Stable of vetted REO brokers within proximity of subject property from established nationwide networks
Oversight and management of eviction and redemption processes
Negotiate Cash for Keys program to expedite sales cycle
Oversee property clean out and storage of personal property
Secure residence and re-key access
Order Listing Broker BPO
Order secondary valuation from third party
Accurate reconciliation of all market date to prepare Asset Marketing Plan to include "as is" and quick sale value
Asset Market Plan to include recommendations for required health and safety repairs including hazardous materials
Monitor all sales activity and make necessary marketing recommendations to generate greater sales activity
Diligent review and negotiation of all offers received by experienced REO asset managers within prevue of delegated authority
Full oversight of closing function including contract review within limited POA, title procurement with curative assistance, closing agent coordination and facilitation
Review and pre-approval of HUD-1 settlement statement for accuracy
Online electronic funds transfer to accelerate proceeds dissemination
Creation of electronic monthly report card of broker network to measure performance standards and take corrective action where required
Creation of daily activity reports for management of day to day operation of Asset Manager
Full suite of daily, weekly and monthly monitoring reports to identify strengths and weaknesses by Asset Manager, Broker, asset type, geographic area and several other variables to insure maximum productivity from operation
Daily web-based client access of owned portfolio to include pipeline management statistics for month, quarter and day of acquisition at the pool level
