Opportunity to purchase established real estate brokerage firm that specializes in disposition of assets (REO properties) for banks and lenders. Services include any and all aspects of the foreclosure resale process such as handling evictions, supervising remodeling or repairs of the property as well as the listing and selling process from start to finish. The company also handles all invoicing/record keeping with respect to the billing and payments during the entire sales process. Clients include Fannie Mae, Countrywide Loans, Integrated Asset Services, Bank of America and Citibank. The professionalism, reputation, efficiency and consistent follow through have built the company a solid reputation with the lender asset managers as they are consistently receiving 6-10 asset assignments every month. Have just under $3,000,000 in current active and pending properties listed with more on the way. The majority of the listed properties are in Collin and Dallas counties. Excellent opportunity for an individual with existing contacts within the REO industry that could bring in even more assignments.

MOTIVATED TO SELL NOW!! Two partners involved neither of whom can operate the business full time due to commitment in separate, unrelated ventures. Will consider all reasonable offers and will seller finance the transaction.

Seller will provide on-site training after the purchase, assist in securing retention of the key employee and all agents, provide on-call telephone assistance after competition of the training and sign a no competition agreement.

Additional business details are available. You will be required to document your ability to complete the proposed transaction. For more information on this residential real estate brokerage business, please contact Stocker Travis at 972-783-1662 or e-mail at stravis@bizdealmaker.com

Please refer to listing ID: ST9069