I specialize in selling REO listings and HUD houses. I likewise offer an REO starter package to help representatives discover how to offer REO listings and how to get REO listings from banks, asset management companies, and hedge funds. REOs are houses that have been foreclosed on, and the bank seized that house (how to find real estate agent).The REO representative has numerous responsibilities because the owner of the house is typically in another state and will never see the home. REOs can be a great income due to the stable stream of listings that come to a successful REO representative. Short sales are homes owned by house owners, but the property owner can not offer the house for sufficient money to pay off what is owed on the house.