What is the competition like?

What Is the Competition Like?

There are roughly 12,000 banks and credit unions across the U.S., each holding assets at various stages of distress.

While some markets may be more competitive than others, the diversity of assets across these institutions creates ongoing opportunities. Most banks work with multiple brokers and investors, so you’re not limited to a single relationship or deal source.

The key is to cast a wide net—across locations, asset types, and institutions—to increase your chances of finding deals.