Do you have it or not?

Hello Everyone,

                     Is it me or are there as many as 90% of individuals out there who claim to have REO inventory or Asset Portfolios full of crap?  I know there are a substantial amount of frauds who are attempting to jump on the wagon with the current real estate climate, however, WOW, they are a half step from criminal fraud. 

I have spent countless hours trying to locate genuine groups who can actually produce a tape.  I thought getting a buyer up and running was difficult, but again, WOW!  I am absolutely amazed on how many people out there are trying to take advantage of a horrible situation.  They are getting so sophisticated to even get all of the appropriate documents, Non Competes, Proof of Fund request and Letters of Intent with the only intensions of attempting to acquire your client.  Notice I said "attempt".  Can't get anything past this old retired police detective, or can you?  Sometimes I wonder if I am being too much of a cop and not just realizing the person on the other end is simply feeling me out as well because they too have had the same horror stories.  Either way, it has become more of a task each day.  However, do you remember when you first started in Real Estate and you damn near broke your big toe diving for the cell phone, thinking it was that Million Dollar client or someone who actually wanted to speak to you because you just got your real estate license? Well, in the REO world it is almost the same, all you need is that Multi-Million dollar tape and your set until the next time the phone rings. 

However, when it does ring again, don't get too cocky and say, " Oh they'll leave a message" ( You know, you got that big commission check, so now you work 11-2, (with an hour and a half for lunch) Tuesday, Wednesday and maybe Thursday.)

Folks, all I am trying to say is, "Can We All Get Along," (sounds familiar) and get a deal done without playing cops and robbers?"       

If anyone has any suggestions of streamlining the process, please let me know. 

Thank You,

Kyle F. Cimiotti

Prudential Florida Realty

kylecimiotti@comcast.net

954-642-8855 / 954-655-0894