REO:
The Next
Chicken
Little?
There are two camps with
differing opinions on the
state of the REO market:
One insists the end is near
for REOs, while the other
maintains REOs are here to
stay—for a while at least. Is
the sky falling for REO?
With Rochelle Jones
and Dave Larsen
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Rochelle Jones has been a licensed agent since 2006 and
is a member of the Keller Williams Greater Northwest
Houston team. Prior to her career in real estate, she
served as a performance solutions manager and corporate
trainer in the telecommunications field. She utilized
her past experience to help REO brokers streamline
and develop productive teams. This ultimately led to her
building her own REO team, which now serves more than 10 clients and is
dedicated to offering a "one stop shop" for all real estate transactions. She is also
a housing advocate, providing training and education to first-time homebuyers
and investors via foreclosure prevention academics and other courses.
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Dave Larsen has been licensed as a full-time Realtor
in the state of California since 2000. He has won
numerous awards for sales accomplishments and
leadership within his office and within the RE/MAX
International organization, including being ranked
among the top 100 RE/MAX associates in the nation
in 2009 and 2010. He has earned several designations
pertaining to distressed properties, including the Certified Distressed
Property Expert (CDPE) and Certified Short Sale Professional (CSSP),
and has completed more than 400 REO transactions over his career and
maintains a 100 percent short sale approval rating.