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CREOBA - Event Information


Event Name:Live Certification Courses-Rancho Mirage
Description:Commercial REO Training Program and Luncheon
Event Date:04-14-10
Event Time:09:00 AM - 05:00 PM PST
Location:Rancho Las Palmas
41-000 Bob Hope Drive
Rancho Mirage, CA 92270-4497

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Contact Person:Sara Stebbins
(phone: 805.497.6939)
Event Registration:
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04-14-10
Details:9:00-12:00 Commercial REO 201- Small Cap Asset Management
Course Info: This course provides the Broker with a detailed look at the life cycle of the REO assignment. A clear description of the mechanics of the process as well as the detailed duties and responsibilities of the listing broker will provide the participants with a clear understanding of their role in the transaction. Reviewing the tasks from the REO Asset Manager’s perspective will equip the broker with the skills needed to position themselves as a valuable resource and become the preferred listing agent for their market and area of expertise.
Instructor: Miguel Peña - Miguel Peña is a Commercial REO Asset Manager with one of the nation’s primary special servicer and seller of commercial REO assets. Miguel is responsible for managing a portfolio of almost $40 Million in small balance commercial REO properties.
12:00-1:30 Buffet Lunch - Guest Speaker
1:30-4:30 Commercial Short Sales
Course Info: We start by addressing the general understanding of the Short Sale transaction:
Why do this, What is the benefit, How does it help? From here we progress into breaking down the transaction, the Seller, the Package, the Price and the Property.
We finish up the course with ways of finding Short Sale properties that can be sold in today’s real estate market.
Instructor: Sherman Smith-Owner/Broker of Sherman Smith & Associates, Sherman Smith has been selling real estate in Orange County since 1978. In the 31 years Sherman has sold over one-quarter of a billion dollars of real estate. Sherman Smith is a leading teacher in the listing, marketing, and negotiating of Short Sale real estate. As an agent, broker and teacher, Sherman has taught thousands of agents how to list, market, negotiate and close Short Sale properties. From a small condo to a multifamily complex or a commercial shopping center Sherman has done them all.
As a teacher Sherman has taught Short Sale Classes for Boards of Realtors, Real Estate Associations, Major Real Estate Companies, and private organizations. He has also authored several papers on the subject including his famous ~Short Sale Suicide, Why Most Agents Kill Their Own Deal!~ You can find more information at www.shermansmith.com
$495 CREOBA Members
$595 CREOBA Non-Members
Links:Hotel Link



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