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$149/month: You must have at least three years experience in selling REO properties OR have sold at least 100 REO properties.
If you are interested in applying for membership, please fill out the New Member Application. Once completed, a FORCE representative will contact you with your application status.
We are looking for the best. The lender and servicing communities are calling for highly qualified, performing, experienced REO agents. And we're answering that call. All members of the FORCE must qualify through fulfilling the following:
Experience in REO: All members must have three years of proven active REO experience or 100 successfully closed REO transactions.These years of experience as well as successfully closed REO transactions must be documented to the satisfaction of the FORCE compliance team. Our compliance team will review all supporting documentation, verifying that each member has met these minimum requirements.
REO Certification: All members must complete and pass The Five Star Institute REO Certification exam.The Five Star Institute REO Certification Training is available as a refresher course for all incoming FORCE members, presented online or in person.
Licensing: We require that our agents be properly licensed REO agents or brokers in good standing, and we verify member information and references prior to accepting new members.
Continuing Education: Education is continuous, and mandatory. Members are held to that standard and must log in and participate in Webinar education monthly.
Local Multiple Listing Service Membership: All FORCE members must be active and participating members in the local MLS system in which they intend to broker REO as a member, and be in good standing as verified by FORCE staff.
Errors and Omissions Insurance: All new members must carry errors and omissions insurance with coverage limits per incident, per industry-accepted standard in their local market and provide proof of such coverage prior to formal acceptance.
Liability Insurance Coverage: FORCE members must have active liability insurance policies in place, providing for minimum coverage per incident at an acceptable rate per their local market. Proof of active coverage will be verified by FORCE staff.
Industry References: Prospective members must provide REO and real estate industry references upon applying to the FORCE. References are checked by dedicated FORCE staff prior to formal acceptance to the FORCE. Members also agree to a complete background check.
Code of Conduct: We require that FORCE members abide by our Code of Conduct.
Commitment to Excellence: We require that FORCE members uphold the highest professional standards.
Your business. Our momentum. Together, we are the FORCE.