REOdeedwagon.com is a website where banks, and only banks, can showcase their real estate for sale in front of a new audience of potential buyers that extends well beyond their current local markets. Property investors worldwide have access to view properties that are advertised.
By aggregating REO inventory in one place, participating banks gain a whole new distribution channel and can expedite the REO management process. Banks control all the content, decide which properties get listed and whose contact information is included.
Banks can advertise properties, including photos, for $49 per property until they want the posting to come down. There are no other setup costs or subscription fees.
Bankers can simply go to REOdeedwagon.com, sign in, follow some simple instructions and begin uploading their properties for potential buyers to see. Banks that wish to be contacted directly by potential buyers have that option, but all banks retain the option to remain anonymous. Or you can name your realtor or other party you have engaged to be the bank’s contact in marketing the property. The choice is yours.
With questions, contact David Oliver, 404.420.2036.