May
16

Bobby Klein

Bobby Klein, Team Lead for RealEstateAuctions.com in Charlotte, NC (pending licensure)

Pending official state licensure for the company in North Carolina, Bobby Klein will serve as Team Lead in Charlotte for RealEstateAuctions.com.

“Bobby is another ground-breaker for us, opening our fourth state,” said Brian Kuzdas, the company’s founder and owner. “He’s energetic, accomplished in real estate and eager to get started. With staff already operating in Illinois, Florida and California and many more states to come, we’re very much looking forward to opening this new market.”

Gregarious and instantly likable, Bobby began his real estate career 10 years ago purchasing and rehabbing properties, eventually amassing a total of 63. Today, he recalls his first investment venture with the sense of amazement that typified those heady days of flipping real estate.

“I put in a contract on an old, beat-up house in West Charlotte, and within two weeks a local real estate agent approached me with a client who offered me an additional $20,000 to buy me out of my contract,” he says. Bobby used the proceeds to immediately buy and rehab another property, and then two more, partnering with a colleague from a previous job and eventually assembling a team of five tradesmen as they made their way through dozens of properties in the Charlotte area.

“It was a ton of fun until the market changed,” recalled Bobby, who eventually opened his own brokerage, Freehold Realty, and began specializing in short sales several years ago. But short sales, he explained, can be a tough road with lenders, which is why he became attracted to auctions.

“It’s so exciting,” says Bobby. “It’s a new concept in this area and auctions are a great way to get involved in all the REO (bank-owned) listings.”

Born and raised in Williamsport, PA, home of the Little League World Series, Bobby attended college in Wilkes-Barre and then moved to Colorado. “I was a ski-bum,” he says with a laugh, “and then I moved back home to help a friend open a nightclub.”

Bobby worked hard during the week and travelled to Charlotte on the weekends to spend time with his sister and her husband. He eventually took a job in the area as the beverage director for a well-known restaurant chain and from there become an account executive in the food distribution industry before becoming a real estate investor.

“About a year ago, I started contacting Brian of RealEstateAuctions.com, telling him to keep Charlotte on his mind as he expanded the company,” Bobby says.

Apart from his busy real estate career, Bobby is a confirmed family man who is active with his church and the local real estate board.

As Team Lead for the Charlotte area, Bobby will be responsible for recruiting and training licensed Realtors® to list all types of real estate for sale via auction. His professional specialties include:

• Real estate auctions

• Charlotte real estate

• Charlotte foreclosures

• Accelerated real estate sales

• Short sales

• REOs

• Real estate investing

• Real estate financing

• Real estate marketing

•Unsold developer inventory

• Distressed assets

For more information about joining his team once RealEstateAuctions.com becomes officially licensed in the State of North Carolina, call Bobby Klein  704-904-4349 or email him at bklein@realestateauctions.com.

 

 

 

 

Permanent link to this article: http://www.realestateauctions.com/blog/careers/bobby-klein/

May
10

Commercial Auction Brings Bidders in North Ft. Myers, FL

Signage points the way to Bruce Scott's May 5 auction in North Ft. Myers

Ten years after running a successful business liquidation auction for a client, veteran auctioneer and Realtor Bruce C. Scott of RealEstateAuctions.com got the call again. And, like before, Bruce delivered for the client.

This time, the same client was parting with a building and land and he asked Bruce to handle the sale. Up for auction was a 5,000 square-foot light industrial-use building, which the client/owner had been renting for a number of years following retirement. The client decided to sell because of the common transitions in life, and living out of town made it increasingly problematic to manage the property effectively.

The auction was held this past Saturday, May 5, onsite at the property at 18481 N. Tamiami Trail in North Ft. Myers, Florida. “The day of auction we had 60 registered bidders in person, plus another 72 bidders registered online from all around the country, as well as the nation of Costa Rica,” Bruce explained. “We were using a wireless connection for the online bidding, so that slowed things down a bit,” he said with a smile, “but we got everything done.”

The “everything” Bruce refers to was not only the building and real estate but the considerable amount of personal property left behind by a previous tenant.

“We started at 10 a.m. with the personal property and stopped at noon, which was the designated time to begin the real estate  auction,” he said. The real estate took about 30 minutes, and then resumed with the personal property. We sold the last lot at about 2 p.m.”

Among the spectators at Bruce’s auction was Kimberly Trapani, National Recruiter for RealEstateAuctions.com.

“My husband and I arrived and they were auctioning the contents of the building, mostly furniture,” she said. “Participants were bidding back and forth and people were walking around, clearing out what they had gotten.”

“Bruce then started on the property. Bidding was going back and forth between the floor and online. Bruce is an awesome auctioneer. He was very enthusiastic and prompted the crowd to bid higher,” said Kimberly.

The auction concluded without an accepted high bid, but there’s still a great ending to the story. The property was offered as a Reserve Auction, meaning the seller has the right to accept, reject or counter the highest bid. A Reserve Auction offers the most protection for the seller, but typically does not excite potential purchasers into higher and higher competitively as an Absolute Auction would. The seller rejected the concluding bid, but Bruce had a highly interested bidder who had registered but was unable to attend the auction in person or online.

“If it doesn’t sell on Saturday, call me on Monday,” the bidder told Bruce and, in fact, the seller accepted the Monday bid and the deal now awaits closing.

Bruce has another live auction lined up for this Saturday, May 12, in North Ft. Myers featuring personal property and a manufactured home.  The personal property includes a Chevrolet Corvette and two custom-made motortrikes. Give him a call at 1-239-229-5489 for more information.

Permanent link to this article: http://www.realestateauctions.com/blog/auctions/commercial-auction-brings-bidders-in-north-ft-myers-fl/

May
09

Carmen Bernard

Carmen Bernard, Team Lead for RealEstateAuctions.com in Broward County, FL

The Florida market continues to expand for RealEstateAuctions.com with the addition of Carmen Bernard as Team Lead in Broward County.

Carmen is an industry veteran, licensed as a salesperson in 1999 and a broker two years later, who has been living in Florida for 25 years. Ever-increasing consumer power in the marketplace have convinced Carmen that predictions about auctions soon to account for one third of all real estate sales in the U.S. are on the mark.

“I think auctions are the way to go,” she says, “especially with investors. At an auction, bidders are right there, in person, plus people can bid online. The reach and exposure are incredible.”

As a Broward County Team Lead, Carmen recruits and trains a team of auction-specialist Realtors® who are responsible for bringing all types of real estate to market via auctions.

“I’m definitely excited to be on the ground floor in this market,” she says.

Like virtually all Realtors®, Carmen enjoys helping people buy and sell real estate  but she possesses a drive that has kept her extremely focused, even during the difficult economy.

“Real estate has been a true career for me,” Carmen explains. “Lots of people in Florida have real estate licenses, but many are not really dedicated to it.”  Her personal drive became particularly focused when she witnessed all the building taking place.

“I saw downtown West Palm Beach being developed and I said to myself ‘I’m going to find myself  a niche’.” She then made it a point to have coffee and talk shop with anyone in the real estate business willing to answer her questions, which led to Carmen eventually opening her own office. The niche she was able to carve included investor clients from not only the U.S. but South America, the Caribbean and even countries in Europe. Carmen specializes in waterfront properties and luxury homes.

Born in New York City, Carmen moved as a child with her parents back to Puerto Rico where she lived through her high school graduation. Carmen then returned to New York to study fashion.

“My friends call me a fashionista,” she says with a laugh.

From New York, Carmen Bernard moved to Miami and then Ft. Lauderdale in Broward County, where she launched her real estate career.

Carmen  has earned the industry designations of GRI (Graduate, Real Estate Institute), CCIM (Certified Commercial Institute Member) and CHLMS (Certified Home Luxury Marketing Specialist). GRI indicates the holder is highly trained in numerous areas of real estate to best serve clients and CCIM is awarded to professionals who have earned expert status in the commercial and investment real estate industry.

Fluent in Spanish as well as English, Carmen returns to Puerto Rico often to visit her parents, to whom she is extremely devoted. She loves to travel and contributes much of her free time to social causes, especially those concerning children.

Carmen’s professional specialties include:

• Real estate auctions

• Broward County real estate

• Ft. Lauderdale real estate

• South Florida real estate

• Luxury real estate

• International investors

• Waterfront properties

• Resort and second home properties

• Accelerated real estate sales

• Foreclosures

• REOs

• Bank-owned properties

• Real estate investing

• Real estate financing

• Real estate marketing

• Distressed assets

For more information about joining Carmen Bernard’s team, or about listing real estate via auction, call her at 561-714-7018 or send her an email at cbernard@realestateauctions.com.

 

Permanent link to this article: http://www.realestateauctions.com/blog/auctions/carmen-bernard/

May
08

Carlos Campana

Carlos Campaña, Team Lead for RealEstateAuctions.com in Palm Beach County, FL

Joining RealEstateAuctions.com as Team Lead in Palm Beach County, Florida is Carlos Campaña.

In his new role, Carlos is recruiting and training licensed Realtors® to serve as Project Managers in Palm Beach County who will be responsible for listing all types of real estate for auction.

“Auctions are going to be able to turn the economy around,” says Carlos. “It’s going to stimulate buyers, and that means end-user homeowners as well as investors.”

Carlos joins RealEstateAuctions.com after many years as a short sales specialist, a position that gave him the ability to help existing homeowners in difficult situations along with consumers that had been frozen out of the housing market by high prices.

“Across the board, I was able to help people.  I helped the homeowners get out of their properties without foreclosure, and the properties were then made available for new people just coming into homeownership,” he explains. “It was a unique position to be able to help all around.”

Indeed, a commitment to serving consumers and society at large is readily apparent during a conversation with Carlos.

“I think my biggest driver is being able to be in service to the world around me and to my community,” he says. “Giving back, touching lives and being that one person to make a difference in people’s lives.”

Carlos Campaña began his career in the real estate and finance industry as a loan officer in 2004 before becoming Director of Short Sales with Dream Realty Group three years later. His interest in auctions–the process of bringing buyers and sellers more directly together in a faster time frame and with a more fair playing field for all involved–is a natural continuation of his work as a short sale specialist as well as his greater goal of helping real estate consumers.

“I saw the vision right away and the potential of what can be accomplished here at RealEstateAuctions.com,” he says about the growth of the company. “I’ve always had an entrepreneurial mentality, and everything starts with a vision. Part of my vision is to make a mark in the real estate industry, and with one-third of all real estate sales in the U.S. soon to be via auction, we really have the ability to make that mark.”

Born in New York City, Carlos moved as a small boy with his family to New Jersey and then relocated to Florida when he was almost 16. He enjoys golf, racquetball, weightlifting, fishing and boating when not busy with real estate. He is the proud father of a son, 19 and a daughter, 18.

Carlos speaks English and Spanish fluently. His professional specialties include:

• Real estate auctions

• Palm Beach County real estate

• South Florida real estate

• Accelerated real estate sales

• Foreclosures

• Short sales

• REOs

• Real estate investing

• Real estate financing

• Real estate marketing

Unsold developer inventory

• Distressed assets

For more information about joining his team or about listing or buying real estate via auction, call Carlos Campaña at 954-732-9679, or drop him an email at ccampana@RealEstateAuctions.com

 

 

 

 

 

 

Permanent link to this article: http://www.realestateauctions.com/blog/careers/carlos-campana/

May
01

RealEstateAuctions.com Opens in Los Angeles

RealEstateAuctions.com, 1801 Century Park East, Los Angeles, CA 90067

RealEstateAuctions.com is open in Los Angeles with an office and staff and is currently accepting listings, announced company founder Brian Kuzdas.

The office is located at Century Park Plaza, 1801 Century Park East, Los Angeles, CA 90067.

Serving as managing broker of the new office is Efren Del Rio, a veteran in the real estate industry who has sold real estate in and around Los Angeles and Orange County for more than 20 years. Efren also serves as a Team Lead for a large portion of Los Angeles, as does Shirley Husar, a fellow auction specialist Realtor with long experience who is a Team Lead for a different section of L.A.  Each of these respected professionals is based at the new office and each leads team of project managers whose job it is to bring virtually all types of real estate to market via auction.

“We’re thrilled to be open in Southern California and especially in the City of Los Angeles,” says company founder Mr. Kuzdas. “The L.A. office is the third major market in which we’re active and it demonstrates how quickly we’ve been embraced by local professionals as interest in real estate auctions continues to grow.”

The other markets where RealEstateAuctions.com has offices are Chicago and North Ft. Myers, Florida.

California is among the states with the largest number of foreclosures, ranked fifth in the U.S as of this writing by RealtyTrac behind Chicago, Miami, Phoenix and Las Vegas. RealtyTrac, a respected source of foreclosure information, currently places the number of Los Angeles foreclosures at 19,586. In addition, there are countless numbers of properties in “pre-foreclosure,” an early stage of a property being repossessed because of the owner’s inability to pay the mortgage.

Despite California’s–and the nation’s–problem with foreclosures,  however, it’s important to realize that virtually all types of real estate can be a good fit for auctions, even if they are not distressed.

“It’s quickly becoming one of the great auction myths,” notes Mr. Kuzdas, “that auctions are only for foreclosures. Auctions are, in fact, increasing greatly in popularity because they offer accelerated marketing, acclerated sales and powerful benefits for buyers and sellers of virtually any type of real estate.”

The popularity of auctions has increased so rapidly in recent years that the National Auctioneers Association estimates that one-third of all real estate bought and sold in the U.S. will soon be via auction.

Efren Del Rio and Shirley Husar are currently seeking property to list for a Los Angeles-area real estate auction at a time and date to be announced. In addition, they are interviewing Realtors to join their respective teams. Follow the links in their names to contact them for more information.

Permanent link to this article: http://www.realestateauctions.com/blog/auctions/realestateauctions-com-opens-in-los-angeles/

May
01

Kimberly Trapani

 

Kimberly Trapani, National Recruiter for RealEstateAuctions.com

Kimberly Trapani has joined RealEstateAuctions.com in the role of National Recruiter, announced company owner and founder Brian Kuzdas. Effective immediately, she’s responsible for recruiting top sales talent in a number of key markets across the U.S.

“Kim will lead the charge for us in locating the absolute best auction-specialist Realtors in the nation,” says Mr. Kuzdas. “Her initial efforts will focus on bringing aboard Team Leaders in California, Florida, Illinois, New York and Texas, with ultimate expansion into a total of 43 states.” RealEstateAuctions.com currently operates offices in Chicago, North Ft. Myers FL and Los Angeles.

A Team Leader covers a territory of about a million in population and manages a group of three Project Managers per team who list individual properties and bulk properties for sale via real estate auctions. Team Leaders also recruit and train Project Managers for their teams. Opportunities for the right team leader and projects managers are high with the unprecedented number of foreclosures nationally, as well as a general growing trend of auctions for real estate of all types, including non-distressed and non-foreclosed properties.

Kim joins the company after many years in the financial services industry, where she worked as a sales specialist, trainer, recruiter and recruiting manager. She developed a training program and has earned several sales awards during her career.

“I’m very excited about the growth of RealEstateAuctions.com and the owner’s vision,” Kim says. “There is a lot of promise out there.”

As an experienced recruiter, Kim relies on a combination of factual performance demonstrated by the candidates she interviews as well as her own finely tuned intuition. She uses the Internet and good old fashioned “Who do you know?” tools to seek and attract auction-specialist licensed real estate agents.

“It’s all about building relationships and asking for referrals,” she explains.

Kim says that the qualities she looks for in potential candidates include:

  • Auction experience, or at least a high degree of interest in capitalizing on the rapidly growing trend of real estate auctions
  • Demonstrated sales accomplishments
  • Entrepreneurial mindset
  • Desire for unlimited income potential
  • Outgoing, positive personality
  • Substantial number of business relationships in the community

A native of upstate New York, who earned a bachelor’s degree in psychology from State University of New York in Albany, Kim relocated to Florida when she met her future husband in Ft. Myers while visiting the area with a friend. She sees first-hand the opportunity available for Realtors who want to embrace auctions as the best way to buy and sell real estate.

“Florida got hit particularly hard and I know a lot of people who had their homes foreclosed on, or who had to short-sale their homes,” she says.

Licensed Realtors who’d like to discuss with Kim the Team Leader opportunities available nationally with RealEstateAuctions.com are encouraged her to send her an email at ktrapani@RealEstateAuctions.com

Permanent link to this article: http://www.realestateauctions.com/blog/auctions/kimberly-trapani/

Apr
26

111 Hogarth Lane, Glencoe, IL Auction: Not Just a House, But a Home

111 Hogarth Lane in Glencoe provided a lifetime of wonderful memories for a family who has moved on. It now waits to fill the same role for someone new.

There are few homeowners who won’t wax nostalgic about their house.  After all, who among us can live, play, work and raise a family without a certain soft spot for the structure that provides us shelter, warmth, happy times and a safe place to lay our heads at night.

But homeowner Sue Gaines is far beyond merely nostalgic about the beautiful custom home of three floors and 13 rooms she’s selling at 111 Hogarth Lane in Glencoe, Illinois.

“This house was full of so much love,” she says simply, emphatically and with no small sense of longing.

111 Hogarth Lane will be auctioned May 19, 2012 at 1:00 p.m. CST on-site in a Minimum Bid Auction. Open houses will be held from Noon to 4:00 p.m. CST Sundays, April 29, May 6 and May 13, and at the same times on Wednesday, May 16.

When speaking about the house with Sue, there’s nary an aspect of life at her home that she doesn’t recall fondly, and she’s convinced that the new owner will also be deeply appreciative of what she describes as the “good karma” of the house. From the home itself to the land it sits on, from the charming street to the fantastic neighbors, from the picturesque village square to the impeccable school district, Sue knows that the new occupants will be happy with their purchase.

“It’s a full lot and the best piece of property on the lane,” she explains.  “It receives wonderful sunlight in the front yard AND the back yard, unlike the other lots.”

The home is bright and open, with ultra-spacious living and family rooms, five bedrooms, five baths, a generously sized kitchen plus an in-ground outdoor pool and hot tub.

One of the bedrooms is oversized and served as a great home office, where Sue ran her successful home health business. “That was a clincher for me,” she says, but notes that a new buyer can easily use that particular bedroom as a master suite or a large play area instead.  From the third floor of the house, where that large room is located, Lake Michigan can be seen.

“The home really allows for privacy. There are so many bedrooms, so many places to go. It has a cozy feeling, yet it’s also very open. Kids just love it. All the neighborhood kids used to love coming here.”

Located in a highly desirable section of Glencoe, east of Sheridan Road and west of the lake, 111 Hogarth Lane is quite close to the beach, the Metra commuter station and the charming village square. Even the drive along the lane approaching the home is delightful.

“Hogarth was formerly a private lane,” Sue explains of the short, narrow and winding street. “Because of its character, it looks so charming. The city paves and plows, but there are no sidewalks and that allows for larger front yards. There are only five houses on the whole block. We’re close to everything, but when you turn onto the lane you feel like you’re in the country.”

Sue, who now lives in Colorado, also speaks warmly of the quality of life in and around Hogarth Lane.

“One of the other things I miss the most are the neighbors,” she says. “We have the most wonderful neighbors. We’re all close, we all look out for each other.”

An additionally compelling reason to consider purchasing 111 Hogarth Lane is the New Trier High School District 203, perennially ranked among the top high schools in the nation. Sue graduated from New Trier, as did her son, Rick, 24, who is currently in medical school and daughter, Natalie, 22, who will soon finish her degree in Speech and Hearing.

“My son said that he thanks me every day for living there,” says Sue.

Visit the 111 Hogarth Lane webpage for more information and be sure to visit during one or more of the convenient open houses mentioned above.

Permanent link to this article: http://www.realestateauctions.com/blog/auctions/111-hogarth-lane-glencoe-il-auction-not-just-a-house-but-a-home/

Apr
19

Shirley Husar

Shirley Husar, Los Angeles-area Team Lead for RealEstateAuctions.com

RealEstateAuctions.com welcomes Shirley Husar as Team Lead in Los Angeles, California. Shirley brings 20 years of real estate experience to her new position, in which she will list property for auction and recruit auction-specialist Realtors® for her team.

“We are forward-thinking and ahead of the game in real estate,” she says about RealEstateAuctions.com. “There is a lot of great product here. Auctions clearly are the next wave that Realtors® should be embracing. We can serve our clients and the banks in a more efficient way.”

Passionate about real estate, her community and life in general, Shirley knew from an early age what her career would be.

“I was meant to sell,” she says with a laugh. “I’ve been in sales since selling candy in school when we were kids. It’s all about servicing people.”

The service aspect of sales, Shirley explains, is a quality that has become increasingly rare in today’s world.

“I’m a strategist, I have a passion for it,” she says. “Real estate is all about having the right strategy, being able to resolve problems for the client.”

Born and raised in the Los Angeles area, Shirley Husar began her career in real estate in 1997 as a sales associate with RE/MAX, specializing in land development.  She studied at the University of Southern California’s Marshall School of Business Lusk Center under the Ross Minority Program in Real Estate (RMPIRE), which focuses on developing skills and expertise to influence the redevelopment process in traditionally underserved communities. After many years at RE/MAX, Shirley left to work for Remerge Real Estate in the Pasadena area, where she specialized in short sales, helping homeowners cope with the deteriorating real estate market. She then became the Senior Sales Manager for the Real Estate Alliance in Pasadena before joining RealEstateAuctions.com.

For almost 10 years, Shirley has been CEO of her own companies, Horizon Plus Development Inc. and Minor John Development Inc., which identifies and evaluates development opportunities.

In addition to her busy real estate career, Shirley is a contributing writer to the Washington Times. She served for more than 10 years as a delegate to the California Republican Party and has also worked for the Republican National Committee. In 2006, she was appointed by Governor Arnold Schwarzenneger as a board member for the Geophysicists and Geologists of the State of California. This independent board protects the public by examining and licensing only fully qualified professionals, taking effective and appropriate disciplinary action against unlicensed activity in areas where geology and geophysics play crucial roles, such as water supply, flood control, waste disposal, emergency preparedness and more.

Shirley has worked with international investors from China, Egypt, India and other parts of the world. She has led a team of more than 80 sales consultants and agents. “I know how to lead, and I’m also a team player,” she explains.

Her specialties include:

  • Real estate auctions
  • Los Angeles real estate
  • Orange County real estate
  • Southern California real estate
  • Accelerated real estate sales
  • Foreclosures
  • REOs
  • Bank owned properties
  • Real estate development
  • Real estate investing
  • Real estate financing
  • Real estate marketing
  • Unsold developer inventory
  • Commercial real estate
  • In-field development
  • Short sales
  • Community development

For more information about joining her team, or about listing or buying real estate via auction, call Shirley Husar at 1-818-279-3079.

Permanent link to this article: http://www.realestateauctions.com/blog/careers/shirley-husar/

Apr
13

Sold! Buford, WY Has New Pending Owner

The town of Buford, WY recently sold at auction for $900,000

What’s the price of an entire town? $900,000 in the case of Buford, Wyoming, elevation 8,000 feet above sea level and population of….one.

Buford was auctioned on April 5, drawing media attention and pre-event publicity from around the world. The new owner (pending closing) is Pham Dinh Nguyen, a businessman from Vietnam who had never stepped foot in the United States until he flew in to attend the auction and ultimately emerge as the winning bidder.

Curiosity surrounded the outcome of the auction because Mr. Nguyen’s name was not revealed publically, at least not initially. Vietnamese media and social networks eventually ended speculation and intrigue about the identity of the town’s new owner.

According to the Associated Press, Mr. Nguyen runs a trade and distribution business in southern Ho Chi Minh City. He says that although he is not sure what he intends to do with the town he now owns, he expects it to serve as an outlet for items made in  Vietnam. He told his country’s government-controlled media “Frankly, I just see Buford as part of the United States. A large and potential market for Vietnamese goods. Buford is likely to be the showroom for such goods.”

Mr. Nguyen put $100,000 down at the auction and has 30 days to close the deal. Because of laws and red tape in Vietnam that require government approval for ownership of land outside the country,  as well as a license to transfer money abroad, Mr. Nguyen reportedly has relatives in the United States who are assisting him with the purchase.

The tiny community he bought is located along Interstate 80 between Laramie and Cheyenne and is reported to be the oldest town in Wyoming. During the construction of the transcontinental railroad in the mid-1800s, Buford had a population of as many as 2,000 people but the railroad eventually was relocated and the population dwindled. Don Sammons, the owner of Buford until Mr. Nguyen closes, moved to Buford from California in 1980 with his wife. Together they had a son and Mr. Sammons bought the town in 1992, which basically consists of a convenience store/filling station, about 10 acres of land and a few miscellaneous outbuildings. His wife has since passed away, his son has moved elsewhere, and at 60 years of age Mr. Sammons, as the sole remaining resident, decided to retire and move on.

The auction was handled by Williams & Williams.

 

 

 

 

 

 

Permanent link to this article: http://www.realestateauctions.com/blog/auctions/sold-buford-wy-has-new-owner/

Apr
03

Efren Del Rio

Efren Del Rio, Team Lead and California State Broker, Real Estate Auctions.com

Joining RealEstateAuctions.com as a Team Lead and broker for the State of California is Efren Del Rio, a long-time industry veteran based in Los Angeles.

Efren recruits and trains Project Managers for his team who are responsible for bringing all types of properties to auction. He also handles California licensing responsibilities for the company. In addition to recruiting, training and leading his team of Realtors, Efren lists properties for auction from developers and lenders as well as properties from individual owners. “I think the real estate auction concept is great,” he says. “I know that the market always changes, and let’s face it, this is a national dilemma. We’re back to 2002 prices and the banks need a way to bring these properties to market.”

Efren worked for the postal service in the 1980s until his life changed due to an injury and he chose to pursue a new career.

“I got hurt, I blew out my knee,” he explains, “and I decided to get my real estate license. I started as a lender when rates were really high and I was still able to originate 10-15 loans a month.”

Efren transitioned to real estate sales in 1998 and has seen plenty of ups and downs during his career.

“I went throught the first real estate foreclosure cycle in 2000-2001,” he says. “When times were good any (sales)person could write a contract, but when times get bad it requires creativity and discipline.”

A self-described workaholic, Efren Del Rio has sold real estate in Orange County, then Arizona, and eventually returned to his stomping grounds of Los Angeles County were he began working with REO managers and asset managers. “I learned how to sell and I haven’t looked back,” he says. Currently, in his new role with RealEstateAuctions.com, Efren lists properties and explains all the potential benefits to sellers for real estate owners considering using an auction.

Indicative of his personal and professional pursuit of higher achievement, Efren paid his way through college at UCLA but withdrew a few credits short of graduation when his first son was born. Years later he enrolled through the UCLA Extension program and completed his degree. Currently, Efren has been contacted by the USC School of Business as a scholarship candidate to the Ross Minority Program in Real Estate, a set of intensive, comprehensive educational programs designed to provide urban entrepreneurs and professionals with the technical expertise and industry relationships needed to develop urban real estate projects in their communities. The Ross Program was founded in 1993 and is the only one of its kind in the nation.

Efren speaks English and Spanish fluently. His professional specialties include:

• Real estate auctions

• Los Angeles real estate

• Orange County real estate

• Southern California real estate

• Accelerated real estate sales

• Foreclosures

• Foreclosure services

• REOs

• Bank-owned properties

• Real estate investing

• Real estate financing

• Real estate marketing

Unsold developer inventory

• Distressed assets

• Asset management

For more information about joining his team or about listing or buying real estate via auction, call Efren Del Rio at 323-481-3598.

Permanent link to this article: http://www.realestateauctions.com/blog/careers/efren-del-rio-2/

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