10 Advantages of Working With The Moeller REO Team
1. Time is Money. We understand that every day matters and we exceed industry standards with same day occupancy checks. Once the property is secure, we obtain a minimum of two bids for initial services and submit a highly accurate Broker Price Opinion within 24 hours.
2. Top Dollar Marketing. We have built a network of investors, first time buyers and most importantly, top notch realtors with whom to market our properties. Our extensive internet marketing reach brings in approximately 7 times as many buyers as traditional methods and 95% of our REO properties currently generate multiple offers within the first 48 hours.
3. Professional Administration. We have a full time CPA on our team who has designed and implemented the industry’s most effective REO asset management process with meticulously organized file maintenance systems and fully transparent accounting practices.
4. Property Security. While many other REO assets look like they’ve been deserted for years, we inspect our assets twice a week, rotating the day and time each week. We post notices, remove door debris, check windows, secure doors and take current pictures for our files.
5. Property Preservation. We have carefully screened our initial services and contractor partners. We personally inspect every job, every time and hold our contractors accountable for fair pricing, quality work and property security.
6. Communication. The sad reality is that most REO agents are too busy, buried or bothered to communicate effectively with their Realtor partners. One of our core company values is to return all telephone calls and emails within one business hour.
7. Selecting The Right Offer. The key to closing escrow on time is to work with the best offer to begin with. We evaluate the strength of every offer we receive, calling both the buyer’s agent and their lender to determine the qualification and sincerity of each buyer.
8. Staying On Track. We take responsibility for both sides of the transaction by contacting the buyer’s agent and lender twice a week to ensure that inspections, applications, appraisals, underwriting, disclosures and all details of the escrow process are on track.
9. Local Laws. Many of our clients are based in states other than California. As such, we understand it is our responsibility to communicate information about city, county and state laws, rules and regulations as it pertains to REO property including, among other issues, evictions, abandoned property, required disclosures and the registration of bank owned and/or vacant properties.
10. Keeping It Real. The bottom line is that we are an easy-going, yet highly efficient team who understands what it takes to get the job done, saving our clients time, money and frustration.