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BiggerPockets Resources

Forums » REOs » Asset Management Compainies

Asset Management Compainies Subscribe to Asset Management Compainies

9 posts by 8 users

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Where can I obtain or purchase a list of asset managers with credible contact information? Also looking for a list of brokers/agent that specialize in listing Reo's to market our service business(Mold Remediation) to.
I'm wondering also if we might be better off marketing directly to the loss mitigation depts. inside the banks. :idea:


Property Manager · Atlanta, Georgia


I sometimes receive emails from companies selling such lists. But, from what I understand the lists aren't always accurate. If you send to many email correspondence to people that don't want them then they'll mark you as SPAM. This could stop you from sending emails all together.

The best way in my opinion is to just itemize the cities you service and then use your favorite search engine to find the contacts. Also, you can call and build a relationship with one REO specialist and they'll typically have a list already compiled of their colleagues and even if they don't they have access to their MLS's database and can typically export that list into a spreadsheet. Only problem with that is you get the entire list of all realtors not just REO specialist. Typically means you'll have to send out 100+ emails to reach one specialist.

Good luck.


Real Estate Investor · Queens, New York


any minute now, someone is going to post a "response" suggesting a GREAT company that offers such a service, and several more people with 1-5 posts will chime in and support it to make it seem credible


BiggerPockets Founder · Denver, Colorado


Always check our directory of resources (link at top of page and individual links on the left of the forums). We've got a link in the FORECLOSURE RESOURCES section called Asset Management REO that has some of what you're looking for.

Good luck!

Small_bplogo20aJoshua Dorkin, BiggerPockets, Inc.
E-Mail: webmaster@biggerpockets.com
Telephone: 877-831-4704
Website: http://www.biggerpockets.com
Be sure to check out the BiggerPockets Blog at http://www.BiggerPockets.com/renewsblog/



Thanks for the response so far, I've seeen the list here on Biggerpockets and it already includes some of our clients. We're not looking to Spam anyone more so to have:
Contact information to send vendor applications to.
Physical addresses to send a direct mailer to.
We've built relationships with several of these compaines and many of them find our services very useful in increasing the value of these properties while lowering their liability.


Wholesaler · Denver, Colorado


PM me, we actually do sell a list, and beyond that also have a REO National program where we initiate the bank contacts and mail them starbucks cards/promotion cards.

As for credibility, we are the 2nd largest REO real estate team in CO (volume & $), and in the top 10 for our company nationwide.


Real Estate Investor · Paramus, New Jersey


Take a look at this link I came across. Scroll down and on the left is a free list of REO listings.

http://countrywide-foreclosures.blogspot.com/index.html :D


Real Estate Investor · Miami, Florida


Originally posted by Joshua Dorkin
Always check our directory of resources (link at top of page and individual links on the left of the forums). We've got a link in the FORECLOSURE RESOURCES section called Asset Management REO that has some of what you're looking for.

I can certainly say that this is an excellent resource to contact asset managers. Great link, thanks Josh!!!

Good luck!




Residential Real Estate Broker · Dixon, California


I am an REO Broker and marketing to REO agents would be the second best use of your time in my opinion. You should be able to search the net in your area for the agents that have the listings.

The best contacts to sign up with would be the national property preservation companies. Although, you will not get paid as much because they take a piece of the action. A couple of companies come to mind are Safeguard http://www.safeguardproperties.com or Field Asset Services http://www.fieldassets.com/.

When dealing with the National companies you are looking for some more consistant orders. And when you do a job you can try to develop a relationship with the agent for the property. When developing agent relationships you should be able to get paid more when they do have a job to send your way.

Good Luck


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