Adventures of an REO Agent

Real Estate Sales Representative with Coldwell Banker Graham & Assoc.
It was a cold February morning. I was standing on the porch of an old rundown home built around 1920 that had been vacant and abandoned for years. The home was located in downtown Jackson on the appropriately named Hooker St. Right behind me were two guys hired from Labor Finders by the owner of this dump to complete a trash-out of this property.

Now this place was full of trash...up to your knees in feces, old urine stained clothes, porn mags, used condoms, furniture, dead rats, roaches and just about any other disgusting item you could think of. I knew this because I had been in the house a few days before. I didn’t have a key to the place so to gain entry I had to kick the front door in, which I have had to do an many occasions.

Now this door was big and heavy, not like most doors today. This door was made back when thay actually used real wood. It weighed at least 100 pounds. It wasn’t too hard to kick in because it was hanging on by one rusted door hinge. When I left, I just propped it back up on in the frame, which leads me back to where the story began.

So here I am on the porch with the two guys from Labor Finders. I have to show them what all needs to be trashed out. Knowing that the door was just leaning against the frame, I push it over. As the door falls (which seemed to be in slow motion) I notice a candle flickering in the corner of the room. The first thought that registered with me was., “that’s odd.” That was about the only thought I had until the door hit the ground. Shortly after that, I heard a bunch of hollering and screaming. I was so fixated on the flickering candle I didn’t even see the homeless man sleeping in the room right behind the door. Well sure enough, to his surprise, my surprise and the two guys behind me, who were so startled they almost ran down the street, this man’s alarm clock that morning was a solid 100 pound wood door falling on top of him.

Of course the first thing I thought was law suite, then I realized that he didn’t know who I was, and I sure as heck wasn’t about to tell him. I demanded that he put his hands up where I could see them, then drug the door off of him. I asked him if he was okay and if anyone else was in the house with him. He said his partner was sleeping in the other room. The man got up, got his partner and ran out the back door.

I showed the guys all the trash they had to clean out and said, “have a nice day.” Later that afternoon, around 4:30, the Labor Finder guys called me up and asked if I could come pick them up so they could buy some gas to put in their car. It was getting late, they were scared and didn’t want to be in the house after dark. Of course I am the last person that would want to be in the area after dark as well, dressed in slacks and a button down. I would stand out like a sore thumb. But I relented, because I felt bad for the guys. I picked them up as the sun was going down and drove to the nearest gas station.

I let them pump gas into a milk jug as I went in to pay for it. The gas station attendant was standing behind 2 inches of bullet proof glass. He started arguing with this druggie who cut in line in front of me to by a Swisher Sweet because he cut in front of me. He forced him to get behind me. I thought, this is very nice, but your behind two inches of glass and I am standing next to the man. I don’t mind if he cuts. But of course you can’t show fear. So I stepped in front, payed the $3 worth of gas and quickly left the building. As the man who had originally cut in front of me left the building, he preceded to turn around and re-leave himself all over the front door of the gas station. At this point I remember thinking to myself, the few hundred dollars that I will make on the sale of this home isn’t worth all this trouble...but this is the life of an REO agent.
This is an excerpt from a book I am writing called: "Buyers Guide to Foreclosures"

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Phil Leng
Retired - Kirkland, WA
Phil Leng - Retired

Hi Nick,

Quite a story!

Did you hire the trashout people?

Apparently you were not told to secure the property when you visited before?

Interesting blow by blow...


Jan 24, 2012 05:11 PM #1
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