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#254426 - 10/10/08 02:50 PM REOMAC CONFERENCE
RecoveringREAgnt Offline
Member

Registered: 03/26/08
Posts: 492
Loc: Los Angeles, CA REO Capital
Dang! There are 14 agents from my office that will be attending the next conference in FL. Who's else wants to join the excursion to the ocean???

Money making machines!


Edited by RecoveringREAgnt (10/10/08 02:51 PM)

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#254452 - 10/10/08 07:17 PM Re: REOMAC CONFERENCE [Re: RecoveringREAgnt]
Delicious Cake Offline
Major Contributor

Registered: 12/10/05
Posts: 2668
Loc: CA
I'll be there.. Anyone coming in on Wed on Continental from Tx?

Last year I sat by someone from Aol.net on the plane without knowing it.

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#254454 - 10/10/08 07:23 PM Re: REOMAC CONFERENCE [Re: Delicious Cake]
RecoveringREAgnt Offline
Member

Registered: 03/26/08
Posts: 492
Loc: Los Angeles, CA REO Capital
Delicious see your PM.

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#254457 - 10/10/08 07:53 PM Re: REOMAC CONFERENCE [Re: RecoveringREAgnt]
FLBeachbum Offline
Member

Registered: 07/06/08
Posts: 201
Loc: Beachside
I will be there but I am driving. Meeting up for drinks?

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#254470 - 10/10/08 09:02 PM Re: REOMAC CONFERENCE [Re: FLBeachbum]
MetroVABroker Offline
Veteran Member

Registered: 11/20/07
Posts: 764
Loc: Land of comps and drive by's.....
I'll be there! Can't wait! Flying in on Wed and staying down the street. Where and what day should we meet?
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#254590 - 10/11/08 07:55 PM Re: REOMAC CONFERENCE [Re: MetroVABroker]
Twomoores Offline
Junior Member

Registered: 04/20/08
Posts: 9
Loc: FL
We'll be there. Driving over from the west coast.
_________________________
Homes for sale in Sarasota & Charlotte counties
http://www.TropicalFloridaProperty.com

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#254703 - 10/12/08 07:19 PM Re: REOMAC CONFERENCE [Re: Twomoores]
reo - ed Offline
Junior Member

Registered: 09/10/08
Posts: 8
Loc: vero beach florida
can anyone tell me if they truely think its worth attending this ??

thanks
ed

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#254853 - 10/13/08 06:13 PM Re: REOMAC CONFERENCE [Re: reo - ed]
Delicious Cake Offline
Major Contributor

Registered: 12/10/05
Posts: 2668
Loc: CA
I think if you are new and trying to break into the business it is not worth it.

If you have an REO business already then it is invaluable - even just talking to the brokers in between breaks. It is nice to see what works for other people and throw ideas off of each other.

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#254900 - 10/13/08 10:54 PM Re: REOMAC CONFERENCE [Re: Delicious Cake]
RecoveringREAgnt Offline
Member

Registered: 03/26/08
Posts: 492
Loc: Los Angeles, CA REO Capital
I'm in Hollywood, FL already! Lots of humidity, rain, but a beatiful beach next to the hotel. Who's coming let's get together?

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#254902 - 10/13/08 11:00 PM Re: REOMAC CONFERENCE [Re: Delicious Cake]
G-man Offline
Member

Registered: 07/10/08
Posts: 16
Loc: Ga
I was going to go until I found out it cost 850 bucks at a time when I am really struggling. I believe it would be a very good thing but between airfare, hotel, car rental, it would be a $1500 boondogle. I can not justify that at this time. I would love to hear from those of you who do get to go if you thought it was worth it.

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#254906 - 10/13/08 11:41 PM Re: REOMAC CONFERENCE [Re: G-man]
Juniper Offline
Member

Registered: 08/17/08
Posts: 14
Loc: Northern, CA
I have asked about this conference on other threads but not never got a good answer. Is the point of attending for most of you mainly to get asset manager contacts to go back home and solicit when the conference is over?

The question I have asked on other threads is why not just buy all of these asset asset managers' contact info and save on the conference fee and travel expenses? If there is another reason for attending that is truly beneficial I would like to know because I would consider attending.

Because wouldnt you get way more contact info by buying it than just hoping to run into these people at the conference? Its not like they will remember you over another agent anyway just from the conference....right?

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#254950 - 10/14/08 09:20 AM Re: REOMAC CONFERENCE [Re: Juniper]
MetroVABroker Offline
Veteran Member

Registered: 11/20/07
Posts: 764
Loc: Land of comps and drive by's.....
So it's raining Recovering?? My plane leaves DC tomorrow, will be there by the afternoon. I've also got another agents info so we are meeting tomorrow night. Anybody else, PM me or Recovering.
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#254967 - 10/14/08 10:56 AM Re: REOMAC CONFERENCE [Re: MetroVABroker]
Twomoores Offline
Junior Member

Registered: 04/20/08
Posts: 9
Loc: FL
We'll be leaving early tomorrow morning and be over there about 11:30. It's not raining right now on the west coast of Florida.
_________________________
Homes for sale in Sarasota & Charlotte counties
http://www.TropicalFloridaProperty.com

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#254975 - 10/14/08 11:29 AM Re: REOMAC CONFERENCE [Re: Juniper]
RecoveringREAgnt Offline
Member

Registered: 03/26/08
Posts: 492
Loc: Los Angeles, CA REO Capital
Juniper,

This is not about buying your contact list...is about meeting and networking with the REO industry's professionals. Think about if you are a lawyer you will have your own Bar association get together.

On my flight in with one of the Membership's gurus told me that is about 1,500 people expected to be there plus the late registers that may show up.

Those that can't afford it, don't worry there is anoter coming next year in the Spring in Sunny Palm Springs, CA.

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#255029 - 10/14/08 04:02 PM Re: REOMAC CONFERENCE [Re: RecoveringREAgnt]
Delicious Cake Offline
Major Contributor

Registered: 12/10/05
Posts: 2668
Loc: CA
Typically the Hollywood conference is smaller than the Indian Wells one, which is the only reason I make the trip. I hate that part of Florida, no redeeming value.

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#255055 - 10/14/08 05:58 PM Re: REOMAC CONFERENCE [Re: Delicious Cake]
Pinehurst RE Guy Offline
Member

Registered: 03/12/08
Posts: 267
Loc: Pinehurst, NC
Wish we all could meet and greet there - well another time another place.

What has been the latest word about joining as a Realtor?

I would have been attending as an outsider / nonmember - probably paying a higher fee then a member - but still it sounds like a great opportunity to put faces and voices to electronic correspondence, see what is predicted, and you cannot beat 1 on 1 with the people you want to get to know.

Have fun y'all!
_________________________
Pinehurst Real Estate Guy
Pinehurst Real Estate
Pinehurst Home Inspector

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#255171 - 10/15/08 10:55 AM Re: REOMAC CONFERENCE [Re: Pinehurst RE Guy]
SoFlo Offline
Member

Registered: 05/04/07
Posts: 100
Hey all, I will be there Thurs. and Fri. I live in town. Anyone want to get together for lunch?


Edited by SoFlo (10/15/08 12:53 PM)
Edit Reason: I meant to say...

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#255184 - 10/15/08 11:52 AM Re: REOMAC CONFERENCE [Re: SoFlo]
Delicious Cake Offline
Major Contributor

Registered: 12/10/05
Posts: 2668
Loc: CA
... why are you only attending one day?

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#255189 - 10/15/08 01:02 PM Re: REOMAC CONFERENCE [Re: Delicious Cake]
SoFlo Offline
Member

Registered: 05/04/07
Posts: 100
Oops, I edited my post. I'll be there two days. This has been one of those weeks where I can't keep track of the date or day of the week. Could it be because I've been bombarded with work, my family was visiting last week and now I have a sick kid home with me, plus REOMAC is this week? Ah well, never a dull moment...

How dressed up does everyone get for these conferences? People dress pretty casually around here. The weather has been windy and partly cloudy, pretty pleasant overall. Hope everyone's bringing their beach clothes!

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#255197 - 10/15/08 01:50 PM Re: REOMAC CONFERENCE [Re: SoFlo]
Delicious Cake Offline
Major Contributor

Registered: 12/10/05
Posts: 2668
Loc: CA
People typically dress for a business function - which is a stretch for many of us who are out in POS houses most days, wearing flea repellant suits. smile

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#255202 - 10/15/08 02:46 PM Re: REOMAC CONFERENCE [Re: Delicious Cake]
FL_Agent Offline
Member

Registered: 07/14/08
Posts: 224
Loc: Florida
Originally Posted By: Delicious Cake
POS houses most days, wearing flea repellant suits. smile
I'm interested in buying a suit like that, where can I get it?

laugh

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#255794 - 10/20/08 09:41 AM Re: REOMAC CONFERENCE [Re: FL_Agent]
RecoveringREAgnt Offline
Member

Registered: 03/26/08
Posts: 492
Loc: Los Angeles, CA REO Capital
I just got back on my feet after 12 hours of being in planes and airports....I hated it!

REOMAC was not what I've expected! They brought a bunch of people to talk to us, saying "we are not taking more agents", so I said "why are you here for then?"

They didn't have the round tables as they announced, instead they have us chasing rooms to heard what the lenders/outsources had to say about their companies. So, don't feel like you missed something very important.

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#255799 - 10/20/08 10:14 AM Re: REOMAC CONFERENCE [Re: RecoveringREAgnt]
Pinehurst RE Guy Offline
Member

Registered: 03/12/08
Posts: 267
Loc: Pinehurst, NC
Originally Posted By: RecoveringREAgnt
I just got back on my feet after 12 hours of being in planes and airports....I hated it!

REOMAC was not what I've expected! They brought a bunch of people to talk to us, saying "we are not taking more agents", so I said "why are you here for then?"

They didn't have the round tables as they announced, instead they have us chasing rooms to heard what the lenders/outsources had to say about their companies. So, don't feel like you missed something very important.


I'm very disheartened to hear the bad experience you had at REOMAC, can you be more specific about which companies said what?

On the other-hand, it sounds like the conference just confirmed the same message we have been witnessing everyday while doing business.

Any other REOMAC attendees have a different experience and learn anything good they would like to share?
_________________________
Pinehurst Real Estate Guy
Pinehurst Real Estate
Pinehurst Home Inspector

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#255814 - 10/20/08 11:41 AM Re: REOMAC CONFERENCE [Re: Pinehurst RE Guy]
A & M Team Properties, Inc. Offline
Member

Registered: 12/19/05
Posts: 463
Loc: Eastern United States
I had a totally opposite experience. I picked up 3 new REO companies, made loads of contacts, exchanged contacts with 7 brokers, got a sit down scheduled with Wells Fargo ( which got me into PAS which has been closed here), and I learned a ton from the courses.

If you went into this to get into a business you weren't already in, it probably wasn't worth the time or money. For me, and my team- we went to look to grow and learn how to better manage what we already do. We accomplished that.

Also, the real business did not go on in the classrooms,and NO they didn't do roundtables, but if you knew where to be there WAS definately business going on. I was lucky enough to realize that the first night I was there. I also went in a day early- it gave me time to get acclimated and meet some of the other early arrivals who had done this before.

Successful for us. No regrets, would go again tomorrow.

Also, on a side note- as someone who has been doing this awhile, it was NICE to hear companies announce they were closed to new agents. Sorry, nothing personal. Self preservation. At least they put it out there right away.

All in all- they had some amazing speakers- my fave was the group of agents who handle like 1000+ properties. They sat around and talked- and I learned more from that than anything else. They had a lot of insight to offer.

-M


Edited by A & M Team Properties, Inc. (10/20/08 11:42 AM)

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#255820 - 10/20/08 12:07 PM Re: REOMAC CONFERENCE [Re: A & M Team Properties, Inc.]
Pinehurst RE Guy Offline
Member

Registered: 03/12/08
Posts: 267
Loc: Pinehurst, NC
I believe many of us thought this may be the case and congrats on your success.
_________________________
Pinehurst Real Estate Guy
Pinehurst Real Estate
Pinehurst Home Inspector

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#255823 - 10/20/08 12:13 PM Re: REOMAC CONFERENCE [Re: Pinehurst RE Guy]
SoFlo Offline
Member

Registered: 05/04/07
Posts: 100
I'm with you, A & M, I got so much out of REOMAC. The speakers were excellent, the exhibitors were high quality, and I made some awesome contacts there. Definitely worth my while.

Although it's true in the 'roundtable' sessions many companies were not taking new agents, there were also many who are accepting new agents. And it was stated many times over that REO business will keep expanding next year.

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#255827 - 10/20/08 12:36 PM Re: REOMAC CONFERENCE [Re: SoFlo]
socalreman Offline
Member

Registered: 05/13/08
Posts: 293
Loc: Orange County, CA
"Also, on a side note- as someone who has been doing this awhile, it was NICE to hear companies announce they were closed to new agents. Sorry, nothing personal. Self preservation. At least they put it out there right away".

After reading above from A&M, I guess this will deter the amount of newbies coming on here to try to get in as an REO listing agent?
_________________________
Coffee is for closers!

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#255880 - 10/20/08 08:41 PM Re: REOMAC CONFERENCE [Re: socalreman]
Twomoores Offline
Junior Member

Registered: 04/20/08
Posts: 9
Loc: FL
I agree with A&M, we thought it was a great experience. The economist that spoke was great as well as the agents with 1000+ listings.

We also meet some great people at the conference.
_________________________
Homes for sale in Sarasota & Charlotte counties
http://www.TropicalFloridaProperty.com

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#255927 - 10/21/08 07:14 AM Re: REOMAC CONFERENCE [Re: Twomoores]
MetroVABroker Offline
Veteran Member

Registered: 11/20/07
Posts: 764
Loc: Land of comps and drive by's.....
I too had an amazing experience and would go again tomorrow. She's right, the business was not done in the classrooms. It was the networking and the education from the other brokers there more than anything else. I met some amazing people (Hi Recovering & SaraM) at every meal. I really enjoyed the experience and the speakers they had come and speak to us about the economy and what we can expect in the future. But if you are new, it probably was a waste of money. I heard from many brokers that you won't see the total return for probably 6 months or more. It was definitely worth it and I will try to go again next spring.
_________________________
http://www.linkedin.com/in/metroforeclosures

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#258852 - 11/09/08 10:07 AM Re: REOMAC CONFERENCE [Re: MetroVABroker]
jgizzi Offline
Major Contributor

Registered: 11/14/00
Posts: 1505
Loc: The big blue marble
Can you attend the conference as a non-member and if so, how much is it? The one I'm interested in going to is in Palm Desert.
_________________________
Jim

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#258873 - 11/09/08 12:16 PM Re: REOMAC CONFERENCE [Re: jgizzi]
RecoveringREAgnt Offline
Member

Registered: 03/26/08
Posts: 492
Loc: Los Angeles, CA REO Capital
Is about $770 if you do it earlier, they about to open the registration. You can be one of the first to register!

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#259015 - 11/10/08 01:09 PM Re: REOMAC CONFERENCE [Re: RecoveringREAgnt]
DesertRose Offline
Member

Registered: 01/09/08
Posts: 259
Loc: SoCal
Are they going to offer a seminar on how to get buyer's agents to READ THE AGENT INSTRUCTIONS IN THE MLS?

I'd pay $770 for that.

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#259026 - 11/10/08 01:46 PM Re: REOMAC CONFERENCE [Re: DesertRose]
LaceyF Offline
Member

Registered: 01/16/08
Posts: 227
Loc: CA
ROFLMAO DesertRose!

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#259062 - 11/10/08 04:35 PM Re: REOMAC CONFERENCE [Re: LaceyF]
StLbpo's Offline
Member

Registered: 04/13/05
Posts: 275
Loc: missouri
yes that will be an extra $175 to get certified in MLS Reading or $125 if you register early...

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#259080 - 11/10/08 05:39 PM Re: REOMAC CONFERENCE [Re: StLbpo's]
DesertRose Offline
Member

Registered: 01/09/08
Posts: 259
Loc: SoCal
Originally Posted By: StLbpo's
yes that will be an extra $175 to get certified in MLS Reading or $125 if you register early...


But will it be compulsory?

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