“ The Art of Real Estate” Powered by:. What is REO Technology? REO Technology is a comprehensive, process driven web based real estate investor platform.

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Presentation transcript:

“ The Art of Real Estate” Powered by:

What is REO Technology? REO Technology is a comprehensive, process driven web based real estate investor platform that streamlines the entire buy, fix and sell process Main Functions Finding Opportunities –A direct feed from the MLS, identifies & evaluates properties to determine the best and highest offer Project Section - Full project and document management system SOW Builder - Creates a scope of work for each asset Pro Bidder – Repair cost management program to control rehab cost

IDX – Finding opportunities REO Technology has direct access to local MLS systems through an IDX connection. This allows the system to evaluate the data every minute to identify potential investment opportunities in real time. This is how we found (Address of agents property) Focus Items Property is Identified as below market price Comps Estimated Repairs Determining offer price

How the Estimates are calculated Cost to Carry Property – 2 Points 12% interest rate $1250 Junk fees Typical cost for a 90 day flip is approximately $5,500 per 100K financed!

Return on Investment – ROI Combined purchase and repair can not exceed 80% Minimum ROI 12%

Project Section The Project Section of REO Technologies is an all-inclusive asset management forum. It allows for one centralized location to store all data and documents needed to manage a project from negotiations through closing.  Web Based System  Task Management  Diligent and Accurate Due Diligence Process  On Time Closings!

Scope of Work (SOW) Builder Section The SOW Builder generates a detailed “Scope of Work” for each project based on data collected from the MLS of all comparable properties used to determine the AVR and analyzes it with the data collected from the physical inspection to determine the ideal “Value Added Repairs.”  Maximize returns  Minimize time in market  Best Value Pricing Model – BVPM “Not the least expensive or the most improved but the best deal”

ProBidder The Probidder Module is a cost management forum designed to put the control back into the investor’s hands. The Module has a library of handpicked “value added” materials from Lowes and Home Depot categorized based on finish quality, color scheme and the type of product.  Quick and accurate Cost & time management  Consistent quality and finish product Before and after “A” quality Avenida Serra, San Clemente, CA Before and After 223 Avenida Serra, San Clemente, CA Before and After Custom rehabs Jacques Dr., Palm Springs, CA Before and After 1966 Jacques Dr., Palm Springs, CA Before and After

“We close GUARANTEED” To protect the listing and selling agents in the event we fail to close a transaction after contingencies are waived, we will deposit into escrow an amount equal to the real estate commissions to be paid on closing along with irrevocable instructions to release those amounts to the brokers involved in the transaction in the event the transaction is cancelled due to Buyer’s unexcused failure to perform. We close GURANTEEED is an unregistered Service mark of Investnotic, LLC.

Double End Plus+ Program Level 1 – Identified Realtor Partner Level 2 – Participated in the Acquisition of a Property Level 3 - Partners who have Brought us an Acquired Property  Receive Qualified Buyer Leads with out referrals fees  Fist look at “Coming Soon” inventory  Resale of acquired property

Commission for Double end plus+ Program Commission Listing agreement will spell out the details 45 day listing - Our goal sub 90 day turnover Pre Determined Price Reductions Clear Expectations Listing Agent and InvestNotic Commission Listing agent – 2.5% Selling agent – 2.5% to 3% Double end - Full Commission Scaling commission

Conclusion & Next Steps