Wells Fargo Limits REO Agents

Many of our clients have asked whether or not they should register with Default School and Wells Fargo’s REO (foreclosure) division. Here is a response that PAS (http://www.pasreo.com/reo/), Well’s REO division, posted on their site:

Notice to Agents

Premiere Asset Services (PAS) has made a business decision to limit access to our online training program for the time being. We will continue to recruit in individual markets, but future access to the training and the network will be by invitation only.

The overwhelming response to our courses has been terrific and our real estate agent network is much stronger as a result of this training initiative. However, it is now appropriate for PAS to focus our resources and business on our existing network members. As future REO and BPO volume demands present themselves, the need to again open up the network may occur.

Thank you for your continued support and understanding.

PAS Network Management

PASAgents@wellsfargo.com

There is a lot of work out there with many of the smaller companies. Please don’t be discouraged by one company’s business model. Please visit the NFSTI Business Index for over 125 companies that need certified, qualified agents like yourself.

Sincerely,

NFSTI Customer Services
P: 720-  ALL-BANX
(720-255-2269)
F: 720-862-2584
E:
Info@NFSTI.com
W: www.NFSTI.com
“Elevating the Standards of REO Professionals”

Published in: on January 9, 2008 at 1:43 am  Comments (11)  
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11 CommentsLeave a comment

  1. I am a team leader of 9 agents for Remax Gold in Yuba, Sutter, and Butte Counties. We would like to get on your list to do REO’s and or forclosure sales. How can we get on the list? We have more than capable agents that can handle forclosure.

    Jackie S. Moon
    530-300-4152

  2. We have handled REO properties successfully for the past 3 years and would like to get on your list to handle your REO properties. Please let us know whaat information you need us to provide.
    Cindy and Gerry Stewart CRS,GRI
    Broker Associates
    Keller Williams Realty

  3. Tarbell’s REO Dept. REO Management – Southern California

    http://www.DesertAreaREO.com

    Joe@DesertAreaREO.com

    760-322-1711 Ext: 339

  4. I am looking to handle various areas of Phoenix East Valley, Chandler, Gilbert, Ahwatukee, Tempe. I have team that handles all facets of REO, including evictions. Please contact me at 480-242-9775.

  5. I would like infromation on how to get on your agent waiting list. I am a broker that deals in REO assets in the Orlando Fl area. Our team is willing to complete BPO orders to get our foot in the door. We work with several banks including Countywide. Nation Star, Suntrust and several others. We have great current letters of refences. Thank you.

  6. I am an independent Real Estate Broker in Chicago, IL. My team and I would like to get on your list to do REO’s and or foreclosure sales. How can we get on the list?

  7. For bank properties, do agents compete on commissions or do they all get paid the same fees?

    Seems like the service is the same (discounted), I have never seem a listing agent on any of the bank properties that I have sold.

  8. How can we get on your list to sell REO properties? I have a partner and we both have been working together and selling REO listings for over 1 year. Please help we are trying to expand our business.

    Thanks for your time
    Kelly

  9. I was set up for Wells Fargo and was given a password and did the training and I would like to know if my name is still on the list?
    Vivian

  10. I am a preservation company currently looking for work in the Chicagoland area, please contact me for any work you may have
    Thanks
    Angelo Karras
    847-651-8968

  11. SOUTHERN REO SERVICES For all your REO SERVICE one phone call will get the job done
    Please call Keith Middleton 615-587-0697 OR
    Jeff Campbell 615-995-2429

    Our Operation: Over the past 25 years we have been in all phases of residential construction. We have assembled a team that can handle just about every aspect of what it takes to get a property, especially an REO property, in shape and ready for market. We work exclusively for Banks, Lenders, and Realtors so we know what to expect and what is expected. Moreover, we understand that a job done properly is important and time is of the essence. So we always return proposals to you within 48 hours and make every effort to begin work within 48 of written approval.

    Service Provided: Cleanup and Cleanouts (Debris Removal)
    Interior & Exterior Cleaning and Deodorization
    Property Securing/Rekeying Property Inspection and Repair Bids
    Board ups
    Emergency Repairs
    Initial & Periodic Lawn and Landscaping Service Phone
    Initial Tree Cutting Services
    Winterization and Dewinterizations
    General Repairs
    Painting, Carpet and Vinyl Email
    Electrical, Plumbing and HVAC
    System Checks
    Roof’s Tarped, Repaired, replaced
    Demolition
    Pools Covered or Removed
    Before & After Photos

    Service Area:
    Middle TN


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