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California Real Estate Weather Forecast - REO Tsunami Ahead

By Marlene Bridges

Real Estate Agent with Village Real Estate Services, Inc.

October 04, 2008 04:53 AM

Dateline - San Dimas, California October 3, 2008

Today marked a new milestone in Southern California CRS history. President Deborah Kniss and President Elect Marlene Bridges saw a need to prepare our members for the work that lies ahead for California REALTORS®. With the help of noted NAR, CAR speaker, and fellow Active Rainer C.J. Johnson of Silver Lining Productions, two classes were created:

REO 101 for the 21^st Century

REO 102 for the 21^st Century.

The classroom was packed to capacity when C.J. regaled over 100 attendees with her humor, wisdom, and cutting-edge, fresh-from-the-trenches information on professionally working the REO market. We can't wait until October 24^th when we get part two of the series.

This class was so well received, plans are already in the works to reprise it in early 2009. Are you ready for the coming REO tsunami ahead? Read the flyer below to see how Southern California CRS is helping agents to get prepared to professionally handle the market that lies ahead:

The Southern California Chapter of CRS® &

Silver Lining Workshops

Present

REO 101 & REO 102 for the 21st Century

REO 101 - The Basics:

Date: Friday, October 3, 2008 9a.m.- 4 p.m.

Cost $99 for this CRS® Sponsored Event (normally $149)

•· Overview of the REO Marketplace

•· BPO Business Module for Immediate Cash Flow &

Future Listing Opportunities

•· Proper BPO Preparation

•· Hands-on BPO Training Session

•· The BPO/REO Resume

•· Registering for BPO Business & More

REO 102 - You Get An REO Listing... Now What?

Date: Friday, October 24, 2008 9 a.m. - 4 p.m.

Cost $99 for this CRS® Sponsored Event (normally $149)

•· How to Effectively Manage REO Listings

•· Cash For Keys - a Win/Win Scenario

•· Asset Preservation

•· Property Tracking/Property Management Systems

•· Marketing to Investors: Cash is King!

•· The Who, What, When, & Where to Register for New

REO Business & More

WHERE: CITRUS VALLEY ASSOCIATION OF REALTORS®

655 W. Arrow Highway, San Dimas, CA 91773

ADVANCE RESERVATIONS REQUIRED

RESERVATION HOTLINE (661) 972-9642

VISA, MASTERCARD, AMERICAN EXPRESS, DISCOVER & DEBIT CARDS ACCEPTED

Class admittance policy on these Southern California CRS® Sponsored Classes: Your confirmation will be emailed to the email address you provide with your paid registration. Without record of your payment, attendee will be required to pay with a credit card on the day of the event prior to admittance to the class/meeting. If payment is later verified, attendee will receive a refund. No unpaid guests will be admitted. Sorry no refunds for non-attendance to these events. Paid-at-the-door limited to space available and we cannot guarantee admittance-reservations are recommended. All Real Estate Professionals are welcome. CRS® Designation is not required. These workshops are for career enhancement. No DRE credits are available. Each paid attendee will be issued a certificate of completion by mail after successfully passing the provided quiz

For more information about Southern California CRS and how to become a CRS (Certified Residential Specialist) go to www.SouthernCaliforniaCRS.com

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Kathy McGraw

CELLing Realty - White Water, CA

Riverside County CA Real Estate

Marlene- Your Title says it all...I hope some lenders and loss mitigation people start taking some classes. I think a cross blend of professionals would really serve everyone the best, but in the meantime I would have loved to attend your first class :)

Oct 04, 2008 05:04 AM

Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

It was a terrific class, Marlene. I look forward to the second which I undestand may be sold out already, or nearly so.

Jeff

Oct 04, 2008 05:58 AM

Lynda Eisenmann

Preferred Home Brokers - Brea, CA

Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co

Hi Marlene,

Sounds like your class was very well received. Rock n' roll times in real estate right now.

Oct 04, 2008 07:53 AM

Marlene Bridges

Village Real Estate Services, Inc. - Laguna Hills, CA

Laguna Homes|Laguna Condos|Laguna Real Estate

Hi Kathy - It was a great class. Maybe you can make it in January? And, you are so right. I hope everyone who is working in this arena will do their level best to get some good training and work together as professionals.

Hi Jeff - Glad you enjoyed the class. Like you, I'm looking forward to the next session. I believe we are about 1/2 sold at this point, so there's still room for a few more at this point. Sure glad you made the extra effort to be there!

Hey Lynda - Yup we are truly living in Rock 'n Roll times! Sure was great t have this class to gear up.

Oct 04, 2008 09:31 AM

Jason Sardi

Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC

Your Agent for Life

Education is key. This comes from a guy who hated school... but I hope I've evolved a bit. Never in our history has our expertise been more important, to do our part. Good to read ya again, Marlene:-)

Oct 04, 2008 11:36 AM

Hi Jason - Funny how the older we get, the more we crave the education we resisted in our youth! Nice to hear from you Jason :)

Oct 04, 2008 01:03 PM

William Johnson

Retired - La Jolla, CA

Retired

Hi Marlene, Sounds like the class for the times. I still have not been doing any REO's but I am reconsidering. Lets see the choice, REO's or ???, REO's. I will take the later one thank you, lol. Nice to hear that we have expect information to draw on. Nice post and full of so much really good information through your links. Lover our call today and many many thanks for your friendship and kindness. You are so very special to me!

Oct 04, 2008 04:09 PM

Anonymous

C.J. Johnson, Silver Lining Workshops

Hello Marlene & All Who Attended REO 101: WOW..WOW...WOW I never expected in my wildest dreams that we would have sold out and added 20 chairs to the back of the room. Thanks to Deborah Kniss & Marlene Bridges and the Southern California Chapter of CRS for their timely attention to their current members requests for education on topics that effect our daily business and lives. I am looking forward to our next installment REO 102 and future sessions of both workshops. I also want to thank all that attended and participated in the workshop. Looking forward to working with you all again in the future...see you all on the 24th...C.J.

Oct 05, 2008 03:24 AM

Hi William - It was great talking with you yesterday, too. Yes, I think REO's are definitely a big part of our future. We have two choices - stick our heads in the sand or gear up...let's gear up, buddy!

Hi C.J. - Yup the class exceeded our expectations as well. Thanks for the great job. We've been getting rave reviews!

Oct 05, 2008 03:32 AM

Mike Jones

SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) - Tucson, AZ

Mike Jones NMLS 223495

Marlene,

Congratulations on your part in launching this class, and for your upcoming presidency. The "doers" will shape the future of real estate, while those who sit, morose, on the sidelines will be washed away by this Tsunami.

Mike in Tucson

Oct 06, 2008 01:55 AM

Hi Mike,

I so agree. We at SoCal CRS are looking for the right tools to get our members prepared to ride the wave rather than being swept away by it.

Marlene

Oct 06, 2008 03:28 AM

Richard Dolbeare

Inactive - Wailuku, HI

Living the Hawaii Lifestyle

We get the real thing (tsunami) here in Hawaii but fortunately not too often. We're starting to get the other kind too.

Aloha,

Richard

Oct 24, 2008 06:03 AM

California Real Estate Weather Forecast - REO Tsunami Ahead

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