Frequently Asked Questions
What is an REO?
REO is an acronym for Real Estate Owned. The term REO is used to describe foreclosed homes owned by banks or investors. When a property becomes an REO, there are specific processes and procedures a bank engages in to begin maintaining and marketing the home for sale.
This site is committed to helping people find quality employment, servicing the needs of foreclosed properties.
What is an REO Vendor?
An REO vendor is a person or company that works on bank owned foreclosed properties. Vendors offer services ranging from property inspections, to removing trash from a property, to full construction services. Here is a partial list of common services:
- Inspecting a property for condition
- Changing locks and re-keying the property
- Removing all trash from property
- Full construction and handyman services
- Full maintenance services
- Maid services
- Carpet cleaning
- Painting
- Carpeting
- HVAC
- Electrical
- Plumbing
- Landscaping
- Roofing
- And Much More
How does this site help?
This site is a free service, where service companies that have direct contracts with banks can find qualified and ready REO vendors.
What do you do with my information?
The information you submit on this site is not shared or sold to any third party. You are placed into a database and as service companies have needs for your specific services in the areas you work you will be notified.
What if I don't know anything about REO will you train me?
We help introduce you to industry standards and guidelines and outline the expectations the service providers have of you.
How much work should I expect?
Depends on the location you service and the type of services you offer. When a recruiter contacts you, they will be able to give you a more specific and realistic answer to what you should expect.
Do I have to be insured?
Yes, you will have to meet certain minimum levels of insurance.
What happens after a submit an application?
Once you submit an application, a recruiter will contact you via email to forward additional information to you and the qualifying process begins.
Will you trying selling me something?
Absolutely not. Our only interest is in finding willing and able workers for the REO industry.
What if I have additional questions?
Please email us at: Vendor@BecomeAnREOVendor.com

