Asset Managers - I feel your pain…
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!
Connor MacIVOR
RE/MAX of Santa Clarita
Directions to our Office
Paris MacIVOR
RE/MAX of Valencia
We have ways to do the Hunting for you when it comes to Foreclosures and other distressed properties. Our Search Engines are Top-Shelf and enable you to search for Real Estate as Agents do. Try Searching by MAP and Let us know how this suits you. Subject Matter and Active Rain Experts.
Good Neighbor Next Door Program by HUD - Register Now.
We are looking forward to earning your Trust First and then Your Business - The Paris911 Team
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November 9th, 2008 at 12:52 am
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