The Manzuri Group Reo Brokers

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Brought to you by: Brandine Strand & Natalie Blackburn REO Directors-Orange County Division

Transcript of The Manzuri Group Reo Brokers

Page 1: The Manzuri Group Reo Brokers

Brought to you by: Brandine Strand & Natalie Blackburn

REO Directors-Orange County Division

Page 2: The Manzuri Group Reo Brokers

The Manzuri Group is a Regional REO Real Estate Firm unlike any REO organization in Southern California, in that our current coverage area extends over 5 Southern California counties. Our calculated infrastructure and efficiency models, created & implemented by The Manzuri Group Team, are bar none.

The Manzuri Group state of the art in house systems makes it easy for our clients (Lenders / Asset Managers) to communicate with us seamlessly. Our Team is available 7 days a week and no Team will work harder to guarantee results.

At the Manzuri Group we market our properties all over Southern California Radio via www.TimeToBuy.com. If you have a need anywhere in Southern California, you can count on The Manzuri Group to be your Go To Team!

[email protected]

Page 3: The Manzuri Group Reo Brokers

We Receive Property(Accept listing agreement via your

preferred REOportal)

1. Eviction(Occupancy check within 24 hrs.)

77% CFK / Vacate Success Rate

2. Pre-Marketing(Initial services completed within

48 hrs. of vacant property)

109 Average days Cradle to Grave

3. BPO Competion(48-72 hrs. of BPO assignment)

• In-house Appraiser & NVSI Certified Team

99% BPO / List Price

5. Closing Escrow(Close Escrow 30 days from

open Escrow)• Contingencies removed within

14 days• Accurate REO contacts

• Timely disclosures

32 Ave. Daysin Escrow

4. Listing MLS Highest & Best Offer

(Within 24 hrs. of receive Listing Agreement)

• Detailed & Engaging MLS Listings• Choosing the Right Agent is Key

18 Ave. Dayon Market

[email protected]

Page 4: The Manzuri Group Reo Brokers

2009 REO CLOSINGS - 161 PROPERTIES SOLD2009 REO Volume - $39,000,000

"Our number one job and goal is to protect the interests of the client, by being your eyes and

ears on the ground" Gil Manzuri

CFK / Vacate Success Rate - 77%

BPO / List Price - 99%

Sale/List Price -105%

Sale/BPO Price -106%

Average days Cradle to Grave - 109

Average. Day on Market - 18

Average Days in Escrow - 32

[email protected]

Page 5: The Manzuri Group Reo Brokers

Gil Manzuri

Broker of Record REOMAC member

Gil Manzuri has over eight years of REO and Real Estate experience. An expert in marketing, negotiating and high

volume production.

Mike Magpayo has Nine years of management, real estate, and finance experience. Renowned for acumen in creating infrastructure, efficiency and marketing models for MSM Financial Inc. The Manzuri Group,

Escrow Now, and WeDoLend.com. REOMAC Certification Committee

Mike Magpayo

Chief Executive Officer REOMAC member

Brandine Strand Natalie Blackburn

REO DirectorCertified ROHRS Agent

Broker of Record REOMAC member

REO Director

Brandine has over 5 years of Real Estate experience focusing on the processing of REO’s & Short Sales. She holds a degree in Business Marketing & Communications Advertising. She is known for her strategic marketing & negotiating capabilities that get homes sold.

Natalie has 5 years of Real Estate experience in which she has specialized in efficiency, strategy & sales of REO assets. Her

knowledge of the default industry is extensive & valuable to the team.

[email protected]

Page 6: The Manzuri Group Reo Brokers

REO Agents of Record: Gil Manzuri

REO Directors: Joy Thacker

Mike Magpayo

REO Staff:

Rich HunterChief Inspector

[email protected]

Ryan O’DonahueIn-House Appraiser

[email protected]

Steve Petit & Patrick ThackerAssist Inspectors/[email protected]

714.352.3700Nancy Magpayo

Accounting/Property [email protected]

714.352.3700

Christine SumiClosing Coordinator

[email protected]

Field Agents: Brad Stevenson - Central CA Tim Heffernan - Northern CA

Natalie BlackburnBrandine Strand

[email protected]

[email protected]

[email protected]

Page 7: The Manzuri Group Reo Brokers

Southern CAMarket

Rent Controls

Eviction

Controls

Section 8

BankruptciesREAP Certified

Section 9A

Fannie Mae

Code Violations

Short Sale Cert.

[email protected]

Page 9: The Manzuri Group Reo Brokers

Gil Manzuri Certification committee

Mike Magpayo Education committee

NVSI Certified - BPO Pros

REOTRANS/Equator Platinum Certified

National Association of Realtors

Real Estate Short Sale Certification

Integrated Asset Services - Los Angeles County

REAP (Rent Escrow Account Program) Certified

[email protected]

Page 11: The Manzuri Group Reo Brokers

Manzuri Group Southern California Headquarters940 South Coast Dr. Ste 110Costa Mesa, CA 92626

949.200.7190

2009 Closings:

Field Offices:

Manzuri Group Northern CA940 South Coast Dr. Ste 110Costa Mesa, CA 92626

Manzuri Group Central CA940 South Coast Dr. Ste 110Costa Mesa, CA 92626

Manzuri Group LA8549 Clifton WayBeverly Hills, CA 90210

Manzuri Group Inland Empire8403 Lourenco LaneCorona, CA 92880

Manzuri Group San Diego3471 Jefferson St.Carlsbad, Ca 92008

NORTHERN CA

CENTRAL CA

SOUTHERN CA

[email protected]

Page 12: The Manzuri Group Reo Brokers

DARES:Partner Code: CA 0004969Search as: Gil Manzuri

Reotrans:Username: GilManz11Search as: Gil Manzuri

Res.netUsername: [email protected] # 34629

RIOCENTRALUsername: GilManz11Search as: Gil Manzuri

Citi Residential-OMS SystemUsername: Albertd1Search as: Albert Del Rioor Gil Manzuri

Citi Residential-OMS SystemUsername: 23735Search as: Gil Manzuri

Platform Account Name: Gil Manzuri

[email protected]

Page 14: The Manzuri Group Reo Brokers

New Assignment

Infrastructure

√ Eviction Team- 77% CFK Success Rate

√ BPO Department- 106% Sale Price : BPO

- All BPOs reviewed by Gil and Mike

√ Pre Marketing / Property Preservation- (Repairs & Utilities)

√ Property ready for MLS & community exposure

√ Escrow Department- Gil, Mike and closing team ensure on-time closings

[email protected]

Page 15: The Manzuri Group Reo Brokers

• Monthly status reports are a key method to proper management of assets. This ongoing report will allow us to monitor key factors such as property condition, price point and market trends.

Property

Condition

PRICE POINT

Listing Price

Marketing

Trends

• Accurate & timely MSRs & MMRs are essential to the quick sale of aged assets.

[email protected]

Page 16: The Manzuri Group Reo Brokers