Well after attending last year, I posted this to Dan Waterman's Universal REO blog.
"Dan, I just returned from the Annual Five Star Default Servicing Conference and Expo in Dallas last week. It was an incredible education and networking event and was attended by Loan Servicers, Loss Mitigation professionals, Auction companies, Appraisers, Title companies, REO Preservation companies, brokers/agents and lenders. It was truly the 5-star event expected.
The first 2 days our team spent attending three of the six Five Star Certification Classes, ‘Providing Broker Price Opinions,' ‘Home Retention' and ‘REO A - Z.'
The next 2 days offered a myriad of informative 2-hour sessions. We took advantage of attending classes such as ‘Setting Up Shop,' ‘Occupied REO and Personal Property,' ‘Facilitating Successful Short Sales,' ‘ REOTrans Certification' and ‘Auctions, Alternative Disposition.'
On Wednesday, we attended a 4th Five Star Certification class on ‘Real Estate and the Government: Making It Work For You.' The first part of the class we learned the specific steps necessary to work with HUD. The second part of the class provided some invaluable information about working with Freddie Mac REOs.
The highlight of the Five Star Conference for me was the Lender/Servicer Open House that ran all day Tuesday. This Open House gave the attendees an up close and personal, straight from the Servicers insight into what it takes to get their business. It was a phenomenal meet-and-greet opportunity for anyone looking to develop new business leads and stay in the know.
I gained so much knowledge and made so many professional contacts at the conference that I know will enhance my business. I can't wait to attend again next year!"
It's next year and I am extremely excited to attend. Still not sure if it's worth your time and money? Well, let's recap - my ex team members now collectively work with over 8 different REO sources and have well over 100 REO listings.
All I can say is that it was definitely well worth the money we spent! Looking forward to hearing your success stories this time next year.
Mykel--I am going to the conference and you have fired me up that I made a good decision! I have signed up for the REO A-Z and the BPO class in addition to the other classes they offer. Thanks again for such great insight.