One Call Does It All!
Corporate REO Asset Recovery Services
Single Source Accountability
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Prudential Kathy Reid Realty houses one of the most respected corporate and REO asset recovery services departments in northeast Ohio. Our team enjoys a unique marketplace position by operating as a totally in-house entity.
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We offer “single source accountability” from our team with vast corporate and foreclosure marketing experience and a results oriented organization with the ability to get the job done cost effectively and promptly.
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We have relationships with other professional networks including corporations, auction companies, appraisers, brokers, attorneys and mortgage affiliates which give us the ability to service your inventory nationally. Through these resources, we can help develop a mutually beneficial and extended relationship with your organization.
The Team…We Deliver Rock Solid Results!
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Our Corporate Services Division derives market assistance from agents trained in corporate and REO asset recovery services. The staff is comprised of experienced, licensed professionals with the highest standards and expertise to be found in the real estate field today.
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Property specialists manage geographically specific territories to ensure utmost proficiency in all markets, while our client relations specialist have the technical expertise and detail orientation to minimize conflict and costs during the closing process. The property management specialist compiles and maintains all expense related data for each client’s inventory.
Menu of Services
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single source accountability and point of contact—One call does it all!
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commitment to your corporate and REO asset management and disposition needs
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Extensive pre-listing market analysis and drive-by appraisals
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updates and in-depth acquisition reports
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customized monthly status reporting
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re-keying/securing/clean-outs/repairs/conditioning of properties
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vendor management of licensed subcontractors, all of whom are required to maintain both liability and workmen’s compensation insurance
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uniform procedures for competitive bidding
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utilities transfer/coordination
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systematic media advertising
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creative and innovative marketing campaigns
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individualized direct marketing targeting potential buyers, businesses, agents, investors and communities
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consolidated monthly expense billing with itemized property invoices
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provision of current and historical data and projected trends in the real estate market
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aged inventory review by management
We deliver what others promise….with a proven track record!
Award winning services—low BMA/BPO price variance to sale, low cost of sale, low market time, and high customer satisfaction—are our hallmarks in successfully closing thousands of corporate and REO transactions.
