Chap 1

• Diff ways RE Agent make money
  • Buyer Agent
  • Seller Agent
    • Generate buyer leads from listing
  • Corporate seller
  • REO agent (foreclosure)
  • Short sale agent – lots of paperwork & slow
  • BPO tasks – heard of someone making $50K per year, not bad
  • PM
  • Commercial RE
  • Running real-estate team
    • Getting PnL-cut from agents
    • Buyer lead is crucial – author generate buyer leads via REO listing (and other techniques) 
• Author’s team composition
  • Profit cut – 70% to agent if it’s agents’ own leads, 50% if leads author provide

 

Chap 2

• Author made $40K first year with a lot of help

 

Chap 5

• Zillow listing agent vs. affiliated agent LOL

Chap 6

• You can buy your own E&O insurance (as agent)

Chap 12

• Channel account – big listers (i.e. REO banks)
  • Builders, relocation companies, REO companies

Chap 18

• Realtor vs. Agent, being realtor is expensive (~$500 per year in Colorado)
  • Some MLS board require being a realtor 

Chap 19

• Zillow / Trulia
  • Trulia leads seems lower quality  than Zillow per author, but online leads has low quality in general due to low loyalty 
• Better quality leads from FB Ads/Google PPC + own website
  • Attract people searching for houses to your site
  • Blog 引流per author
• Listing is magnet (good priced listing) for buyers
• Craigslist

Chap 25 REO Agent

• Mark’s course $129 for REO Agent  – https://learn.investfourmore.com/p/real-estate-agent-reo-bpo-starter-kit
• What’s needed
  • Banks / HUD require weekly inspections
  • Maintainence & Repairs – front money

Chap 26 BPO

• Author able to do it in 20-30min for reports
• Author able to complete 1K BPO a year
• NABPOP