WOBURN, MA--(Marketwire - Nov 3, 2011) - Tami Bonnell, President of the U.S. Organization of EXIT Realty Corp. International, will team up with Charlie Engel, Director of Business Development, Real Estate, at RealtyTrac, to host a free webinar teaching the general public how to successfully search for and purchase bank-owned properties.
"Sales of bank-owned properties, or REOs, account for one out of every five sales in today's market. As a result, homebuyers and investors need to understand the process of purchasing these properties, including the bargain opportunities available, as well as pitfalls that can sometimes be involved," says Engel. "We're excited about the opportunity to team up with EXIT Realty to cover all of those topics and much more in the upcoming webinar on how to find and buy the best bank-owned bargains, which is already sparking a lot of interest from our users."
The webinar will be held on Tuesday, November 8th at 1:00 p.m. ET. With more than 700,000 REOs across the U.S., Bonnell and Engel will teach participants how to effectively find, research and purchase the best bank-owned bargains in their area.
Topics include:
- Finding local listed and unlisted REOs
- Identifying the best bargains and investments
- Choosing an effective and knowledgeable real estate professional
- Making the best offers most likely to be accepted by the banks
- How to avoid common pitfalls in buying bank-owned
"Many people recognize that there are great opportunities to benefit from the foreclosure and short sale real estate market, but they're not sure how to jump in," says Bonnell. "This webinar will arm savvy real estate investors, and those who want to be, with the knowledge and tools to take advantage of those opportunities in this ever-changing market."
Go to https://www3.gotomeeting.com/register/223250478 or visit www.exitrealty.com/live_events to register.
About EXIT Realty: EXIT is a proven real estate business model that supplies single-level residual income -- for agents, security, stability and direction; for agents' families, security in the form of beneficiary and retirement residuals. EXIT's MIND-SET Training Systems offer the industry's best hands-on, interactive sales training. State-of-the-art technology, including the Digital Marketing Strategy, gives agents the edge in a competitive marketplace. A portion of every transaction fee collected by EXIT International is applied to its charitable fund. To-date, $2.25 Million has been pledged to Habitat for Humanity. For more information, please visit www.exitrealty.com.
About RealtyTrac Inc.: RealtyTrac (www.realtytrac.com) is the leading online marketplace of foreclosure properties, with more than 2 million default, auction and bank-owned listings from over 2,200 U.S. counties, along with detailed property, loan and home sales data. Hosting more than 3 million unique monthly visitors, RealtyTrac provides innovative technology solutions and practical education resources to facilitate buying, selling and investing in real estate. RealtyTrac's foreclosure data has also been used by the Federal Reserve, FBI, U.S. Senate Joint Economic Committee and Banking Committee, U.S. Treasury Department, and numerous state housing and banking departments to help evaluate foreclosure trends and address policy issues related to foreclosures.