Elevate Your Property Sales with My Expertise and Unparalleled Success in the REO Market
A Realtor is a professional who specializes in real estate. They help people buy, sell, and rent property. Realtors can also provide advice on home financing, mortgages, and other related topics. I’m here to assist you with your REO needs!
If you are looking for a Realtor to help you with your asset management needs, then it is important to find one with the right experience to help you.
It takes a good Realtor with the knowledge and understanding of how to manage the asset the moment that the asset becomes a REO( Real Estate Owned) property.
In the following paragraphs we are going to review why its important to have the right Real Estate Agent on your team and why you should consider hiring me as your REO (Real Estate Owned) Agent Today!
What is an REO?
An REO, or Real Estate Owned, is a property that has been foreclosed on and is now owned by the bank. The bank will often list these properties with a Realtor.
It is the Realtors job to manage the bank owned property and make sure that the wishes of the asset manager are carried out.
If you are buying a REO(Real Estate Owned) property then it can create a advantage to you because you can typically pick up a property in the market at a decent price if the bank chooses to list the property “as-is”.
If you’re thinking of buying an REO (Real Estate Owned), make sure you understand the pros and cons of this type of property. As a buyer, you’ll want to know what repairs may be needed on the property and if any liens are attached to it. If you’re looking for a one-time investment opportunity, consider finding an REO(Real Estate Owned) that is currently listed for sale.
The Process of an REO Sale and How it Differs from a Traditional Sale
The process of an REO (Real Estate Owned) sale is not the same as a traditional sale. A regular homeowner is not the owner of the property, but rather a bank or mortgage company. In this type of sale, the buyer has to follow the banks instructions that are typically attached as a Addendum to the contract that spells out the additional things the buyer most know about the Real Estate Owned property before they can close on their purchase.
While an REO(Real Estate Owned) sale can be complicated for buyers, it does have some advantages. For example, in these transactions, banks usually offers average to lower prices than what’s available in traditional sales. And because banks have a typically time frame to sell the property than private owners, they will often review all offers that are received.
What REO Services Do You Provide & Why Should We Consider Hiring You?
So you want to know what REO Services do I provide. One of the things you should know is I have been in the REO business for over 14 years. Have had handle properties for different companies and I have used different platforms.
When you are dealing with a Real Estate Agent for your REO(Real Estate Owned) Assets needs you need a Real Estate Agent who can get your results.
The goals is to make sure that we get the best price for the property and turn the property around in a timely manner.
What are the Keys Services you provide?
| Service Category | Key Service |
|---|---|
| MMRS | Providing timely and accurate marketing and status reports, including new comparables and showing feedback. |
| Cash for Keys | Aggressive negotiation with occupants to minimize client’s cost and eliminate need for evictions. |
| Eviction Coordination | Cooperate with Sheriff’s Office and oversee each eviction in our service area. |
| Re-Key | Coordinate with contractors to ensure entry locks use client-specific codes and combinations. |
| Securing | Ensure properties are properly secured from unauthorized access. |
| Trash-Out | Manage trash-outs and provide timely inspection results. |
| Repairs and Rehabs | Extensive contractor database with quick turnaround for bids and work completion. |
| Landscaping | Coordinate timely lawn care services with before and after photos per client guidelines. |
| Seasonal Services | Winterization, De-Winterization, Debris Removal, etc. |
| BPO Services | Exterior and Interior BPOs with a 48-hour turnaround time. |
| Contract Negotiation | Offers negotiated using client-specified communication methods and/or portals. |
| Closing Management | Manage pending transactions with updates for smooth and timely closing. |
Can You Tell Us What Is Your Objective If We Hire You To Help Sell Our Real Estate Owned Property
Provide top-notch service, fast sales and get you the best price and terms, and to develop long lasting relationships and secure on going REO (Real Estate Owned) listings from your company on a continuous basis.
Tell Us A Little More About Your REO Experience
| Achievement/Experience | Year(s) Active | Details |
|---|---|---|
| REO Agent | Since 2008 | Real Estate Owned Sales exceeded over $3.9 million |
| Preferred Agent with Integrated Asset Services | 2012-2014 | |
| Chase Preferred Short Sale Specialist | 2012 | |
| Bank of America REO (Real Estate Owned) | 2011 | |
| Average REO Listings per Year | Since 2008 | 60 listings per year |
| Number of BPOs Completed | Since 2008 | 2,100 BPOs |
| Average Disposition Time of Properties | N/A | 60 days |
| Acquisition Agent for Pantlan (Hedge Fund Investors) | 2 years | Evaluations, property inspections, and bidding at auctions |
Conclusion
Managing your Real Estate Owned Asset is a daunting task, but I am here to help. As a real estate agent with years of experience, It is important to have the right tools and resources in order to make informed decisions.
Let me know if there is any way that I can help you with your real estate needs. Feel free to contact me or give me a call!