Home is owned by bank but not listed anywhere?!?! What can I do?

[Shalan Winter]

So I keep finding vacant houses and 2 are owned by banks, one Wells Fargo and the other is Chase. Wells Fargo has been owned for over a year, I contacted them and they said I have to wait until a listing agent is assigned and then offer once it is listed. So my question is, can i expedite that process in any way and talk to anyone in particular who can allow me to negotiate directly with the bank or do i really just have to wait forever until it gets listed? I would think if I could mange to speak directly with who is in charge of that it'd be easier for me to make my cash offer to them, for them. 

[Jeff Morelock]

I'm an REO agent. The short answer is that banks are not letting listings go active in areas over-saturated with active REO listings. If they do, prices will drop again.