Long Beach Real Estate-Long Beach Condos

Yesterday I had to make a trip to the Long Beach satellite office of the Pacific West Board of Realtors®.  It is a very large room with 2 work stations manned by 2 very knowledgable and helpful staff members. 

While both of them were busy helping myself and another Realtor® another agent wandered in and started looking around.  She pondered the above pictured signs for awhile then asked "Do you have a Bank Owned sign?"  and pointed at the "Bank Repo" sign and asked: 

"Is that the same thing? Does it mean the same?"

I just sat there with my head in my hands!

Duh!