At J. Roberts & Company we are redefining the asset disposition experience with a true partnership approach. Our team of experienced and knowledgeable REO professionals benefit from an expanded and highly efficient support system, helping us to provide an unprecedented level of service to our Asset Manager Partners. J. Roberts & Company has built its REO department with a single minded focus: efficient asset disposition at its highest level of experience and professionalism. We have assembled a team of seasoned REO professionals dedicated to providing our asset manager partners the service they deserve. Our job is simply to make our Asset Manager Partner’s job easier. Substantial investments have been made in improving internal systems, recruiting exceptional talent, training key positions, as well as a state of the art office spaces. All of which has been orchestrated to optimize our position in our local markets and position ourselves to leverage our REO administrative team into new markets. Ultimately this will better serve our Asset Manager Partners.

Benefits of an REO team

If you were hiring a security expert to protect yourself, your family, your home, and your assets would you prefer one man that says he’s good or one man that says he’s good and has an entire division of men and equipment with him??? Most asset managers prefer to work with an REO agent who has a team in place to support every level of the transaction. Our REO administrative and marketing specialists allow us to better manage our asset manager’s properties.

J. Roberts & Company REO Team

Jeremy Sposato
BROKER/OWNER/REO AGENT
Responsible for managing REO team to ensure overall organization
and implementation of assigned tasks to ensure proper asset disposition

Josh Parker – Josh Keglovits – Chay Walker
CO-LISTING AGENT(S)
- Occupancy Checks - BPO Valuation
- Cash for keys/Eviction Coordination - Coordination of Repairs
- Initial BPO - Monthly MSR’s
- Bi-weekly Inspections

Chia Magda
MLS/MARKETING COORDINATOR
- Accurate input of asset into MLS - Coordinate price drops
- Update MLS throughout marketing - Update affiliated websites with marketing info

Amanda Parker
CONTRACT COORDINATOR
- Coordinating offers - Proactive title clearing
- Proactive closing procedures - Closing coordination
- Ensure prequalification of all offers

Heather Hinshaw
ACCOUNTING MANAGER
- Utility start/stops - HOA coordination
- Vendor management - Estoppels coordination
- Coordination of utility payments - Reimbursement submissions

Cutting Edge Technology

Our proprietary shared drive system allows us to store and share all of our REO files in a paperless environment, giving our team the ability to view each properties information in one shared space. Pictures, repair bids, BPOs, open offers, contract/closing documents as well as accounting documents are all shared allowing better communication across the team. Our proprietary platform has proven to be effective in work environments with as many as 400 total assets under management. Updates are immediate with notifications pushed down to the teams smart phone devices.

Marketing that Drives Results

Our solid plan of action also involves heavy marketing of the REO Assets, via multiple levels of internet marketing. We employ large sites such as Realtor.Com, Homes.Com, Trulia.Com, as well as almost 50 other largely populated websites. All of our listings get promoted on both our company Facebook page as well as all of our affiliated agent Facebook pages. In addition, we feature them on multiple MLS services across the State.

Access to Multiple Markets

Asset managers typically manage assets in multiple markets. Having a centralized REO support team will allow our asset manager partners to leverage our relationship in multiple markets all while delivering consistent service. We combine a certified local REO agent with our administrative support team, allowing each team member to concentrate on their area of expertise, ultimately benefiting our Asset Manager Partners

Current Statistics

Average Sale Price……………………………………………..103.08 % of original BPO
Average days on Market…………………………………….....16.7 Days; 26.58 Days to Close
Last 12 months Closings…………………………………….... 544 total REO sales
Available liquidity allocated per property………….................. $3,500.00

Current Listing Broker Relationships

Current BPO Broker Relationships

In Conclusion

Our goal is to treat each asset manager as a partner and bring their assets to market in a quick and efficient manner, minimizing loss and risks, presenting each property to market in a sellable fashion, and ultimately increasing our partner’s cash liquidity by selling the properties at a fair market value as quickly as possible.
Thank you for taking the time to learn more about our services. Feel free to contact me directly should you have any additional questions.