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[+] It's Move It or Lose It in the Path of a Nor'Easter - Leigh Attridge/MA (1 reply)
3/19/2013 6:05:29 PM (3884 views)

[+] Wells Fargo Typo Victim Dies in Court - Leigh Attridge/MA (3 replies)
3/19/2013 2:34:14 PM (4337 views)

I'm new here - Anthony Dressel/WA
3/19/2013 1:56:48 PM (1544 views)

[+] Comment on "Recorders Sued for Providing Copies of Deeds with Racial Covenants" - Source of Title/OH (2 replies)
3/18/2013 3:45:58 PM (2344 views)

[+] Just For Fun - Scott Perry/PA (41 replies)
3/16/2013 11:49:52 PM (2388 views)




[+] Nightmare bill passed - Miriam Shoaff-Rolles/IN (20 replies)
3/14/2013 8:04:55 PM (4344 views)

[+] I will say it again...and again...and again!!! - Nils Nelson/ME (13 replies)
3/14/2013 12:31:40 PM (2420 views)

[+] Protecting our Title Abstracting Field - Deborah Jackson/GA (4 replies)
3/12/2013 5:28:45 PM (2551 views)

[+] First American Title Cleveland, OH - Deborah Jackson/GA (3 replies)
3/12/2013 5:19:12 PM (2752 views)

[+] Los Angeles Court Closures - Dan Zook/NY (1 reply)
3/12/2013 9:04:55 AM (2305 views)

Corporate Abstract Services - Joanie Hahr/VT
3/11/2013 3:54:28 PM (1763 views)

[+] ATR/Applied Technology Resources - Sherryl Heberlig/PA (9 replies)
3/8/2013 12:24:35 PM (3017 views)

[+] NOTICE: SOT Will Be Down for Upgrade Tonight - Robert Franco/OH (1 reply)
3/6/2013 10:35:27 AM (2154 views)

[+] Fall Through Policy - K C/NJ (4 replies)
3/5/2013 7:24:48 PM (2276 views)

[-] Becoming a title abstractor? - Teresa Wentz/PA (18 replies)
3/5/2013 8:02:09 AM (2812 views)
Re: Becoming a title abstractor? - Marsha Fox/AL
3/5/2013 8:31:15 AM (2636 views)
Re: Becoming a title abstractor? - Teresa Wentz/PA
3/5/2013 2:51:02 PM (2525 views)
Re: Becoming a title abstractor? - george Hubka/MI
3/5/2013 5:18:54 PM (2525 views)
Re: Becoming a title abstractor? - Robert Franco/OH
3/5/2013 11:21:50 AM (2668 views)
Re: Becoming a title abstractor? - Alix Ott/MI
3/5/2013 8:15:55 PM (2525 views)
Re: Becoming a title abstractor? - Nils Nelson/ME
3/5/2013 9:34:01 PM (2541 views)
Re: Becoming a title abstractor? - K C/NJ
3/6/2013 8:39:02 PM (2446 views)

Having some knowledge would be great for you but personally I'd focus on the basics and primarily concentrate on knowing all you can about the foreclosure process and short sales.  For background:  I have worked in real estate, was a loan officer, had a company that bought pre-foreclosures and lease optioned them and obviously have dabbled (ha) in abstracting so my BREC (blood real estate content) is pretty high :).  Learn how to work with the banks' loss mitigation departments, learn their language.  You will have a huge advantage over your competition if you can help your sellers negotiate a short sale and you'll have an easier time with buyers buying a short sale.  Learn how to deal with REOs. 

I think everyone here would agree that the foreclosure market is still going strong if for no other reason than some states (like NJ and NY) taking 3-4 years to foreclose.  So many agents try to market themselves as being experts in REOs and short sales but I've learned from personal experience they've only learned that's a good advertising gimmick.

For once I agree with George, and always with Alix.  Be the best agent you can be.  Be tech savvy as possible (enlist a young person for help if you're not up to speed).  Use a contact management system (CRM), make sure you keep up your database, send quality informative email campaigns  - not the generics everyone sends, find good short articles to put in a bi-weekly email.  Keeping up your database and staying contact with your buyers takes diligence.  Be creative in your print marketing so your piece doesnt look like every other agent's.  I suppose I'm proselytizing here but I was also formerly internet marketing director for a real estate website company and my fiance is a successful loan officer who utilizes all these things and more.  Also, find one or two loan officers who've been in the business for over a decade and if you're lucky, find one who has a lot of this type of marketing at his/her disposal and knows how to use it - they'll be happy to help you market yourself and you won't be paying out the wazoo.  My fieance uses a cool phone app he gives to his agents called LenderApp.  It's co-branded with the agent and allows the agent to give real-time rates using FHA or Conventional options to allow their buyers to see what they qualify for.  They keep coming up with nice new free upgrades too.  If the buyer is shopping for a while, his agents give the app to the buyer so they can use it any time and presto - the agent's face is there every time!

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Re: Becoming a title abstractor? - Nils Nelson/ME
3/7/2013 10:43:06 AM (2445 views)
Re: Becoming a title abstractor? - Sheila Sten/PA
3/7/2013 10:46:02 PM (2486 views)
Re: Becoming a title abstractor? - Anita Backlund/MN
3/8/2013 12:51:14 PM (2311 views)
Re: Becoming a title abstractor? - Nils Nelson/ME
3/8/2013 3:15:54 PM (2336 views)
Re: Becoming a title abstractor? - K C/NJ
3/10/2013 8:10:19 PM (2208 views)
Re: Becoming a title abstractor? - K C/NJ
3/10/2013 8:06:59 PM (2238 views)
Re: Becoming a title abstractor? - Nils Nelson/ME
3/11/2013 10:27:43 AM (2180 views)
Re: Becoming a title abstractor? - KIMBERLY  FALCONE/PA
3/11/2013 6:00:09 AM (2322 views)
Re: Becoming a title abstractor? - Lisa Ortega/CT
3/18/2013 2:14:16 PM (2042 views)
Re: Becoming a title abstractor? - Ruth Seal/FL
3/18/2013 6:00:25 PM (2128 views)
Take the PA Title Producer Licensing Course - Victoria Moate/NJ
5/6/2013 5:08:58 AM (1968 views)


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