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REO
REO Outsourcing
REO.com can provide full-service REO Management or a Broker Referral Service using our in-house local marketing expertise or by outsourcing to our experienced national broker / agent network.
Benefits
- Single point of contact that employs focus with dedicated team using systematic approach
- We employ marketing strategies to maximize exposure, generate the highest resale price and timely sale
- Our technology platform manages and tracks portfolios, pinpointing action required to sell property
- We offer an onsite employee as part of a comprehensive outsource solution to assist in the management of a portfolio of REO properties
- Increase staffing efficiencies by outsourcing
- Customized approach and pricing available to meet specific needs
Broker Referral Service
REO.com offers clients a menu of REO Services including our Broker Referral Service and provides access to our national network to help you meet your needs:
- Locate and qualify broker with REO expertise
- Provide reference checks prior to assignment
- Review instructions and manage communication with broker/agent
- 24 hour 7 days a week Broker/Agent support line
- No processing fee to clients
Rather than imposing our system, InformationLogix provides custom solutions that meet your needs.
Full Service REO Management and Disposition
InformationLogix offers a single point of contact to provide a comprehensive turnkey solution from assignment to close of escrow.
Assignment and Vacancy
- Confirm occupancy within 24 hours
- Nationwide Attorney Network
- Coordinate eviction and/or cash for keys
- Personal property storage and management
- Nationwide Property Preservation and Protection
- Manage approved maintenance and rehabilitation repairs
- Nationwide Broker and Appraiser Network
- Provide complete Marketing package within 10 days including valuations and repair bid recommendations
Listing and Sale
- Provide national marketing exposure to prospective buyers
- Customized inventory tracking and strategy updates
- Web based listing, offer and counter offer management platform
- Offers presented accompanied with loss/gain net sheet
- Complete contract administration
Closing and Accounting
- Manage sale process to insure on-time closing
- Nationwide Title and Attorney network coordination
- Provide consistent, complete, and accurate transaction accounting and paperwork
- Complete loan settlement and reconciliation management
- Submit final invoices within 30 days of closing
Reporting
- Provide monthly reporting for all properties including:
- Total number of days in inventory
- Number of days from assignment to vacancy, list, sale and close
- BPO price to list and sale
- List price to sale price
- Develop custom reports as requested by client
Utilize our hard working, technologically savvy people, system and approach to thoughtfully solve the challenging disposition of REO properties anywhere in the nation.
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