Kristen Conti co-author of Default Industry Leaders’ first edutainment book about foreclosures and the Real Estate Owned (REO) industry has earned the ranking of No. 1 bestseller and No. 1 Hot New Release upon its debut in multiple categories. These include Real Estate Sales and Selling, Economics Development and Growth, Economics Urban and Regional, and Econometrics.
Default Industry Leaders Authors in order of chapters include Kristen Conti, Lana Cook Detro, Alyson Silverman, Kimberly Brunson, Tammy Seymour, Jennifer Patnode, Louis Fontaine, and Brandy Nelson.
Conti contributed her chapter “Hurry Up and Wait” to the project. She also wrote the Introduction, Prologue and Epilogue and kept the project on track.
“It was very important that we release the book at the appropriate time. With the post-pandemic demand for housing driving prices upward, no one was thinking about foreclosures. Now with the sharp changes, we are seeing in the market, all eyes are on the future of foreclosures.” Conti said.
Conti is joined by co-authors Lana Cook Detro, Alyson Silverman, Kimberly Brunson, Tammy Seymour, Jennifer Patnode, Louis Fontaine, and Brandy Nelson.
“Foreclosure Tails: A Day in the Life of a REO Broker” is designed to be both educational and entertaining with real stories and adventures from each of the authors.
The entertainment chapters in order of appearance include “Hurry Up and Wait” by Kristen Conti; “Hoarding, Haunting, and Dead Man Walking” by Lana Cook Detro; “Nine Cops Guns Drawn, 8 Chickens A-Laying, 2 Evictions and a Partridge in a Pear Tree” by Alyson Silverman; “How to Win Friends and Influence Foreclosured Home Buyers in Today’s Marketplace” by Kimberly Brunson; “Tails of the Wild” by Tammy Seymour and Jennifer Patnode; “Someone Has to Clean Up the Mess” by Louis Fontaine, and “Challenge Accepted” by Brandy Nelson.
The educational chapters include market updates for each location represented by the authors, client testimonials, and a glossary of default industry real estate terms.
About Kristen Conti
Kristen Conti has been a Realtor since 1993 and works side by side with her husband Dave who joined their business in 1995. She currently owns and operates Peacock Premier Properties where she and her team serve Charlotte and Sarasota Counties including Little Gasparilla, Palm, and Don Pedro Islands. Boca Grande in Lee County is also a specialty. All of these are on the Southwest Coast of Florida. While her passion now is in the development of her team and seeing them succeed, she and Dave still handle all their bank clients and referrals personally. Their expertise and trustworthiness over the last 29 years have given them a business that runs 91.5% by referral. They love their hometown of Englewood Florida and are always giving back to charities and their community.
State of the Market in Southwest Florida
“Here in Southwest Florida along the beautiful Gulf Coast, we are seeing a lot of changes in the real estate market due to interest rate increases and decreased buyer demand,” said Conti.
“While we are not yet experiencing substantial price reductions, we are seeing regular arms-length transactions with buyers who are using mortgage financing being able to bid on properties with normal terms. They are able to request inspections and appraisals as opposed to having to waive those over the last two years.”
Conti added, “Where we are seeing significant changes is regarding new construction sales. Builders are offering significant incentives to help buyers buy down their interest rates or cover closing costs. Last week I was able to get some customers from my home state of RI a $25,000 price reduction on a spec home and $15,000 toward closing costs and prepaid items. The home will be ready in January of 2023.“
“Builders who were either removing Realtors from the process altogether or paying very low commissions are now reaching out to invite us to parties and offering bonus commissions,” Conti said.
“The wild card here is something often referred to as a Black Swan event created by unpredictable events such as a pandemic, war, and other conflicts,” she said.
About Default Industry Leaders
Default Industry Leaders is a non-profit organization. Any proceeds from this book will be donated to charitable causes. The purpose of the group is to support other REO brokers, to open the doors to newer agents who may wish to break into the default segment of the market but have been denied access, and to market Default Industry Leaders effectively to potential clients and the buying and selling public.
Features and benefits of DIL for Professionals:
- Nationwide networking with the most experienced REO/Default Realtors at all conferences, gatherings, and events.
- Several proprietary (in-house) networking events give you a chance to interact with REO vendors and decision-makers.
- Exposure to our Agent Directory (which can also help your online SEO presence)
- Interaction with REO/Default leaders on our website and Facebook Group.
- Our website and Facebook page will give you the ability to stay on top of all breaking news related to REO/Default.
- Help contribute to our many charitable causes to feed the hungry, help women’s shelters, donate to disaster-stricken areas, and take care of our soldiers.
Learn more about Default Industry Leaders.