I appreciate the information. Sure don’t want to waste money. Do you have any advice on how to obtain commercial reo listings? I joined the NRBA and that helped me get into the residential foreclosure market.

REOMAC has a commercial session at their upcoming conference in Hollywood, FL Oct 14-17. Additionally, on Saturday the 18th, there will also be commercial certification classes for those attending the conference. Check out the information on http://www.REOMAC.com No guaranty that you will get listings, but you will get some valuable information.

CREOBA has established relationships with some of the largest default servicing companies.and have made arrangements for the companies to use the services of CREOBA Members.

Does this sound like a scam, I think not! It is always wrong to judge things without being better informed.

This organization began early this year but has already established itself within the industry and will be sure to be a positive association and a benefit to the industry and its membership with in the upcoming wave of commercial real estate.

“Thomas March and the rest of the Home Selling Team service Roseville, Rocklin Granite Bay, Loomis, Penryn, Auburn, Folsom, Newcastle, Sacramento, Elk Grove and surrounding areas.”

you are defensive about creoba – probably cuz you paid the fee they charge which highlights the problem with CREOBA – that they’ll likely take just about anybody that will pay the fee and fill out their form.

Gregory,

We as Realtors pay many fees to be in business

I also pay a CCIM fee, a NAR Fee a CAR fee, multiple MLS fees, as well as many other association fees that are just a part of doing business. None of these busines associations brings any guaranteed work, they just highlight my and other members ability to prove that we are worthy of doing business with.

By the way Gregory, there is a screening process in place and not everyone does get accepted. An agent has to have five years of recent commercial experience or be working in partnership with a commercial agent with five years of experience.

I am sure that you are a member in many associations that also do not guarantee you business.

By the way, in the short period that I have been a member, the networking within the association has already served to bring me business 5 times more than the cost of membership. So for me, it has been well worth the cost of joining and I feel that the benefit of membership far exceeds the cost of joining.

Life is what you make of it…I have made CREOBA work for me.

I met Ray McLaine in Denver last month at a conference for LPS brokers. I will be partnering with a commercial broker here in Florida so I can qualify for CREOBA. They had a conference call last week and what Thomas says is true. If you do not have 5 years experience in commercial real estate do not apply. I have reo experience but limited commercial experience. I am also taking the commercial courses at the REOMAC conference next week. I think they are legitimate and will take a chance. I don’t see any other organization offering services similar to theirs.

I looked into the commercial reo association and thought the fees were too high for these times. I am currently an reo broker for many banks on a residential level. I am seeking commercial reo contacts also. I did recieve a number of calls from th creoa about signing on.

Hey I Just finished some certification courses organised by CREOBA last week in San Diego. Comercial BPO 201,Commercial REO 201,Commercial BPO 101 & Commercial BPO 202. All these certification courses are conducted by experienced professionals. It was very educative courses.
I congradulate to Mr. Ray Maclaine to conduct these courses. Knowledge is power. This is will refine your carrier to a better stage.

I went by the CREOBA booth at NAR San Diego two weeks ago. My impressions of these guys are not too far off from what is posted here. I stumbled upon this while doing some searching and research on the group. Thanks for posting this.

Knowledge is power but spell check will help you from sounding like an idiot.

You're DEAD wrong!!! Only commercial brokers with at least 5 years experience are "invited" to join. Get your facts straight, Obama followers, oops, did I hit a nerve?

You're an idiot just like the twit who wrote the most innacurate piece above. I know this guy who is a residential agent trying to apply to an association of qualified commercial brokers, but was denied membership on that basis. Every applicant is invited and must be approved for membership based upon commercial broker experience (at least 5 years). This guy was sour graping about his denied application.

CREOBA has NO minimum term requirements and only accepts credit card information by fax making the transaction secure.

Get the facts by going online at http://www.CREOBA.com.

You're obviously a fanboy, but for your information, when we wrote this, the site did accept credit card info through an unsecure site. They also didn't have the 5-year experience policy in place. Therefore, the policies of CREOBA have been changed because we were right, not because we didn't have our facts straight.

Looking through a lot of the people on the website however, many, many still seem to be entrenched in residential RE.

If that's the case, a retraction and clarification are in order. But for some, not taking responsibility is more acceptable…

A retraction? Does the media go back and retract or clarify a story every time something originally reported changes?

I think the fact that I allow comments and you clarified is more than adequate in this case.

I have been associaed with CREOBA FOR OVER 1 YEAR, I have had no BOV's, or listed a property in this time limit, they talk it up good but with no action. Your dollars per month are supposed to be for zip codes, I have never received anything from them except asking for more money to take classes or for dinners that are in other states to meet asset managers, however means a plane ride and room fee, in hopes to meet the asset manager and get some work, I do not think it is cost effective for us to do this on there say so, with no clear opportunity. How do we know that the asset manager holds a listing in our zip codes? Seems that this answer should be available prior to invitation…To keep brokers involved must be more organised

I stumbled on this blog while trying to do some research. A couple of things strike me as funny. (1) R Silver bringing presidential politics into the matter. I don’t get it. Seems like he has personal issues he must work through. (2)rbsilver visceral reaction to the article. Personally, I tend not to give hot heads any credibility. I’m still researching but if R. Silver and rbsilver are on the side of CREOBA I’ll continue getting the few leads I do from my local CCIM chapter.