REOPro - Real Estate Default Professionals

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A little update from Northern California

It's been some time since I've written a blog entry - so many REOs, so little time. OK, there have not been that many REOs, we are probably averaging only about one new listing a week these days. We are still anticipating this big flood of REOs in California that everyone still says is coming, although it keeps getting pushed back until later in the year. I just attended a meeting sponsored by RELS (a joint venture between Wells Fargo and FIrst American) where they did indeed confirm they are expecting to see a lot of inventory coming in the next few months.

However, I'm not sitting still. I am hitting the road - to the Five Star Conference in Dallas coming up in September. I know, last year was kind of a debacle - way too many people crowded into far too small a place for starters. But I'm giving it another shot, and this year, we're having a booth at the conference, all in the hopes of finding some new clients. After all, if there is to be a huge deluge in the fall, I expect there will be some REO outsourcers looking for experienced, hard-working REO brokers in Northern California, right?

If you will be at Five Star, please come and say hi. My partner Heidi and I will be there to talk about our business, our booth # is 221.

I should also mention, we have re-worked our web site, too. Check it out, let me know what you think!

See you in Dallas I hope!

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