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Why Join the NRBA?

REO - "Real Estate Owned" 

That's what banks call their foreclosure properties.
NRBA members call them listings! Do you want bank foreclosure listings?
Would you like an additional 100 transactions per year?
We'll show you how.
The National REO Brokers Association is the only national organization dedicated solely to the listing and selling of bank owned properties.
For those new to REO, this is where you start.
For the "old pros," life just got a lot easier. The NRBA is a "for-profit" organization.
We believe in profits for everyone involved--especially our members.

NRBA Member Benefits
NRBA Membership offers everything you need to start handling REO properties today!
Take a look at the benefits found only in the NRBA...
  • NRBA ON-LINE Directory –  Where do banks and asset management companies go to find brokers? To the guidebooks of course. Now they have one online specifically designed to meet their needs. Our powerful, yet simple, search engine allows bank reps and asset managers to find you instantly when they have a property to sell in your area. No more waiting to be updated in an old fashioned paper directory. All members are listed by geographic location and specialty. Instant access to you for the right people in every major bank, servicer, asset management, and relocation company.
  • The Insider's Guide to REO – Learn from the best! This information comes from top REO brokers, all of whom do over 100 listings per year. You will be provided with everything you need to know to become a lucrative REO broker, including instructions, setup, task lists, etc. This invaluable training guide is for the exclusive use of members only and is not for sale at any price! Click Here for more info.
  • Client Database – Find out where the listings are, who's got them, and who you'll need to talk to in order to get them for yourself.
  • Asset Information Management Software –  A customized database for handling REO properties-finally something that does what we need it to do.
  • BPO Forms –  Over 200 different forms already set up for your computer-just fill in the blanks. Very fast, very easy, fully searchable and ready for electronic transfer or email (MS Word 97 or higher required).
  • Members Forum – A private passcode-protected internet forum. Talk to other members all over the country. Get leads, advice, referrals & more (strictly NRBA Members only).
  • Computerized Forms Library –  Not only will you be provided with BPOs, but also monthly reports, contract transmittals, billing forms, and more, customized for most major banks. Over 350 pages of forms currently available, with more being added all the time (MS Word 97 or higher required).
  • Legal Updates – We’ll keep you informed so you stay out of trouble.
  • Technical Updates – Digital cameras, color printers, laptop computers, email, the internet-what works and what doesn't; what you should have to be successful.
  • Monthly Newsletter –  Filled with inside information to help you get the business you want and make the profits you need.
  • Your E-mail Address: yourname@NRBA.com –  With a personalized NRBA email address, your clients can always find you, no matter where you move or who you use for internet access. You'll never have to update records or print new cards, stationary, etc. again!
  • Your Web page – Not only does every member get listed on the NRBA website, but each gets their own personalized page as well.
  • High Impact Internet Website – Custom designed website that will get you known to both buyers and sellers of REO properties.
  • Certified REO Specialist® –  The only designation created specifically for REO Brokers-and you have to earn it!
  • Limited Exclusivity –  New members must be approved by current members in their area (NRBA Guidelines and Bylaws apply).
  • NRBA REO Management Software –  Now you can run your REO departments and BPO departments with ease. Complete workflow management system handles all of your REO needs.
 

Dues are only $165.83 per month when billed to a credit card. OR Tax-deductible one annual payment of $1990. Just one listing will more than pay for your entire year's membership!

 
Compare the value and savings of membership in the NRBA!
  • BPO Forms for Word®—over 200 forms @ $39.00-$99.00 each if purchased separately (a value of over $12000.00).Included in membership.
  • A permanent e-mail address—a $100 value.Included in membership.
  • Internet listing on the NRBA Web site—priceless.Included in membership.
  • Personal Internet Web page—a $75 value.Included in membership.
  • An NRBA Directory listing – your name, your area – available to all the major banks/servicers, etc.— Invaluable!! Included in membership.
  • Client Database – Over 1270 contacts.  All the key bank/servicing people that can get you listings. Compare to $700+ for Faulkner & Gray’s Mortgage Source One CD-ROM--and you would still have to spend hours sorting through it!  Included in membership.
  • NRBA REO Management Software – Track REOs from cradle to grave - manage staff and assign tasks. ($3000 value)
 

That's over $18000.00 in value--plus free advertising that you can't buy anywhere else!

 
And there’s still more!
  • A private Members Forum for discussing leads, tips, problems etc. with other member/specialists.
  • The only designation available for REO brokers.
  • Ongoing legal updates.
  • Ongoing technical updates.
  • Member Networking -- It’s always about who you know, and for once, you’ll be "in the know."
 
Do you want to get REO/foreclosure listings in your area? Do you want to do 100 or more transactions per year?

Then you need to join the NRBA -- before someone else in your area does.
 
(New members must be approved by current members in their area -- NRBA Guidelines and Bylaws apply). Hurry and complete the onsite application and get it in to us today!

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