NRBA Success Stories

I bid on and buy REO properties across the nation without having a chance to look at them myself. The NRBA realtors are my eyes and ears. They look up history on the properties and let me know what's going on in their individual markets so I can make quality bids. Then I list the properties with them and generally they bring within a couple of thousand $$ of what they have told me they will bring. I find the NRBA realtors to be very well trained, as well as willing to work and extremely accessible. Thanks for putting together such a great team for investors like me.

Rose Bailey
Diamond Properties Investments, LLC



I love the NRBA because of the information it has already given me access to. The organization provides up to date, relevant information that I can use to grow my business. I have been in the industry for a number of years and with all of the industry changes sometimes I didn't know if I would outlast the storm, but here I am still here. NRBA is one of the organizations I can truly say has help to encourage me stay in the game, and fight to win! Go NRBA!!!!!!

Labrescia Dawson
Dawson's Realty & Mortgages, Inc.



I have gone from 10 assets to 120 since attending 2010 Conference in Denver. Do the math guys... that is only 17-18 months. Where do you get this kind of ROI (Return On Investment). Along the way, picked up a lot of friends and a title of Master Broker. Not too bad. More importantly, no kidding... I have gone from 2010 being my worst year of my 16 years in REO to 2011 being the best. What a turn around? Phenomenal...

Santosh Bhatt
Greater Louisville Homes, LLC



I can say that the NRBA has helped my business thrive over the years. Love Ya NRBA.

John Wright
Weichert Realtors-Kingsland Properties



NRBA members Rock!!! If it was not for this forum, the staff and the members, I would not have taken the leap into my own brokerage last week! :) Thanks

AllAnjum Chohan 
Mutual Realty LLC



I was never handed anything, but I was given OPPORTUNITY. And all I have ever asked for in life is an opportunity. NRBA has opened doors for me that I would never have had the ability to do on my own.

Russell Chiodo
Chiodo Realty Group, Inc.




Paula McCormick 
Personal Touch Realty



I am at my busiest ever. All because of NRBA.

Sandra Brown
Century 21 MVP


Retired Sr NCO from the ARMY after 20 Years of service, worked hard as a retail agent for 18 years hit and miss. Then I found the NRBA web site filled out the application and was accepted into the NRBA in 2007, opened my own office in 2009 and my business took off. There is no way I could have done this without the help the NRBA. Thank you.

J.C. Massey
LaRay Properties



NRBA was THE best investment I have made in many years.

Michael DelGreco
New Englad Realty



I say all the time, NRBA is hands down the best business decision I ever made. I love being a part and am proud to be a part of the NRBA family. Thank you to Mike, Jack, all the Directors and Staff for all you do. This organization would not be what it is without all of you and all of the amazing members supporting each other. I cannot say enough good things about NRBA, nothing beats NRBA.

Barbara Huntley
Prudential Jack White Vista Real Estate



Christopher Lawrence
Trillionaire Assets



On several occasions I have gotten a call from a new client saying they were looking for an NRBA broker to take a listing. What an easy way to get a new client! Each time, just the first listing commission from that client more than paid for the yearly membership. Also, our Georgia Master Broker, Barbra Curtis, frequently sends a "heads up" to the membership about clients who are seeking an NRBA agent in a particular area. Barbra has been really helpful and responsive to my many emails and phone calls, even responding at 10:30 PM (unexpected, but much appreciated!) I love NRBA!

Last month made over $6000 from my buyer agents. Never would have recruited buyer agents and opened a retail office had I not attended the BDS in Vegas. I LOVE YOU NRBA!!!! 

Kathy Noble
Keller Williams Realty Coastal Area Partners



I became a member of the NRBA in 2006 and the NRBA was crucial to me getting through the busy years when new processes and procedures were being required from banks and servicers and the NRBA Business Development Seminars (BDS) were there to provide the needed procedures, networking and tips to succeed. As the years went by I noticed how asset managers associated the NRBA with quality and experience and it got me into doors that were closed to others. When you get into the family of the NRBA, thats exactly what it is, a family looking out for the rest of their family to succeed. There were no secret agendas or false promises, there were opportunities and confidence. The annual conference in Colorado is so much part of my annual business plan that I wouldn't miss it for the world. I am seeing the NRBA respond to the ever changing markets and introducing training on not only what is relevant today but what is coming tomorrow. It is one of the most beneficial organizations I am a member of, I would say you get much more than you put into the organization and being a member is one thing, your goal should be to be an active member.

Bruce Slaton
Realty World eCurb Realtors



NRBA's Florida seminar changed my career....Mike is awesome and the material shared was incredible.....this group is the GREATEST! Thanks Mike and NRBA!

Lisa Weissgarber Harder



I worked, previously, in Germany for many years in the police department as a detective and also for years as a hostage negotiator. This knowledge helped me tremendously in negotiations starting with cash for keys through final contract negotiations. My CFK success rate is almost 100%. I'm helping my clients to reduce their holding costs. I was able to make most of my client contacts through the annual & semi-annual NRBA meetings.

Ray Goldmann
Realty Professionals



Man, in my couple of short years NRBA functions are now more of a reunion. I literally send emails with tips and sign ups back and forth with buddies all over the east coast now on a WEEKLY basis. I've got more in common with all of you than I do with people in my own office...

Owen Welch
The Welch Team



This group has been my life line in the industry. So much is out there to sort through & so many gimmicks, I'm not sure how anyone can find their way thru the maze.

I truly appreciate the Forum & feedback. I will be transferring things shortly to RIO, which is another terrific benefit of NRBA.

This is, without a doubt, the most professional group of REO brokers and I am honored to be a member.

Thank you NRBA!

Dody Holman
Villa Realty LLC



I wanted to let you know that I was just assigned a new asset with a new company and when I inquired about how she found me, she said she went to the NRBA site. So, thank you for all of your hard work and for getting us exposure to the clients - it's working!


Zach Merritt
Broker/Managing Partner
Merritt Group, LLC
Aspen, Colorado



Dear Mike,

We wanted to personally thank you and your members for the hospitality at your annual conference in Denver last week. We had an absolutely great time and your conference was on of the most innovative we have ever attended.

We consider it a great privilege to do business with your organization and are very thankful for the invite and the exposure it provides our new firm.

We would like to reiterate our strong desire to partner with the NRBA and its members. We enjoy working with the best of the best and will continue to make it a priority to utilize your members whenever possible.

We were very impressed with the generosity your members showed toward such a great cause as the "Make a Wish Foundation".

The level of professionalism we receive from your members during assignments has been unmatched and we look forward to strengthening that relationship even further as we grow.

Thank you again for a great, memorable experience last week. We'll look forward to seeing you all again.

Warm regards,

Damien Chiodo & Ty Reed
KeyLink Asset Management



How has the NRBA helped my business succeed?: As an REO Broker, I have found my membership in the NRBA to be the most valuable resource in this very competitive industry. The networking opportunities along with the tools, systems, resources, education, and information shared in the membership has been crucial to my sucesss and has helped land my company in The Wall Street Journal's Top 400 Real Estate Professionals list for the past 2 years. Thanks NRBA! 

Chris Price-Indiana 
Keller Williams Realty - The Indy Property Source



How has the NRBA helped my business succeed?: I joined NRBA in November 2001 and attended the 1st Education Conference in May 2002. I attended all the early Vegas conferences on business building.
Mike was always responsive to questions and always helpful.
The guidebook provided insight into the industry and a pattern to develop for my business.

Today I have built a solid REO business with 4 of my young adult children critically involved and a team of 11 support staff. I opened my own office in 2006 and have 2 offices in the Memphis metro area and over 250 agents; I also franchised 5 offices and have a market presence in Jackson TN, Nashville TN, Jackson MS, and Little Rock AR.

All of this I gladly credit to the early inspiration and support I found with NRBA resources. I decided to build a legacy from ideas I garnered from attending the Vegas business building workshops.

Forever grateful to Mike for sharing his insight and knowledge about REO and business.

Larry Mayall
First National Realty, Inc.- serving TN, AR and MS



How has the NRBA helped my business succeed?: Shortly after being accepted asnd joining the NRBA I went and checked out this thing called the "Broker Forum". Once there, I saw everyone talking about HUD and M&M3. I have to admit, I didn't know the first thing about HUD at the time, but I saw that Ofori still had openings in Illinois. I immediately went to work with the information provided by the NRBA and the Broker Forum and in September 2010 our office was accepted as a approved HUD Neighborhood Listing Broker. Well, over 100+ listings later and my membership with NRBA will have given me a return on my investment at least 100X over in just the first year alone!!!! Thank you NRBA for the opportunity!!

John Wright Illinois
Weichert Realtors - Kingsland Properties



How has the NRBA helped my business succeed?: I am a proud member of NRBA. I attend all the different conferences available. There are none that rival the NRBA conference. The other thing I have found is the NRBA family. At each conference I am at I always connect with other NRBA members and feel like a family. The NRBA has helped me become even more recognized and helped increase my business. I have talked to many asset managers up to owners of companies and NRBA is the one that everyone recognizes as the best REO agents in the business. Thank you NRBA. 

Corey Berman 
Menu Realty-Florida



How has the NRBA helped my business succeed?: I'd like to take a moment to thank NRBA, Michael Krien, Marla Web and the team at Sell State for the recent Super Business Development Seminar in Henderson Nevada. The information I learned was invaluable and armed me with the knowledge to apply to the M&M contractors to become a local lisitng broker. I am very happy to say that I have been approved with all the M&M contractors I have applied with and I am looking forward to listing and selling HUD homes. I must say that I could not have accomplished this had I not attended the seminar. I highly recommend it to all NRBA members. I am looking forward to obtaining the designation of "Default Management Specialist" (DMS) with NRBA!
Thank You Again

Dale Machen, 
Broker/Owner Trend Equity Group



Utilizing the NRBA website to locate Brokers/Agents is user friendly and convenient. A lot of the time Asset Mangers, Sales Managers, and Team Leads have good relationships with Brokers/Agents in certain parts of the county where their clients have business. However, when you are looking to assign assets in areas you may not established relationships, you can feel comfortable assigning agents off the NRBA website and have the confidence they are well trained and a part of an elite group.

Jaysen Greenleaf
Team Lead
Phoenix Asset Management
Salt Lake City Office 



How has the NRBA helped my business succeed?: I went to the North East conference in Massachusetts and the information far exceeded my expectations. The NRBA members not only displayed their excellence, but turned the standard model of playing close to the vest on its head. The future of REO IS shared knowledge and accountability to each other in the business. I am now a proud member of this great organization. Thank you all for a warm welcome!

Michael DelGreco
New England Realty Associates LLC



The NRBA Conference held in Denver last week was a success. Thanks to all the directors and the master brokers for participating. I have attended several years and each year it keeps getting better. I appreciate the opportunity to meet with the clients as well.

Our business has increased the past couple of years due to the organization.


Lisa Brown
Nation One Realty Group, Inc
Buford, GA



Thanks for putting the best conference ever.
I've been to REOMAC and 5 star, but this is far best conference and I took so much great information to take our REO business kick it up to a few notches.

Awesome conference and asset mangers loved NRBA conference the best with dynamics of brokers and knowledge that member have.
I appreciate your hard work for NRBA and you guys prepared the great spread for everyone. 

Victoria Erfle
Select Service Realty
Palmdale, CA



Membership in the NRBA has been the single most important aspect in the growth and development of my REO business.

I owe a debt of gratitude to Mike Krein, the Board of Directors, and the membership as a whole for this unparalleled opportunity for professional development.

Thanks everyone!

Matt Vaneck
Westway Realty
Cleveland Ohio 



How has the NRBA helped my business succeed?: Prior to membership I was one man covering a 10 mile stretch of barrier islands. REO was a few BPOs and a rare listing. A year and five conferences later I have two offices covering seven counties. I will be eternally grateful to Nancy Nelson who sponsored and mentored me.

NRBA gave me instant credibility. Bob Shelton's Boot Camp taught me how to build a BPO profit center to cover my office and staff expenses; YES I have a staff. Agents too! Thanks to Bob and Jack O'Leary for taking my calls, to Teresa Gordon for teaching me to assign ownership, and to Mark Pace who covers my market for taking me under his wing. REO has grown into a major income source while retail remains steady, even in a down market, due to the name recognition REO gives me.

Mike's vision of a membership and staff unselfishly sharing has been my reality. Life has taught me the more I give the more I receive, NRBA members demonstrate this every day. I am proud to be a member and to have the support of new friends and associates. I would not be where I am without you. 




After 8 months of anxiously waiting, I received the best professional gift ever. An email that arrived just a few days before Christmas 2005 that read, your application has been approved, welcome new NRBA member! 
Not only was this a new milestone in my career for growing my REO business but I never imagined that I would come in contact with so many wonderful members from all over the US that are the cream of the crop, the best of the best! Through conferences, boot camps and business development seminars I have had the opportunity to meet so many successful and knowledgeable members that do not hesitate a moment to share their knowledge over and over again. I have had the opportunity to participate as a committee member for the past 2 years for our charity of choice, Make a Wish and through our annual fundraiser campaign I am amazed over and over again the willingness of our members to come together as a group to support such a worthwhile cause.

I have no doubt if it had not been for the NRBA my company's success would not be what it is today. Thank you NRBA, I am so very proud to be a member!

Barbra Curtiss
Barbra Curtiss Realty



You did an outstanding job for all of us at the conference. It was the best conference I have attended anywhere - superb. I loved the Phantom of the Opera presentation - it is one of my favorites that I blast when I am having a down day and need to scream but sing to the top of my lungs in the car... I hope you can can that performance and sell the CD to was a great surprise to all of us...especially Mike. You are a winner!!!!!

Thanks for making the conference the best one ever - Donna 

Donna Brown
RE/MAX NE Asset Pros
Farmington, CT 



The NRBA has made a dramatic change in my business. Clients depend on NRBA members to give their listings to. If you are not NRBA - you are not REO.

Paula Pompa
Prudential Florida



To have become an NRBA, member means more to me than just being a "REO" specialist. It conveys that I am a part of a tight-knit Nationwide "Fraternity" of R.E. Professionals in the REO industry who are consistently exceed our clients expectations.

With the NRBA organization's guidance through education, expertise, technology & excellence, my business has grown tremendously. NRBA, has become more to me than a designation, it has become a symbol of pride of which I wear PROUDLY….. 

Ivery Summers
Summers-Murphy Realty Group



Being a NRBA Member is one of the greatest honors of my Lifetime.

Not only have I met and learned from the best professionals in the REO Industry I have made lasting Friendships and Relationships not only with fellow Members, but also with other Industry Professionals. These Relationships have not only have helped me build my business they have given me Friends forever . NRBA is Truly the finest organization of its kind.

Laureen Trent 
Trent Realty



The NRBA has help me go from 100 sales per year to over 600 sales per year.And with the help and training I receive I have no doubt that I will go over 1000 in the next year. 

Thank to all of you for your support.

Bob Shelton and Sherri Capps and all the crew
Shelton Properties
South Carolina



Dear Mike,

Thank you for a great NRBA Conference. As a new member, this was my first real experience with the NRBA. The content of the Conference was very relevant and the networking was amazing.

The generosity of you, the Board and the members was overwhelming when it came to the Make-A-Wish Auction. During the auction I was not mentally prepared for the large bids other people were making.

It wasn't until right after the auction ended that I realized that I should have been bidding as well. That is why after the auction, I came up and made the commitment to buy a day with you for $12,500. I look forward to scheduling a day with you at my office. 

We are having growing pains like everyone else and we can certainly use your guidance in developing a highly effective REO Organization.

Thank you again for all you and the Board are doing for the REO Brokers. 
Jeff Egan 
RE/MAX Real Estate Consultants 



Hi Mike,

I know you're a busy guy so this will be short.

Just a long overdue thanks for a whole lot of things. The first time I met you I think I mentioned that I thought I would eventually get to where I wanted to with REO, but that with NRBA Membership that it would probably happen a whole lot faster. That has turned out to be an understatement. I've only been a member for a little over a year but I noticed the difference almost immediately. I've always been a one-man show, but I've had to expand twice in the last year. Despite my efforts to stay small it's taken off like a wild fire, so I've decided to go with it. 

Thanks to NRBA Membership doors open up with just the slightest of a knock.

Also, I can't tell you how many people I have told about that Make-A-Wish auction on Saturday afternoon. I know you're a guy with many talents but if REO ever dries up in Nevada you can always become an Auctioneer, along with a move to the Florida panhandle, or some other newly identified REO area. Seriously, that was just amazing. 

Not just the staggering amount raised in such a short time, but the classy way you handled the whole show. My only regret was my own lack of participation in the bidding, but I've already made plans to correct that when the opportunity comes again next year. 

Thanks again Mike, I certainly appreciate all you have done to make NRBA the great Organization it has become, and the enormous benefits so many of us have been able to take advantage of because of that. And I will be bidding next time, I guarantee you that.

Best Regards,

Greg Ryan Scott/Broker
Pacific REO Properties



I'd already been doing REO for over 11 years, and since joining in 1998, the NRBA has helped increase my business and reputation with the banks by over 100%.

Glenn Mayernik
C21 Rustic Realty
New York



Thank you very much for creating such a wonderful association. I have been involved for a couple of months, and the potential I see is absolutely is definitely changing my career and my life!
I've even been calling brokers that I know in other states and telling them that they'd have to be crazy not to join

Jeff Bonham
The Bonham Group



Many years ago, when I first met Mike and some of the people from the NRBA, and they told me that they were running BPOs as a profit center I had a few misgivings. Mike convinced me to buy a digital camera, e-mailed me a number of NRBA forms. The net result is that BPO income now covers the cost of my assistants and has in fact become a profit center.

When I started in the REO arena ten years ago, there wasn't a good source of guidance. I had to learn REO on my own and in the course of learning I must have made every mistake possible and stepped on every landmine there was. While I was reading the REO guidelines the thought that came to mind was, "Yup here's a map through the mine field".

If I had had the NRBA book when I was first starting out in REO, I know I would have made at least another hundred grand that I lost through mistakes that I made.

Jack Leary
Hunneman Real Estate



Being an NRBA member has given us the tools, education and support to allow us to elevate our company to a new level! How has the NRBA helped my business succeed?: I joined the NRBA the first year it was founded. Being in Cal. there were no REO so I listened to Mike and the directors and started to increase my BPO work. I was doing about 1800 a year one year later and depended on what I was told and heard at the NRBA convention and the Forum. When the market turned in 2006 I was at the leading edge of the REO onslaught and way ahead of the brokers who had not planned correctly. I went from a one man show to a business with two offices and 25 employees in two years. My 2008 BPO's were in excess of 4,000 and sales exceeded 640 and a total of over $115,000,000. The help and guidance of the NRBA gets full credit for this phenomonal growth. I have obtained one of my Bucket list items which was to be the top producer in my market place. I beat the nearest competitor by over $45,000,000 and set the bar for all to dare.

Thank you NRBA

Got my first NRBA lead within 3 months of joining, Thank you all

Ronald Golansky
Germantown, MD



The networking opportunities in the NRBA are AWESOME! Due to the stringent qualification and screening of NRBA members, asset managers do not hide like they do at other conferences. The format allows one to learn a lot fro peers and clients. The NRBA conference was well-planned, professionally managed, and has already helped my business. Thanks to all of the NRBA directors and staff for the hard work that went into making this event such a huge success.

Bob Zachmeier
Win3 Realty
Tucson, AZ



Our goal is to provide best-of-breed REO services to our clients. The NRBA has helped us hone our skills to razor sharp perfection.

Steve Brant
San Diego, CA



When I joined NRBA, I had no idea that I would learn so much about the business, and meet so many helpful. I was referred to Bob Shelton by LSI and when I called him the first thing he said after I told him about myself was that I needed to join NRBA. I did and I have not regretted it, nor have I forgotten Bob Shelton. The leadership has been more than helpful to me and so have so many of the brokers. This is one of the best moves I have made in the business.. To all of you thank you

Harriet Robertson
Joseph T. King
Brooklyn, NY 



The NRBA has provided an incredible insight into the REO business. We've received the training that we needed in order to succeed, and create amazing client relationships. Mike, Art, and Ralph are masters of the REO business, and having the ability to discuss best-practices with them has allowed us to grow tremendously. 3 members of our team visited Art Acosta and Mike Krein at their offices in November of 2007, and we spent a couple of hours discussing how they do business, and finding out how their offices worked. We took great notes, and they answered all of our questions. Needless to say, it has not been easy, but we've gone from 20 assets, to over 700 assets in the time since our first meeting. The NRBA Conferences are the BEST, and allow time to talk to the asset managers on a personal level and discuss how we can benefit them. Our goal is to model ourselves after the people who know this business the best, the directors and members of the NRBA - you don't have to re-invent the wheel, just jump on board and follow their example.

Kristian Peter
San Diego REO Specialists
San Diego, CA 



I opened my franchise 4-1-06 the day they announced the real estate bubble had broke. I joined NRBA right away, attended a Business Development seminar in Las Vegas, met Ralph Barone, Art Acosta and others, have attended NRBA & REOMAC conferences was reassured by NRBA that if I followed organizations recommendations at 18 months business would increase. Thank you Mike, Art and Ralph and all the members I finished #9 in our local MLS 2008 closing 135 units all REO and I'm #1 producing female REO Agent in State. Couldn't have done it without your great encouragement, training and support! Now I'm gonna get my CREO and apply for MB for WI!

Sharon Sinklair
Coldwell Banker Foremost
Waterford, WI 



Hi Mike, Having been a successful retail agent for years, I was taken back by how quickly my business starting drying up. I joined the NRBA and attended your amazing convention in May. I received a call for my first REO listing while at the convention. (good karma) But I was trying to get my foot in the door to a large local asset company. A friend had a connection but was not getting anywhere until she told them that I just got back from the NRBA convention.. Within a week they send over my first REO listing. They have become my best client. Thanks Mike and everyone else for all that you do to help others succeed. 

Cristine Clark 
Realty Executives
San Diego, California



I joined the NRBA the first year it was founded. Being in Cal. There were no REO so I listened to Mike and the directors and started to increase my BPO work. I was doing about 1800 a year one year later and depended on what I was told and heard at the NRBA convention and the Forum. 

When the market turned in 2006 I was at the leading edge of the REO onslaught and way ahead of the brokers who had not planned correctly. I went from a one man show to a business with two offices and 25 employees in two years. My 2008 BPOs were in excess of 4,000 and sales exceeded 640 and a total of over $115,000,000. The help and guidance of the NRBA gets full credit for this phenomenal growth. 

I have obtained one of my Bucket list items which was to be the top producer in my market place. I beat the nearest competitor by over $45,000,000 and set the bar for all to dare.
Thank you NRBA 

Bill Pfeif
Guarantee Real Estate
Fresno, California

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Date printed: 04/22/2021
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