Broker Sprints to Catch the REO Train

PR Log (Press Release) – Oct 26, 2009 – LOS ANGELES, CA—Market analysts predict that the number of foreclosures may reach the 10 million mark by the year 2012. However, with this expanding Real Estate Owned (REO) market comes an increasingly competitive atmosphere that demands a higher caliber group of listing agents and brokers.  This is why broker Dean Dana of General Realty Group, Inc. is both confident and enthusiastic to enter to REO market

General Realty Group, Inc. is a real estate brokerage firm that has been operating since the early 1990s.  The firm consists of over 50 real estate professionals who provide services to buyers and sellers in residential, commercial and industrial real estate.  In addition, mortgage loan services for residential and commercial properties are provided to their clients.  

The firm is an ideal candidate to enter the REO market because they can offer a wide array of services such as, property management, rehabilitation, sales and mediation of tenant relations. “Asset Managers need experienced agents on the ground who are also part of the community,” says Dana.  “Who are capable of turning their acquisitions around in a timely and professional manner.”  Moreover, the staff has extensive experience in REO management, which includes occupancy, cash for keys, property preservation, broker price opinion (BPOs), offer processing and escrow.  

Their business model is founded on adaptation, efficiency, maintaining and developing new client relationships and strong ethical principles. “We have an underlining determination to provide excellent customer service to all of our clients,” says Dana.  “Operating under these business practices is imperative in order to be successful in a cycling real estate market of boom and bust.”  

Their sales approach is straightforward, emphasizing the need for aggressive, realistic marketing.  Numerous resources in real estate and construction allow the agents to close transactions in a manner that maximize equity to each and every client.

“I like partnering with General Realty,” said Jagg Rumph, an agent who has ten years with the firm.  “There is great company morale. Dean Dana is a knowledgeable, positive broker who is a pleasure to work with.”

For additional information, please call Dean Dana at 818.778.1112 ext. 49 or e-mail him at dean@generalrealtygrp.com.