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Jim Maloof Realtor has the exclusive right contracts for the property preservation and listing activity of over 8 million dollars worth of bank-owned real estate for some of the country’s largest banks. The marketing of a REO property is often more urgent and complex than the sale of a typical owner-occupied home. These properties are often times in need of rehabilitation, and always need constant maintenance and supervision. Jim Maloof Realtor has the in-house tools to address these needs.
Jim Maloof Realtor efficiently manages and sells REO assets for a wide range of corporate clients. Our success in this area has come from reducing costs and staff time in managing REO properties. Fast response times to initial inspections, BPOs, and routine communication increases productivity and significantly reduces the market time of an REO asset.
We offer a comprehensive set of services to successfully liquidate these properties:
Working with numerous REO asset managers, Jim Maloof Realtor is continually outperforming other REO sales channels. Our average days on market counts for REO listings are far lower than market averages for our competitors, but it is primarily our responsiveness that has earned us a long list of glowing references. If you are an asset manager interested in utilizing Jim Maloof Realtor as your local broker for your bank-owned listings, please contact Troy Kerrn at the phone number on the home page.
