Training agents to be responsible stewards of distressed properties — not just to take listings, but to handle foreclosures with compassion, compliance, and community impact in mind.
The following courses are built to equip you with knowledge and hands-on experience to service Real Estate Owned properties. Designed for real estate agents looking to diversify their business, gain consistent inventory flow and a deeper working knowledge that prepares them with a competitive edge in today’s shifting market to work with a financial entity as a client. It is a highly specialized niche that distinguishes you from competitors while increasing your buyer pipeline and long-term investor clientele.
Licensed Real Estate Agents
Brokers (Owners or Associates)
Teams and Brokerages
Simple day-rate pricing available
Discounted Full Courses
In-person (classroom, at property) and virtual sessions
Begins July 2nd 2025
10 x 1 hour sessions preparing an agent to be equipped with knowledge and hands-on experience to build, operate and service Real Estate Owned properties. You'll learn:
Foreclosure Causes, Process and Alternatives
How to become an REO Vendor
Duties and Key Metrics of a REO Agent
Personal Safety & Equipment Management
Property Assessment and Condition Reports
Repairs and Renovation Overview
Valuation Reporting
Includes for 4 NYS CE** credits.
This course starts soon:
6 x 1 hour sessions that takes an agent to the next level in servicing Real Estate Owned properties. You'll learn:
Relocation & Evictions
Property Condition Reports
File & System Management
Valuations and Violations
Co-op Assignments
Offer Preparation & Presentation
Includes 3 NYS CE** credits.
Commission Earning Potential*
5 x 1 hour sessions focused on serving an actual REO client. You'll learn:
Assignment Setup
Vendor and Utility Management
Rekey, Winterization and Maintenance
Broker Price Opinion & MMRs
Offers and Contracts
Renovation Design & Approval
Client Specific Reporting
Includes 2 NYS CE** credits.
Commission Earning Potential*
5 x 1 hour sessions in which you'll learn all the on-field knowledge and reporting of an actual REO client involving:
REO Auctions
Non-SAM Vendors & Bids
Environmental Hazards and Remediations
Sales of Co-ops
HUD Property Assignments
Marketing Tools & Methods
Includes 2 NYS CE** credits.
Missed classes or need a refresher? It's okay! Past year students that completed a full course can enroll for 50% off the same full course or individual sessions of that same course to complete it and gain the skills needed to service this specialized market.
*REO 102 & 103 courses are highly specialized on servicing an actual and existing client of a NYS Licensed Real Estate Brokerage. Only available to agents with their license associated at Keller Williams Realty Liberty. Agents of this brokerage that complete these courses are eligible to receive apprenticeship opportunities, work on assigned properties and earn income on collected commissions at the brokerage's discretion. From The Neighborhood® does not administer or govern the apprenticeship or any similar opportunity or program. Separate terms and agreement apply provided by the brokerage. Results may vary and prior results do not guarantee a similar outcome.
Important Information: From The Neighborhood® does not guarantee any amount of income, protection from losses, opportunities and/or gains from the information and material presented in any of theses course offerings. Course classes are taught in classroom, online/on-demand, at actual REO properties, or other related locations and methods. Dates may be subject to change and/or non-continuous to accommodate the enhanced learning experiences. Any changes to the location, schedule, time or dates for classes are communicated to all students at least 2 days in advance via Google calendar invite. REO 100 is a pre-requisite to enroll. Students must enroll into course(s) and complete in sequential order.
**Real Estate license CE accreditation is provided by partnering licensing centers. Courses are for informational and educational purposes only and should not be relied upon as a substitute for tax, legal or other professional advice. Every 2 years, all licensees must complete 22.5 hours of approved NYS continuing education.