The Team

REO TEAM

At Florida Capital Realty our mantra is “results only.”  We believe in nothing but results for our bank sales reps and  asset managers.  It’s all about gross execution and closings.  We understand the critical time pressures of the REO industry and its exigent demands.  As a result, Florida Capital Realty has allocated an entire back office team to handle each REO bank account.  What separates us from our competition are five core elements:

Systems

We know the ins and outs of the REO/foreclosure business.  From occupancy reports, cash for keys, evictions, BPO’s, MMR’s, property preservation, repair bids, listings, closing coordination, and auction coordination, we help achieve our bank’s sales reps and asset managers goals consistently.   With our “standardization” business model we have a specific staff member assigned to a specific duty full  time.  This means faster turn around and more detailed attention to offers, or sales amendments, or BPOs, etc.

While we focus on results we also believe in achieving the universal goal of home ownership.  We are big advocates of affordable housing and our goal is to see every buyer be a potential home owner one day.  Thus, we have created stream-lined systems such as our “online offer portal” where consumers can input offers directly online.

Education

At Florida Capital Realty we pride ourselves in education. In fact, almost all of our team members have bachelors degrees or accreditation and our top management all possess masters degrees or doctorate degrees.  We understand how education and “outside the box” thinking is critical to performance and we encourage all of our staff to focus on education both formal and informal.

Experience

With over 10 years of collected experience, Florida Capital Realty has been a proven market leader in South Florida.  We have come across every type of situation from drug houses, to squatters, to police interventions, to mold and inhabitable properties.  You name it we have experienced it.  We understand exactly what it takes to get the job done.

Working Capital

Being a direct brokerage company for many banks we understand the need of working capital. All of Florida Capital Realty’s assets utilities are turned on (and stay on) from initial BPO assignment to closing.  We do not take short cuts.  As a result we have up to $5,000 per property in working capital.  Emergency repairs happen.  It takes a good  foundation to achieve execution and the backbone of that is working capital.

Vast Buyer Network

Our greatest strengths is our vast buyer’s network in South Florida.  Florida Capital Realty is known as it was founded by the REO BROTHERS ™ (Aram & Tim) who are published authors and seasoned real estate agents that have closed over 2000 properties.  They bring a large following to the table which Florida Capital Realty can offer its bank clients.  If you need an REO serviced and sold within a 60-90 day period in Miami-Dade, Broward, or Palm Beach County, Florida Capital Realty has the buyer network to make it happen.

Florida Capital Realty provides the following REO management services:

• Same Day occupancy checks
• Performing police escorted evictions
• Negotiating Cash for Keys
• Re-keying properties, coordinating with contractors to use bank specific lock boxes, and codes
• Performing BPOs within 48 hours.
• Ordering Trash Outs
• Maintaining Landscape and Cleanliness of properties
• Listing and marketing homes (virtual tours, open houses, etc.)
• Providing marketing updated reports (MMR’s every 25 days)
• Ordering repairs, and working with contractors for a timely bid turnaround (within 72 hrs)
• Managing repairs, examining completed work, and ordering inspections when needed
• Maintaining utilities (water, electric, etc.) that are always on from initial assignment to closing
• Accurately following bank guidelines for invoice reimbursement (571′s, etc.)
• Processing and submitting ALL offers the same day of receipt
• Overseeing that all accepted contracts are closed by contract settlement date or sooner

At Florida Capital Realty, we know we will be an asset to your organization.  We’ll prove it by giving you a free second  opinion BPO’s (or as many as you need).  Let us show you what we can do.

Contact us today to learn more: 888-846-4846