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REO Boom: How to Manage, List, and Cash in on Bank-Owned Properties: An Insiders' Guide for Real Estate Agents by Tim Shah, Aram Shah

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[APPENDIX H]

Sample Listing Letter

REO ID:__________ DATE:__________

05/13/2012

MARY J

XYZ BROKERAGE COMPANY

REO No: A123456

Dear MARY J:

BANK, also known as “Seller,” grants you sole right to sell this property during the listing period below subject to the terms and conditions of the current and revised BANK master listing agreement (MLA).

Listed Property:

Address: 1234 MAIN STREETANYTOWN, USA 123456
County:
Type of Property: Single Family Home
REO ID: A123456
Legal Folio Number: 1234567897651
BANK Internal Loan Number: 987654321

Listing Price, Terms, and Conditions

Listing Price: $155,500.00
List Start Date: 05/13/2012
List End Date: 08/12/2012
Conditions: Purchase of the property will be by cash at closing or on ...

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