Online Real Estate Assistant is a multi-support service company providing:

Short Sale Closing Services - Assist Brokers and Agents with listing, marketing, and closing short sale transactions.

• Listing - Create listing presentation, collect short sale questionnaire and forms, order photos, add listing to the MLS, and upload pictures.
• Marketing - Create marketing materials, market property on 30+ websites, create virtual tour, schedule showings, and prepare weekly reports.
• Short Sale Closing – Collect questionnaire, short sale documents, and required bank forms, lender and title follow-up, schedule inspections, distribute transaction summary file, follow-up on all contingencies, schedule and follow-up on all repairs, schedule closing, order preliminary and final HUD-1/closing statement.

Support BPO and REO Brokers, Agents, Foreclosure Banks, and Investors.

• Pull subject property data, comps, enter BPO data and complete monthly marketing data.
• Pre-listing/pre-marketing support services, collect and submit bids and estimates, turn on and off utilities, monitor property repairs, collect invoices, market property on 30+ websites, schedule showings, submit marketing statistics to the reo banks, and more.

We know how demanding the banks can be when it pertains to completing Broker Price Opinions and Monthly Marketing Reports. We will assist with everything from BPO through the closing transaction . Yes, we will handle the tasks that you don't have time to complete. Sign-up Today!

Full Line REO Services - Assigned Properties (3 Months Only)

• BPO - Initial and Updated (2)
  
• Monthly Marketing Reports (4)
  
• Property Preservation Admin Support
• REO Reimbursement Management
• Property Listing and Marketing Coordination Services
• REO Closing Transaction Management
  

Traditional and REO Closing Transaction Management - Provide stand-alone closing transaction management services to brokers and agents that desire order and accuracy to their current closing process.

• Review all documents for completeness and signatures.
• Distribute and collect all bank required forms and all missing transaction documents and addendum.
• Distribute the new transaction summary file to the broker and agents.
• Follow-up on loan application and appraisal.
• Order and follow-up on all inspections.
• Follow-up on all inspection repairs (if applicable).
• Follow-up with the lender every 2 - 4 days (as required).
• Follow-up on all contract contingencies and deadlines in a timely manner.
• Communicate will all transaction contacts as information is received or tasks are completed.
• Obtain the loan commitment letter and follow-up on all loan conditions.
• Schedule final walk-thru or obtain waiver, and schedule closing.
• Order preliminary and final HUD-1/Closing Statements. 

We are Certified Coordinators for SettlementRoom, RELAY, Gurunet, and experienced users of SureClose, PaperlessRE, TrackMyFile, Transaction Point, and more. Don't have time or don't want to invest in a transaction management program? As a closing client, you can use our Point2Close system combined with our reasonably rate services.

As Low as $125.00 per Closing

Real Estate REO Bookkeeping Services - Provide stand-alone REO reimbursement bookkeeping services to REO Brokers and Agents.  To manage your reimbursements, we can use QuickBooks, Quickbooks Pro, Quicken Home & Business, or use our own system REODesktop to manage your reimbursements. Don't have the latest version of QuickBooks? Click Here for discounted prices on all of your supplies and software.

• Collected all vendor data (W-9, Certificate of Liability, full contact data).
• Collect bids and estimates, submit to the Asset Manager or designated individual.
• Order work and services (vendor, utilities, inspections, POS, etc)
• Collect and review invoices for accuracy.
• Print reimbursement checks (if applicable).
• Complete and submit bank reimbursement forms, hard copy and online version.
• Submit reimbursements to reo bank (online, fax, mail, and email) for Broker/Agent reimbursement or Vendor direct pay.
• Follow-up on all past due reimbursements if not paid within 14 days.
• Submit weekly reimbursement A/P and A/R reports.
• Provide access to weekly bookkeeping reports. 
• And more!

We work with many bank portals such as REOTrans, Fannie Mae, Freddie Mac, Wells Fargo PAS REO, AHMSI (DARES), OCWEN, LPS Desktop, RES.Net, and more.

No more struggling late at night inputting reimbursement request or scratching your head trying to figure out why the reimbursement was declined. Send us the information and we will handle the paper work for you. Invoices are submitted three times a week to make sure that you don't miss your submission deadline. Don't want to collect invoices from the vendors? Don't worry, we have several systems in place to make submission easy for your vendors including systems to allow them to easily track the status of their invoices.

If you are tired of working late, spending most of your time in the office, and seeking innovative ways to increase your market exposure, income, or trying to break into an industry that is always changing, contact Online Real Estate Assistant today. Our team of experience assistants can assist you with all of your real estate duties. Let our years of experience supporting brokers and agents partner with your years of real experience. Outsource your BPO Tasks and Closing Transaction Management to Online Real Estate Assistant. Stop struggling with BPOs and MMRs, contact us.