Asset Managers - I feel your pain…

November 6th, 2008 reoengine Posted in Asset Managers, REO Agent Resume, Uncategorized 1 Comment »


Tough Job - I understand the role of being a Police Officer for more than 17 years with the Los Angeles Police Department, I was full time and still remain a full line reserve officer, teaching Firearms/Tactics.

But since the Real Estate market has changed to become fed by Foreclosures and those defaulting on their loans, you can look everywhere on line, where we posted our Resume’ as being able to handle the banks and investors assets with the marketing of their foreclosures, and see that there is a huge call for Asset Managers, Senior Asset Managers, Eviction coordinators and pre-marketers.

We are tied with a few banks in the handling of their assets.  I have spoken with a lot of different folks from those different titles and have had both positive and negative experiences.

Asset Managers and even Senior Asset managers answer to someone.  They have a tough job - as do the Eviction coordinators and pre-marketers.  All are over whelmed and given more work daily.  No matter what their current workload, it seems to continue to be increased.  The banks and investors are attempting to maximize on their shareholders profits so we know where the squeeze takes place.  Our heart goes out to those in these positions, they are some of the hardest working in the Banking Industry.

On the other hand, you have the “arrogant” REO Agent, that is going to talk down to the asset managers and attempt to tell them how it is going to be.  “I’m sorry, since when do be bite the hand that feeds us?”  The REO Agent needs to take some of the work and stress from the Asset Managers, Pre Marketers, and the Eviction Coordinators by becoming a Responsible and Accountable Entity in the Foreclosure Game and not another “problem”.  However, some of the time they are not alleviating stress, but adding to the stress that is experienced by the Asset Manager.

We understand this, that is why we do our due diligence to make sure that we are covering all of our bases.  We also do not take any of the Asset managers for granted and get back to them in priority fashion.  If they pose a question, it is written that we are to respond within 24 hours.  It is my drive, as The Paris911 Team Leader, to have that cut down to a mere 24 minutes. If not in 24 minutes - Very soon Indeed.   I know how it is to need an update or something done sooner than later.  Why not get it done so the Asset Manager can move on to some other task.

Everyone answers to someone - I want to be, and we are, the types of Agents that are not ball droppers and make sure that our Asset Managers, pre marketers and eviction coordinators know that they are appreciated and they are constantly reminded of us being thankful for the relationship.  We don’t want to be another Stress in your already difficult and demanding job - But a Vindicator of sorts to help the process become something that gives you the confidence to persevere in your other tasks without having to worry about your agent not doing their JOB!

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RE/MAX Asset Handlers

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Resources for Asset Managers and Regular Sellers and Their Listings

October 15th, 2008 reoengine Posted in Asset Managers No Comments »


We have been in the Real Estate Game since the mid 1990’s and have seen a few different trends when it comes to how Agents pitch themselves at Listing Presentations and even to attempt to secure a REO account.

What we do it provide proof of what we say and do.  How we advertise and by getting Results - We are able to have the Seller, whether a Bank or Regular, verify what we have done and see what kind of Internet based results are associated with their property.

Does it stop with the Internet?  No, but I will tell you that over 80% of those looking for homes do so on the World Wide Web.  The agents need to adjust with the needs of the buyers - The instant gratification and the fact that the buyers are not as uneducated as the agents wish them to be.  There is a huge amount of information on this Box and I would say that we have that end covered as well.

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