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 Wi Form Mv3027 2015

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[Music] hello and welcome to Legal update live for May of 2011 I'm Tracy Rucka the director of Professional Standards and practices here at the Wisconsin Realtors association and with me today we have Debbie Conrad who is our senior attorney and director of legal Affairs and today our update we're going to talk about is about REO or real estate owned transactions as you know with the market that we're in if you haven't had an REO listing yet you may have one soon and so this update deals with the just a wide breath of issues that might help you through an REO deal so we're going to start with uh kind of overcoming some of the pitfalls maybe Deb do you want to say for the listing broker what some of those pitfalls may be and what they can do to have successful transactions sure Tracy um a lot of times arel properties may turn out to be vacant so the asset manager may ask the listing broker to perform what are essentially Property Management Servic

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