REO Negotiation Tips

REO Negotiation Tips

Hi DG family,
I am starting (or going to start) making offers on REO properties (bank owned). What i want to do is almost like a system by composing emails that will.

-Start the initial negotiation offer,
-Agree on a final negotiated offer.
-Moving on to the next one

if anyone has any great tips or almost a "how to" this will be great, i will start implementing this right away too ; )

thank you DG family, any question or comment please post.

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Listing Agents

Hi,

Most REO's will be listed through agents, so in order to proceed, you'll have to formally submit an offer through them, generally using their contracts. Personally I don't think e-mail will be an effective way to negotiate, but that's my opinion. Certainly you can use e-mail to make the initial contact with the agent.

Good luck!

- Tom