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The REO Realtors Secret Strategy – MLS Swapping

Hey all!!!!!!

Being on the cutting edge of what is going on in the current REO market we wanted to deliver this dirty little secret that some REO brokers are doing with their listings. Watch the video below and discover how Bob has uncovered what many REO Realtors don’t want us, as investors, to figure out. In a nut shell it involves pocket listings and not listing the home in the MLS of the property location. Take a look and let us know what you think

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  1. 5 Comment(s)

  2. By Jermaine Simmons on Apr 13, 2010 | Reply

    Whoa! That’s a very underground way of being sneaky. That takes being underground to a whole new level. Sounds like I need to get in touch with my local MLS board and see who the other MLS boards are in my surrounding area and get access so I can see what’s going on in their MLS systems. That’s a great way to find some diamonds in the rough!

  3. By Jeff on Apr 14, 2010 | Reply

    Very Cool Bob. I work short sales with Shaun McCloskey and just stumbled across this as a way for us to meet the bank’s demand to list the sale but not advertize it to our main market until we are ready to sell on the back end. Glad to hear it can work post foreclosure too!

  4. By BOOMER on Apr 15, 2010 | Reply

    HOW DOES THE LISTING BY THE DOUBLE DIPPING AGENT “HLP ME GET THIS HOUSE”[BOB NORTON]?

    Seems I need to know, what occurs after talking with, and confirming, a sneaky “double dip agent”.

    Hope you also can get the original target home “to contract” the target house in the cul-T-Sac in this acquisition tips video.

    PLEASE teach me more!

    BOOMER cashflow@myinvoicemoneynow.com

  5. By BOOMER on Apr 15, 2010 | Reply

    I plan to use my current website for new focus on approach with property. I need to learn your way. It feels more altruistic to me!and I can make a profit too!
    Signed: BOOMER cashflow@myinvoicemoneynow.com

  6. By James Moore on Jul 3, 2010 | Reply

    I love it, i am from Detroit and just got access to the mls and notice that some listing isn’t on realcomp I am diffidently go to get mirealsource and find those agents.

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