Artisan Residential REO Services
A Unique and Powerful Proposition
Artisan Real Estate
Advisors offers a truly masterful solution to the disposition of
residential real property. Approached as an asset management project,
each lender's portfolio receives servicing on both an individual and
portfolio basis. Using this approach offers the power of a national
servicing company as well as the care and understanding of individual
property and market dynamics only found in the best local firms. With work for
Fannie Mae (FNM) and the Resolution Trust Corporation (RTC) dating back
nearly 20 years, assignments from municipalities, utilities, states, and the United States government, Artisan
principals are uniquely qualified to assist in the disposition of your REO properties.
First, the lender is thoroughly interviewed on its needs and goals, its
preferred communication and processes, and on not only current but also projected
REO properties so that a customized strategy can be created. We know
that every client is different and will have a unique mix of property,
disposition needs, risk aversion, and loss mitigation. Only when
Artisan experts fully understand the client do we move on to property
evaluation and recommendations.
Your properties will be evaluated both as a stand alone
asset and as a part of the group. This way, we are certain not to miss
opportunity and to avoid pitfalls in this rapidly changing and
competitive market. Artisan also considers every portfolio (even if
it's only two properties) a dynamic asset - if the market is
constantly changing doesn't it make sense that your strategy should
too? For example, one asset may, at a certain point in time, have more
ability for equity recovery and should receive extra attention.
Similarly, another home may face strong competition and should be
temporarily held pending a better market. This is where the deep
experience and commercial expertise of Artisan principals makes all the
difference. Five decades of full-time investment real estate work
will better protect your equity, and offer returns faster with less
risk and headache.
Artisan can also assist in the creation of internal policy and practice
for our clients that need our expertise in other markets. Most REO
disposition strategies offer room for much improvement. By its very
nature, real property is unique. Typical disposition programs fall
short in addressing the time value of money (IRR), competition, lack of
market data, and the intricacies of multi-property sales. We provide a
wide array of services in an a la carte format including:
- Integrated strategy for different property types
- Cross market portfolio strategy
- Training and coaching for client employees and allied professionals
- Consulting and creation of documents and forms
- High-detail expanded Broker Price Opinions (BPO)
- Disposition team creation
- Assistance with our market real estate agents (selection criteria, research, and interviewing)
- Inspection, repair, maintenance, management, and staging
- Superlative marketing programs custom tailored for each property that provide maximum persuasive exposure.
Please call us today to discuss how we can custom-craft a disposition program that is ideal for you. References and work samples available on request.