Frank Sottile

Agent Profile

I've listed and sold bank-owned property for 25 years. During the 2007 to 2012 foreclosure cycle I was listing and selling more than 90 properties a year, which means I've already worked the full REO process at volume: occupancy checks, cash-for-keys coordination, trash-outs, rekeys, winterizations, BPOs, repair bids, platform reporting, offer management, and closing on the timelines asset managers are held to.

Today my practice is focused on Lake Arrowhead and the surrounding San Bernardino Mountain communities, including Crestline, Twin Peaks, Running Springs, Blue Jay, Cedar Glen, and Rimforest. This is a specialized market. Values can swing sharply from one street to the next based on lake rights, access, slope, snow exposure, views, and insurability, and an agent who doesn't work here every day will misprice a mountain asset. I identify condition issues early, frame repair-versus-as-is decisions with real numbers, and address insurability with buyers up front so it doesn't derail an escrow.

Agent Team Contact Matrix

Office: RE/MAX Lakeside, 27169 Highway 189 #1, Blue Jay, CA 92317

Current REO Clients

Asset manager reference available upon request.

Experience & Affiliations

Market Overview: Lake Arrowhead & Mountain Communities

The mountain market ran hot during the pandemic years. Historically low mortgage rates combined with the new ability to work from anywhere pulled a wave of buyers up the hill, and pricing rose quickly. That demand has since normalized. Mortgage rates are roughly double their pandemic-era lows, and both price and sales volume have softened across Lake Arrowhead and the surrounding communities.

Insurance is now a central factor in every mountain transaction. Many homes here rely on the California FAIR Plan paired with a separate difference-in-conditions policy. The FAIR Plan's average 29.1% rate increase applies to new and renewal policies effective October 15, 2026, and properties in high wildfire-risk areas can see steeper increases. Recent regional events, including the Line Fire in 2024 and the severe 2023 snowstorms, have kept both buyers and carriers cautious.

Current Listings

Recent Closed Transactions

Property Preservation & Repair Vendor Network

Local contractors I work with and refer regularly across Lake Arrowhead, the surrounding mountain communities, and the High Desert.