NM REO is a full-service REO Service Provider backed by the strength and resources of CENTURY 21 Real Estate LLC, which consists of approximately 10,000 independently owned and operated franchised broker offices in 83 countries and territories worldwide with more than 131,000 sales professionals.
The REO Division of CENTURY 21 New Millennium manages and markets at-risk, distressed and bank-owned properties in the Virginia, Maryland and D.C. areas. NM REO has worked with many banks, servicers, and outsourcers to help them dispose of their real estate owned properties. In addition to providing expert valuation and marketing, the group’s extensive network of general contractors and trades people help clients perform all facets of repairs on distressed assets.
We are Experts
- REO trained and experienced Agents
- Res.Net RE Certified Agent
- Drive-by Exterior and Full BPO’s
- Occupancy status and exterior photos within 24-48 hours
- Utility activation
- Repair coordination, trusted contractors for repairs
- Eviction coordination with local Sheriff
- Professional marketing reports submitted monthly
- REO Management, Data and Expense Management
- Web-based REO management system reporting, open and scalable technology that is readily integrated into existing operations, and extended as needs evolve
- HUD, REO, Inventory Management and Sales of Distressed Properties
- Rapid REO servicing deployment
- Single-point-of-contact model coordinating a full spectrum of national REO Market & Asset Disposition and a sub-contractor for two current Prime contractors
- Extensive team of asset managers to coordinate property and task assignment
- Provide reliable representation on all properties
- Offer complete reporting functions
- Monthly expense management
- Closing Management and coordination
- Unparalleled coverage of Primary, Secondary and Tertiary Real Estate Markets across all property sectors
- Stringent in-house security protocols fostering security of client data
- Successfully market and sell REO/government homes alongside a healthy diversity of traditional home sales
Aaron Kellett oversees the REO Division of CENTURY 21 New Millennium. He has the agents, staff facilities, and technology to successfully market any property and facilitate a seamless transaction for asset managers, banks, and lenders.
NM REO knows what it takes to be a trusted partner in asset management. We are available 24/7 and offer an increasing variety of services that our clients would expect in the default marketplace with a primary goal of achieving the highest possible profit for our clients in the least amount of time.
CENTURY 21 New Millennium