The genius minds at REO Pro Corp. have come up with a game-changing service for the Real Estate Owned property industry. This time, they have gone completely technical, and are currently offering a new Software-as-a-Service (SaaS).
Wilmington-Newark, DE-MD (OPENPRESS) The genius minds at REO Pro Corp. have come up with a game-changing service for the Real Estate Owned property industry. This time, they have gone completely technical, and are currently offering a new Software-as-a-Service (SaaS). They call it REO Pro. It is a new platform built on sophisticated technology which connects Real Estate Agents to lenders and asset managers, while at the same time offering customer service and support.
Many Real Estate agents are weary of REO property due to a myth that the property is more trouble than it is worth. Lenders seek out REO Agents to deliver BPO's as well provide upkeep and eventual sale of the home. Since the housing bubble burst in 2009, REO has suddenly become a worthwhile investment of Real Estate Agents' time and efforts.
At the same time, smaller banks have been struggling to deal with REO property's. Because of the recent industry downturn, these small banks have been flooded with REO property's and cannot keep up with their eventual dispositions. Larger banks have mitigated their troubles due to their ability to set-up entire departments dedicated to REO. So, while the big banks chug along, small banks are looking for asset management companies to provide connections to REO agents, and services to keep the properties in proper condition leading to the eventual sale of the property.
REO Pro solves all of these problems with one new service. They have complied all of the requirements of REO properties into one easy-to-use platform. Not only does it work as a communication tool between agent and lender, but it has numerous features that provides simple invoicing, image uploading, bidding, and check lists for improvement.
All in one glance, a bank manager can have a concise snapshot of all REO properties, their status, and the bottom line. At the same time, lenders of all sizes can utilize REO Pro's customer service to find an agent in the area of the foreclosed home. The agents are already a local expert, familiar with the area, and ready to use REO Pro's tools to help the lenders with their REO needs. It is the total REO management tool for the entire vertical.
For more information on REO Pro, visit their website at http://reoprocorp.com
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