Routh Real Estate: REO Team
Experienced, professional and expeditious, we are ready to handle all aspects of your BPO and REO needs.
Eagle County Colorado: Vail, Avon, Eagle, Edwards, Gypsum, Minturn, Wolcott, Red Cliff
81657, 81658, 81620, 81631, 81632, 81637, 81645, 81649, 81655
Complete REO/Asset Management Services
• Occupancy reports within 24 hours
• Re-keys in 24 hours
• Utility services and maintenance arranged in 24 hours
• BPO’s within 48 hours
• Renovation, repair & estimates with fast, reliable service providers
• Cash to complete repairs until reimbursement is processed
• Property preservation
• Eviction assistance
• “Cash for Keys"
We also pride ourselves in providing
• Broad coverage locally and nationwide - 3 Eagle County offices and Keller Williams Listing Service exposure to 65,000+ agents nationwide
• Finance background – We prepare a comprehensive pro forma for all properties with investment/rental potential
• Full Spectrum Marketing – MLS, KWLS, multiple websites, local papers, flyers, signs…
• Extensive negotiating experience
• Fully digital, computerized, systematized – Documents are scanned, uploaded and emailed
Standard Operating Procedures: REO Assignments *we will adapt to your procedures as required
Upon receiving an assignment, the following protocols are initiated:
1. Occupancy status determined 24 hours of assignment
2. Property secured & rekeyed 24 hours
3. Eviction initiated (if required) 24 hours
4. Cash for Keys initiated (required) 24 hours
5. Utilities transferred 24 hours
6. BPO completed 48 hours
7. Contractor bids ordered 72 hours
8. Supervision of property repairs and maintenance through completion/sale
9. Marketing program launched
a. Photos taken 24 hours of listing
b. For Sale Sign Place (as permitted) 24 hours of listing
c. MLS 24 hours of listing
d. Web domain purchased for property 24 hours of listing
e. Rider sign ordered 24 hours of listing
f. Input to websites: Routh, KW, listhub 48 hours of listing
g. Broadcast realtor emails 48 hours and repeat every 3 days
h. Flyers to property boxes and in home 3 days
i. Post cards designed and ordered 3 days
j. Open House program launched 5 days
k. Track showings/collect feedback ongoing
10. MSR’s 24 hrs prior to due
11. All buyers qualified ongoing
12. Contracts submitted 24 hours of receipt
13. Direct Escrow and Title opening 24 hours of MEC
14. Manage contract and closing through closing