National REO Brokers Association
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Bob Hagmann

West Islands Realty



HUD Housing Counselor
About

I work and live in South West Florida which is on the Gulf. I love it !! I'm more of an outdoors person and there is Sooooo much to do in my area. Like most people getting into the Real Estate industry, I struggled a bit to find where I fit. I found the Default Servicing/REO business best fit my personality in the mid 90's and have been specializing in it ever since. It's more about finding solutions and solving problems. The rest will pretty much all fall into place.

Additional Locations
Services

Property Inspections, Relocation Assistance, BPO's, Short Sales, My Hud Housing Counselor ID# is FL4768610

Specialized Services

REO & Bank-Owned Property Services

Professional asset management services for lenders, servicers, and institutional investors throughout Southwest Florida. Specialized expertise in distressed property disposition, BPO services, and court-compliant documentation.

Key Capabilities:
  • Asset management and property preservation oversight in Lee County and Charlotte County
  • Broker Price Opinions (BPOs) with detailed market analysis
  • Streamlined marketing to investor networks throughout Southwest Florida
  • Specialized handling of unfinished construction projects and spec home foreclosures
  • Court-approved documentation meeting institutional standards

Current Market Expertise: Tracking the significant shift in Southwest Florida foreclosure auctions from 96-98% third-party purchases back to 50% plaintiff ownership, creating new opportunities for strategic asset disposition.

Probate Real Estate Services

Court-qualified expert witness services and comprehensive probate real estate support for estate attorneys and families navigating property sales in Southwest Florida probate courts.

Professional Services:
  • Expert witness testimony for property valuation and market analysis in Lee County, Charlotte County, and surrounding jurisdictions
  • Court-compliant documentation and detailed property reports for legal proceedings
  • Comprehensive estate property assessments with market analysis
  • Professional coordination with estate attorneys and probate administrators
  • Specialized handling of complex family situations and contested estates

Court Experience: Over 20 years of probate court appearances and expert testimony throughout Southwest Florida, with proven track record of reliable documentation and professional witness services.

Vacant Land Specialist Services

Expert knowledge of Southwest Florida's development cycles, connecting out-of-state landowners with local builders and investors through strategic market timing and targeted outreach.

Specialized Expertise:
  • Cape Coral development cycle analysis and unit-specific market knowledge
  • Direct mail campaigns to out-of-state property owners throughout Florida
  • Established builder networks and investor relationships in Lee County and Charlotte County
  • Development timing strategies for boom-bust cycle optimization
  • Tax delinquency research and strategic outreach programs

Market Intelligence: Deep understanding of Cape Coral's current transition from boom cycle to strategic positioning for the next development wave, expected in 3-4 years based on historical patterns.

Coverage Area
 

Licensed Real Estate Broker | Southwest Florida Specialist

I  bring over 20 years of specialized expertise to Southwest Florida's most complex real estate markets. As the owner and broker of West Island Realty, I have strategically focused my practice on three high-expertise areas: REO properties, probate real estate, and vacant land sales throughout Lee County and Charlotte County.

After successfully operating a full-service brokerage for over a decade, I made the strategic decision to transition to a boutique firm specializing in markets that demand deep expertise rather than broad coverage. This focus allows West Island Realty to deliver institutional-quality service with the personal attention that comes from true specialization.

Market Intelligence: We actively track Southwest Florida's unique market dynamics, from Cape Coral's development cycles to foreclosure auction trends shifting from third-party buyers back to plaintiff ownership. This intelligence directly benefits clients whether they're asset managers, estate attorneys, or property owners.

Professional Philosophy: "Real estate isn't about generic service—it's about understanding the specific market dynamics that impact your transaction. That understanding only comes from years of focused experience in specialized areas."

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