Michael Ferketich
Phone:
925-453-3472
Mobile:
925-989-0290
Toll Free:
888-484-2184

Fax:
925-398-1165
Email
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For REO Asset Managers

Click Here for 15 REASONS Why We Are The REO TEAM for YOU

 

Being a REO Asset Manager can be a thankless job. You deal with hundreds of properties at a time yet each and everyone is an emergency that needs your immediate attention. Having completed countless REO transactions, we have developed a thorough understanding of the market, the tools and the process necessary to successfully close REO transactions in the shortest time-frame possible. These are hard times in our national and the world economy. We must work together to help restore stability to the real estate market. We are happy to do our part and be of assistance in any way we can.

 

What we offer:

 

  • 100% Positive REO Scorecard
  • Property pipe-line management
  • Occupancy status (determined within 24hrs of assignment)
  • Relocation assistance – cash for keys program
  • Eviction coordination
  • Secure property
  • Utility management
  • Weekly property inspection
  • Prepping property for sale (coordinating trash-outs, etc…)
  • Property inspection coordination
  • 24/7 availability if needed

 Asset Valuation:

 

  • BPO – thorough knowledge of our local area and the experience of completing hundreds of Broker Price Opinions, help to determine an accurate market price.
  • Appraisal coordination
  • Repair Analysis – weigh cost and time needed for value added repairs vs. holding costs to determine if repairs are warranted.

 Marketing:

 

  • Professional, experienced property marketing. Currently 44 days average marketing time.
  • Broad Spectrum Marketing:
    • MLS Listing
    • Property signs
    • Open houses
    • Property tours
    • Internet Marketing
    • Marketing meetings – property announcements
    • Large customer base
    • Dedicated property info line

 Offer Management:

 

  • Pre-qualify potential buyers
  • Promote & manage competing buyers to obtain the highest offers
  • Advise REO company of all offers
  • Help direct & promote loan business for the bank owner of the asset, if applicable
  • Thorough communication between all parties, throughout the process to minimize downtime and loss of buyer.
  • Keep backup offers online as long as possible.  

To request a BPO, assign an REO property or anything else we can be of assistance with:
call: 1-888-484-2184 or email info@DMTHomes.com