NMLS 460588 - Rev 3/30/20 Typically, banks will have an asset management company handle REO real estate transactions. The bank will give this browse around here company guidelines to follow like how long to wait before reducing the price of the property. The price of this REO will be set by using a comparative market analysis (CMA)- finding the property value by using the purchase price of similar properties which recently sold in the same real estate market. A bank owned property will then be priced either at or below the fair market value. This 5,592 square foot property could be used for a retail, warehouse or light industrial space. It sits on 0.73 acres in Reeds Spring with close proximity to Branson West. To learn more, contact Jared Commercial. Maskot / Getty Images