The Orlando Foreclosure Expo Feb 7th & 8th 2009
Debut of Orlando Foreclosures Expo
moved from November 15-16 to February 7-8
Orlando – The foreclosure crisis continues to affect everyone from homeowners and mortgage brokers to real estate agents and communities, especially in Central Florida. In fact, many real estate professionals are so negatively impacted by the sluggish economy that they have either moved to another profession or they cannot pay their membership dues to the Orlando Regional Realtor Association along with MLS fees. Because of the slower economy and the current issues affecting real estate agents, organizers of the first-ever Orlando Foreclosures Expo (www.foreclosuresexpo.com) have changed the date of the event from November 15-16 of this year to February 7-8, 2009.
“Orlando area real estate agents are experiencing financial woes, especially this time of the year when they are trying to increase their business and facing ORRA and MLS fees. One well known local brokerage has lost a third of its agents because they could not afford to renew their ORRA fees,” says Phil Peachey, who is the founder of the Orlando Foreclosures Expo. “Since we have received so much positive feedback from real estate professionals who want to participate in the Expo but cannot at the moment, we felt it would be best to postpone the event until February 7 and 8.”
A licensed real estate agent who helps British and international clients buy and sell vacation homes in Central Florida, Peachey started buying and selling foreclosed properties in 2006. He quickly found it challenging to locate available foreclosed homes that are not included in the MLS. This sparked the idea for an event that brings buyers and sellers in the foreclosure industry under one roof.
When the Orlando Foreclosures Expo take place on February 7-8 at the International Plaza Resort & Spa, it will bring everyone from real estate agents and brokers, real estate attorneys and REO department representatives from banks to lenders, investors, wholesalers, builders and others in the foreclosure industry to the International Plaza Resort & Spa. The Expo will also allow homeowners in danger of foreclosure to list their properties and the minimum price they need.
There will be workshops conducted by experts on how to avoid foreclosure and what to do if you are facing foreclosure. The networking among professionals in the industry can lead to immediate transactions and future business, Peachey says.
“The Orlando Foreclosures Expo was born out of the need for people in the real estate industry to promote their services to the public,” Peachey explains. “This will be the first event of its kind where real estate industry professionals and the public can learn about the foreclosure industry, network and links buyers and sellers of foreclosed properties.
“Most people, even real estate professionals, do not have access to foreclosure listings or to the people who regularly buy and sell them. Wholesalers typically offer their foreclosure properties to a very select few. Also, most REO (Real Estate Owned) departments of banks will not deal with the general public,” Peachey adds. “The foreclosure industry has been more like a private club where the public cannot obtain a membership. The Orlando Foreclosures Expo will break down those barriers.”
Peachey says that the Expo has room for as many as 50 vendors. At the moment, 25 vendors have booked booths. The Expo is being sponsored by the Orlando Sentinel, Luxautica and ICEBAR Orlando. Peachey says that rescheduling the event will allow more sponsors to get involved and offer more time to promote the Expo.
For homeowners in danger of losing their homes to foreclosure, the Expo will give them access to a pool of several qualified buyers.
After the inaugural Orlando Foreclosures Expo is held, Peachey plans to organize similar events across Florida in areas like Tampa/St. Petersburg, Miami, Jacksonville and Tallahassee.
“There is undoubtedly a great need for an event like this,” Peachey says. “It will benefit every professional associated with the foreclosure industry, and it will also help those people who are trying to avoid foreclosure.”
###
Media Contact:
Jeff Louderback
407-474-6149
jlouderback@cfl.rr.com
moved from November 15-16 to February 7-8
Orlando – The foreclosure crisis continues to affect everyone from homeowners and mortgage brokers to real estate agents and communities, especially in Central Florida. In fact, many real estate professionals are so negatively impacted by the sluggish economy that they have either moved to another profession or they cannot pay their membership dues to the Orlando Regional Realtor Association along with MLS fees. Because of the slower economy and the current issues affecting real estate agents, organizers of the first-ever Orlando Foreclosures Expo (www.foreclosuresexpo.com) have changed the date of the event from November 15-16 of this year to February 7-8, 2009.
“Orlando area real estate agents are experiencing financial woes, especially this time of the year when they are trying to increase their business and facing ORRA and MLS fees. One well known local brokerage has lost a third of its agents because they could not afford to renew their ORRA fees,” says Phil Peachey, who is the founder of the Orlando Foreclosures Expo. “Since we have received so much positive feedback from real estate professionals who want to participate in the Expo but cannot at the moment, we felt it would be best to postpone the event until February 7 and 8.”
A licensed real estate agent who helps British and international clients buy and sell vacation homes in Central Florida, Peachey started buying and selling foreclosed properties in 2006. He quickly found it challenging to locate available foreclosed homes that are not included in the MLS. This sparked the idea for an event that brings buyers and sellers in the foreclosure industry under one roof.
When the Orlando Foreclosures Expo take place on February 7-8 at the International Plaza Resort & Spa, it will bring everyone from real estate agents and brokers, real estate attorneys and REO department representatives from banks to lenders, investors, wholesalers, builders and others in the foreclosure industry to the International Plaza Resort & Spa. The Expo will also allow homeowners in danger of foreclosure to list their properties and the minimum price they need.
There will be workshops conducted by experts on how to avoid foreclosure and what to do if you are facing foreclosure. The networking among professionals in the industry can lead to immediate transactions and future business, Peachey says.
“The Orlando Foreclosures Expo was born out of the need for people in the real estate industry to promote their services to the public,” Peachey explains. “This will be the first event of its kind where real estate industry professionals and the public can learn about the foreclosure industry, network and links buyers and sellers of foreclosed properties.
“Most people, even real estate professionals, do not have access to foreclosure listings or to the people who regularly buy and sell them. Wholesalers typically offer their foreclosure properties to a very select few. Also, most REO (Real Estate Owned) departments of banks will not deal with the general public,” Peachey adds. “The foreclosure industry has been more like a private club where the public cannot obtain a membership. The Orlando Foreclosures Expo will break down those barriers.”
Peachey says that the Expo has room for as many as 50 vendors. At the moment, 25 vendors have booked booths. The Expo is being sponsored by the Orlando Sentinel, Luxautica and ICEBAR Orlando. Peachey says that rescheduling the event will allow more sponsors to get involved and offer more time to promote the Expo.
For homeowners in danger of losing their homes to foreclosure, the Expo will give them access to a pool of several qualified buyers.
After the inaugural Orlando Foreclosures Expo is held, Peachey plans to organize similar events across Florida in areas like Tampa/St. Petersburg, Miami, Jacksonville and Tallahassee.
“There is undoubtedly a great need for an event like this,” Peachey says. “It will benefit every professional associated with the foreclosure industry, and it will also help those people who are trying to avoid foreclosure.”
###
Media Contact:
Jeff Louderback
407-474-6149
jlouderback@cfl.rr.com
posted by Totally Florida Staff at
6:08 AM
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