Our asset management expertise, combined with our marketing power and customized REflex Technology, is the perfect package for private equity groups to leverage. Our turnkey solution offers the most bang for the buck when it comes to liquidating REOs.
Boca Raton, Florida (PRWEB) February 22, 2012
ResCom Holdings, a private equity group focused on distressed real estate and alternative investments, has retained Broker Management Services Inc. (BMS), a division of Active Data Technologies Inc., to provide asset disposition services for properties and non-performing notes that will be procured through bulk acquisition.
“Time is money in our business,” said ResCom Partner-in-Charge, Oliver Wright. “We partnered with BMS because of its tremendous technology solutions that will enhance our profitability, as well as maximize the time it takes to perform the work.”
In fact, in the first quarter of 2012, ResCom placed 341 Real Estate-Owned (REO) assets with BMS, which leverages the marketing power of Foreclosure.com and its unrivaled network of affiliate and partner sites, and sold more than one-third of those assets in less than 30 days. Non-profit organizations, employer groups and real estate agents are also an integral piece of the intricate BMS network that yields results for ResCom.
In addition to marketing, BMS offers a proprietary, fully-configurable asset management platform that is called REflex Technology, which has facilitated the liquidation of properties nationwide since its inception in 2011.
“We are excited to work with ResCom,” said BMS Founder and Vice President, Brad Geisen, “Our asset management expertise, combined with our marketing power and customized REflex Technology, is the perfect package for private equity groups to leverage. Our turnkey solution offers the most bang for the buck when it comes to liquidating REO inventory in this market.”
BMS also includes another key feature: transparency. ResCom and other BMS partners are constantly aware of what is happening with their assets in real time, preventing crisis management situations and adding control and simplicity to an otherwise complicated process.
“The technology provided by the BMS team at its asset management division provides us with real time reporting and remote access to our files so we can manage activities accordingly,” said Wright. “Our number one objective as the manager of several private funds investing in distressed assets is velocity. The longer it takes for us to identify, acquire and dispose of these assets the more it impacts my investors’ return on investment. BMS is able to increase our return on investment and the ability for us to turn capital more frequently.”
For more information on BMS, which operates under the Active Data Technologies Inc. corporate umbrella, and its suite of end-to-end real estate asset disposition solutions, among many more, visit http://www.ActiveDT.com today.
ResCom Holdings is a private equity group focused on distressed real estate (assets and debt) and alternative investments. ResCom acquires, manages and liquidates bulk Real Estate-Owned (REO) asset and whole loan pools it acquires from national banks, the major servicers and Government-Sponsored Enterprises (GSEs). ResCom currently manages approximately 3,000 single-family residential (SFR) assets and seller-financed notes across nearly two-dozen portfolios.
Broker Management Services Inc.
Broker Management Services Inc. (BMS) is a full-service nationwide Real Estate-owned (REO) management, marketing and disposition firm that operates under the Active Data Technologies Inc. corporate umbrella. It offers powerful services to government and corporate clients that enable them to oversee their real estate broker networks, as well as manage and market government and corporate assets. BMS blends an invaluable nationwide network of highly-skilled real estate professionals, best of breed technologies and patent‐pending business processes that save time and money, liquidating a high volume of assets in a short amount of time. Its clients enjoy the power to easily manage and market their REOs more efficiently with the leadership and proven track record of industry experts.
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