What strategies does MCS use to speed up REO property turnover?
MCS has developed robust processes and platforms out of a highly regulated environment, a growing self-performing service network, and a record of recruiting and monitoring a substantial service partner network.
MCS uses a dedicated network of vendors to complete work. Proactive notification of a property needing turn services will help with accelerating a listing.
The longer a property remains on the market, the more important REO property maintenance becomes. MCS, a leading REO asset management company, works with our clients to provide the necessary property preservation and inspection services to help mitigate the risk of holding properties and reduce holding timelines.
Initial REO Services
- Debris Removal
- Janitorial Services
- Lawn Maintenance
- Securing Services
- Winterization
Recurring
- Janitorial Services
- Lawn Maintenance
- Snow Removal
Other REO Services
- Renovations
- Eviction Services
- Pool Securing and Maintenance
- Roof Repair/Replacement
- Discoloration Remediation
- Insurance Claim Repairs
- Repair and Rehabilitation
- Violation Resolution
REO Check Inspection
REO Check is an independent, on-site assessment of an REO property to determine the overall condition and marketability. This service can be completed weekly, biweekly or monthly from the time of asset acquisition until the property is sold. It provides information about each property’s overall interior and exterior condition, noting such things as damage, violations and the presence of hazardous conditions. REO Check may also be used to assess the initial and ongoing maintenance of the property, including if debris is present and if the lawn is being maintained. In addition, the pre-marketing services performed by the listing agent are assessed, including the placement of signage and marketing materials, accessibility to the property and the overall marketability of each property. The service ultimately ensures that each property is being kept secure, well maintained and readily marketable to show prospective buyers.
LEARN MORE ABOUT MCS REO PROPERTY SERVICES: mcs360.com/reo-property
ABOUT MCS
From inspection services and maintenance to renovations and repairs, as well as preserving foreclosed and vacant properties, MCS provides clients with the bandwidth to handle the many moving parts required to successfully manage their portfolios. We employ our own proprietary, cloud-based software platform to manage work orders, seamlessly interfacing with clients’ existing technology systems so that we are able to serve your needs efficiently and to the highest standards.