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For REO Asset Managers
Click Here for 15 Reasons To Hire Wendy Washburn for Your REO/BPO Service...
Being a REO Asset Manager can be a difficult job, you deal with hundreds of properties at a time yet each and everyone is an emergency that needs your immediate attention. I 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 in the real estate market. I am happy to do my part and be of assistance in any way I can.
Specific Services and Designations
- Licensed Experienced since 1988 - In-depth experience in single family homes (including condo's and townhomes), short sales, foreclosures, bank owned properties, custom homes, investment properties, and new home construction - 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 - Years of Title and Escrow experience - Full-time Realtor - Access and use the most efficient up-to-date technology - Highly skilled at negotiating - Extensive research for accurate market valuation - Employ, if needed, only top-notch roof, chimney, termite and home inspectors; and recommend additional inspections if warranted - Vast inspection experience and knowledge that leads to the most sound transaction decisions - Knowledge of construction and repairs so that I can keep my client educated and involved to make the right decisions for the transaction, if needed - Personally involved and present during the inspection process and sellers disclosures so I can discuss all reports or anything that is of concern relating to the transaction with the client - Follow up to make sure that all repairs are done correctly before close of escrow, if needed - Top-notch vendors and escrow staff to assist me (and You!)
Memberships/Affiliations
- REOTrans - National and California Association of Realtors - Bay East Association of Realtors MLS (Alameda and Contra Costa counties) - METROLIST MLS (Stanislaus and San Joaquin counties) - Re-Infolink MLS (Santa Clara county)
Asset Valuation:
- BPO - thorough knowledge of our local area and the experience and completing hundreds of transactions to help 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 - Broad Spectrum Marketing: * MLS Listing * Property signs * Open houses * Property tours * Internet Marketing * Marketing meetings property announcements * Large customer base
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 I can be of assistance with please call Wendy Washburn at 925-580-5793 or email wendy@wendywashburn.com
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