BrokerageIndustry News

Foreclosure market can represent opportunity, liability

Inman Community Roundup
Published on Jul 29, 2008

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by CareyBot

Editor's note: The following is a collection of reader's comments found on Inman.com:

Agents between 'rock and a hard place' with REO listing agreements
Lenders stick agents with REO liabilities
"Anybody who has handled a foreclosure knows the listing agreements are completely one-sided. But in this market, the agents and brokers have no choice but to sign them as they exist or forego the revenue stream that foreclosures represent. The banks will not give you the listings unless you sign the agreement.

Comments