This is a synopsis of our general marketing strategy. This plan will be tailored according to your individual needs and procedural standards.
Pre-Foreclosure
• Determine occupancy • If vacant • Secure property and comply with any minimum city ordinances • If occupied • Take Exterior Photographs • Perform drive-by broker price opinion. • Monitor property on a weekly basis and advise client of any change.
Post Foreclosure
• Determine occupancy • If vacant • Secure property and comply with any minimum city ordinances • Prepare full broker price opinion to include: • (1) Repair estimates • (2) Photographs • (3) Termite Report
• Listing & Marketing • (1) Input into multiple listing services • (2) Install sign/eye-catching riders • (3) REO advertising in various publications • (4) Circulate flyers to area businesses, residents, tenants, and brokers • (5) Exposure to the Internet • (6) Broker and public open houses • (7) Door knocking • (8) Photo/ Financing facts sheets
• Rehabilitation & Maintenance • (1) Initiate utilities as appropriate • (2) Initiate initial trash out, cleaning and landscape • (3) Set-up monthly maintenance • (4) Monitor repairs authorized • (5) Provide completion photographs of repairs, along with invoice
• If occupied • Prepare drive-by broker price opinion with exterior photographs • Negotiate the following for possession, as directed: • (1) Cash for keys (a) Prepare Move out, Personal Property and Hold Harmless agreement • (2) Prepare rental agreements (usually only on units) (a) Maintain property (b) Collect rents
• Inspect weekly • (1) Advise seller and/or attorney of any changes
• Monitor eviction process • (1) Attend trial as witness • (2) Meet authorities for lockout • (3) Re-key and Secure property