This is "Part 3" in the "How To Have Success in REO & Short Sales" Series (if you missed Part 1 and/or Part 2, there are links below to check those out)...  In the last episode we discussed our top strategies and tips on "How To Get Into REO & Short Sales" and in this episode we are breaking down the important things you need to know and be prepared for once you get a REO Listing and/or a Short Sale Listing... The process & steps are much different for REO & Short Sales, in regards to the Listing Agent, compared to Traditional Real Estate, so it is essential to know the differences so you can then make sure you are prepared...     "The Main Overall Steps for REO and Short Sales That Real Estate Agents Must Know"... Think of these as the order in which things need to happen when you get a REO Listing Assignment and/or take on a Short Sale Listing as the Listing Agent...     Part 1 - "Why It Is Important For Realtors To Get Into REO & Short Sales" (link below to check out)     Part 2 - "Top Ways For Realtors To Get Into REO & Short Sales" (link below to check out)     *Check Out Part 1 Here: https://youtu.be/LUFvW2f8znk     *Check Out Part 2 Here: https://youtu.be/R6wwc57nXS0       00:00 - Introduction   3:00 - The REO process   10:00 - ‘Days in inventory’   17:00 - Managing an REO listing   24:30 - The REO process is different in every state   27:10 - The short sale process   34:30 - What to do when listing a short sale property         To learn more about "REO University" Go To: http://reomasteryuniversity.com/     *IMPORTANT: If you decided to join REO University, make sure to use PROMO CODE:  REOUNIVERSITY  , all one word and all caps, this will save you $500 so you can get the entire Training Program for Only $997 or 3 Monthly Payments of $333!     Ben’s Contact Info:     https://www.facebook.com/barbergrouprealty/     https://www.facebook.com/ben.barber.90260     https://homeisawesome.com/       ?  For a TON of FREE Tips, Methods and Strategies to help you DOMINATE Your Real Estate Business, make sure to snag my new 100% Free Digital Book (it will be emailed to you within seconds) - Joshua Smith's Free Book "DOMINATE Your Real Estate Business - Top Tips From a Top Producers" go to: http://www.JoshuaSmithFREEBook.com/     ? Looking for help in your Real Estate Business, Check out Joshua Smith's Coaching Program "Mastery Bootcamp" at: http://www.MasteryBootcamp.com     ? Want to learn more about Joshua Smith's Coaching Program, see if the program is a fit for you, etc... Schedule a 100% Zero Pressure/Zero Hassle Discovery Call, Click Here:  http://www.MasteryBootcamp.com     ? "Triple Your Real Estate Business In 90 Days" [FREE In-Depth 3 Hour Online Masterclass with Joshua Smith] - http://bit.ly/2WQHBqM     GSD Mode Podcast Sponsors/Supported By:     Perfect Storm (The most Effective and Affordable Real Estate CRM in the Real Estate Industry) - http://www.PerfectStormNow.com     Mastery Bootcamp (Joshua Smith's personal Coaching/Mentorship Program) - http://www.MasteryBootcamp.com     REO Mastery University (REO and Short Sale Real Estate Agent Training) - https://reouniversity.wpengine.com/     Connect With Joshua Smith On Social Media:     Facebook - https://www.facebook.com/JoshuaSmithGSD     Instagram - https://instagram.com/joshuasmithgsd/