 1% of internet * users. */--> "); // ]]><a href='' target='_blank'><img src='' border='0' alt=' /></a> --> Bottom Leader Board goes here. 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