RE/MAX EASTERN INC
REO SALES DIVISION
Three Offices Serving Philadelphia, Bucks and Montgomery Counties of Pennslyvania Dennis J Kulp, Broker Thomas J Love CDPE, SFR, SSP. CRS RFS, Associate Broker, REO Manager 215-338-SOLD (7653) tlove@remax.net www.RMEastern.com
Professional Resume Thomas J. Love III
Real Estate Broker, CDPE, SSP, SSR, GRI, RFS, CRS Licensed in 1992; Tom has over 18 years of experience and, having owned and operated his own successful RE/MAX office, he is practiced and skilled in the management of all areas of real estate transactions. Tom is considered a leading expert in the market and has, with his qualified staff, successfully sold over 2,600 properties. As the economic and real estate climate changes, Tom’s extensive knowledge and experience in the distressed property market makes him a leading broker in the field. He and his staff specialize in the preservation, protection and disposition of all aspects within the Foreclosure, REO and Short Sale market
Advanced Training/Certifications in REO and Short Sale Properties: Active, Pennsylvania Associate Broker license Certified Distressed Property Expert (CDPE) Specialized Real Estate Services Provider (SSP) Short Sale and Foreclosure Resource (SFR) Graduate Real Estate Institute (GRI) Residential Finance Specialist (RFS) Council of Residential Specialist (CRS) REOTrans Platinum Certified
Professional Memberships:
National Association of REALTORS RE/MAX International Greater Philadelphia Board of REALTORS Pennsylvania Association of REALTORS Bucks County Board of REALTORS Cambridge Who’s Who Registry of Executives, Professionals and Entrepreneurs 2009-2010
Company Information:
RE/MAX Eastern Inc. - Established 1979 Selling HUD homes for over 30 years. Approved HUD broker to sell (ID RMXEST 5933) United States Marshall Service Seized Properties PA Eastern District (R.E. Broker 1987-2007) Over 100 full time agents Three office locations serving Philadelphia, Bucks and Montgomery Counties #1 with the Philadelphia Board of REALTORS for 20 consecutive years for the highest number of closed transactions
Current REO clients:
Bank of America Wells Fargo Philadelphia Federal Credit Union America Heritage Federal Credit Union LPS-AMS REO Integrated Asset Services, LLC
Thomas J Love RE/MAX Eastern Inc. 215-338-SOLD (7653) www.rmeastern.com
REO Services We offer a PROVEN REO sales system. STAGE ONE - Preliminary Research • • • • • • • •
Accept property referral Inspect property within 24 hours Take initial set of photos Secure house if vacant, or negotiate cash for keys with occupant Take interior photos and list repairs needed Obtain multiple bids for repair from independent licensed contractors Establish broker price opinion Rekey property and place lockboxes on site
STAGE TWO - Property Market Preparation
• We communicate and coordinate with lenders field service vendors to perform initial services, re-keying, clean outs, lawn care, etc. • Turn on utilities to property under our name • Set up repairs according to FHA or HOA requirements • Monitor property for vandalism and get immediate resolution • Conduct weekly property inspections • Maintain prime property condition to maintain value and community appeal • Inform neighbors of the listing and enlist their assistance in communicating any suspicious activity or disrepair, as well as ensure them of our desire to maintain neighborhood value
STAGE THREE - Property Marketing • • • • • • • • • • • • • • • •
Prepare all listing paperwork and enter home in the Trend Multiple Listing Service Order For Sale Sign with post Create property flyer for buyers Promote listing at office meeting (100 agents) and on local agent tours Advertise home on #1 real estate search engine: Realtor.com with enhanced listing Advertise home on #1 real estate company site: Remax.com Advertise home on www.rmeastern.com Advertise home on CraigsList.com as well as hundreds of other sites A team of Full time licensed REALTORS available to show property & hold open house Provide monthly status reports (MSR) Ability to conduct a ‘paperless’ transaction for fast and easy service via email Advertising in local papers in all three counties (Philadelphia Inquirer, Philadelphia Daily News, Homes and Living, Bucks County Courier Mail informative flyers to rental properties including “Rent vs. Own” to attract first time buyers Follow up with all agents who showed the property and keep them updated on any status changes Monitor market activity and property value Carefully keep on track of all offers and contracts to ensure a timely closing
Thomas J Love RE/MAX Eastern Inc. 215-338-SOLD (7653) www.rmeastern.com
Our Team Our full time team brings years of experience as well as a strong tie to the community to help stabilize the real estate market through the successful sale of REO and HUD properties. We have been selling REO and HUD properties for over 25 years. and have developed a highly efficient sales system for our clients.
Dennis Kulp
RE/MAX Eastern, Broker of Record President Service Disable Veteran • Former Grievance Committee Chairman( Part of the Professional Standards and Ethics Committee Greater Philadelphia Board of REALTORS) • Real Estate Counsellor for Philadelphia Fire Fighters Union local #22 • 25 years of experience in listing and selling REO properties
Thomas J Love CDPE, SFR, SSP, GRI, CRS, RFS Associate Broker REO Manager • • • •
Full time REO staff Involved with the Philadelphia Redevelopment Authority NSP neighborhood stabilization program Full time inspector for weekly home inspections Full time licensed contractors on staff providing all aspects of protecting and preserving properties. - Last Resort Construction - Amalfi Construction
Steve Nuneviller
Licensed REALTOR Property Inspector/BPO Specialist
Colleen Sabina ABR Licensed REALTOR Sales/Buyer Representation
Joanne Lucini
Marketing and Office Administrator
Thomas J Love RE/MAX Eastern Inc. 215-338-SOLD (7653) www.rmeastern.com
Promoting Home Ownership RE/MAX Eastern Inc. works diligently to promote the value of home ownership throughout Philadelphia, Bucks and Montgomery Counties. Through various direct mailing campaigns, buyer seminars and internet marketing, they strive to educate the public on the advantages of home ownership. CREDIT UNION OUTREACH - CU REALTY Thomas J Love played an integral part in the development of CU Realty and is currently a broker within their network. CU Realty is a community service for credit unions promoting home ownership through education and program incentives. Thomas and Colleen Sabina conduct buyer and seller seminars for local credit unions who are part of CU Realty. SOCIAL MEDIA - WEBSITES RE/MAX International has created a branded YouTube channel to help educate consumers about buying and selling a home in today’s market. FORECLOSURE RESOURCE Thomas Love has created an exclusive website to educate local homeowners who may be facing foreclosure that they have options available to them through loan modifications or short sales. Homeowners can view videos, read free reports, and get the information they need to make an informed decision about their current financial hardship. www. BucksMontShortSales.com CHARITABLE ENDEAVOURS RE/MAX International and their associates believe in making a difference in their communities. Since 1992, RE/MAX has raised $100 million dollars through community, regional and international fund raisers for sick and injured children. In 2009, RE/MAX became a national sponsor of the Susan G. Komen Race for the Cure after six years as a co-sponsor of the Breast Cancer Survivor Recognition Program.
Thomas J Love RE/MAX Eastern Inc. 215-338-SOLD (7653) www.rmeastern.com
Attracting Buyers
RE/MAX agents will spend more than a billion dollars each year to promote themselves and their listings. No other company spends more money promoting their brand than RE/MAX International, with television, radio, internet and print advertising. That is why buyers visit REMAX.com more than any other company site on the internet.When a buyer inquires about one of our listings, we are immediately texted with their information so we may follow up in a personal manner. RE/MAX also supplies informative videos on their YOUTUBE channel where buyers can learn more about tax programs, buying a home, short sales, and more.
Thomas J Love RE/MAX Eastern Inc. 215-338-SOLD (7653) www.rmeastern.com
Remax.com On the websites we showcase our listings, we ensure we maximize our exposure with photos, narrative, maps, contact information, and more. Below, is an example of one of our listings as seen on www.remax.com with millions of visitors a month around the globe. When a buyer visits our property online. their contact information is immediately sent to our office so we can follow up with them to answer any questions.
Thomas J Love RE/MAX Eastern Inc. 215-338-SOLD (7653) www.rmeastern.com
Property Promotion Realizing that over 80% of buyers begin their property search online before ever talking with a real estate agent, we make sure our listings are accessible by millions of consumers every day. Here are some websites that showcase our listings and virtual tours in addition to thousands of other websites that have reciprocal relationships with our TREND MLS system.
Thomas J Love RE/MAX Eastern Inc. 215-338-SOLD (7653) www.rmeastern.com
Record & References Please contact any of our personal references:
David Elkins Vice President/Senior Home Loans Manager Bank of America Home Loans 2150 County Line Road Huntindon Valley, PA 19006 David.Elkins@bankofamerica.com 215-364-6600 x 224 Patricia Craven Vice President of Mortgage Collections Philadelphia Federal Credit Union 12800 Townsend Road Philadelphia, PA 19154 PCraven@PFCU.com 215-934-3530 Todd Owens Eastern PA Area Manager Wells Fargo Home Mortgage M7471-001 140 S. Main Street Doylestown, PA 18901 Todd.A.Owens@wellsfargo.com 267-880-0228 x 13
A Few of Our Recent Sales 345 Basswood Circle Southhampton, PA 19053 635 Cross Street Philadelphia, PA 19147 219 Sharon Avenue Collingdale, PA 19023 7006 Pennsylvania Avenue Upper Darby, PA 19082 1616 E. Mount Pleasant Avenue Philadelphia, PA 19150
Thomas J Love RE/MAX Eastern Inc. 215-338-SOLD (7653) www.rmeastern.com
Our company lists and sells over 200 REO properties per year!
Pennsylvania Areas Served Pennsylvania (PA) Zip Codes: Abington Ambler Andalusia Ardmore Aston Bala Cynwyd Bedminster Bensalem Berwyn Bristol Brookhaven Broomall Broomall Broomall Bryn Athyn Bryn Mawr Buckingham Buckingham Carversville Chadds Ford Chalfont Cheltenham Chester Clifton Heights Colmar Colmar Concordville Conshohocken Creamery Croydon Crum Lynne Danboro Darby Devon Downingtown Doylestown Doylestown Dresher Dublin, Edgemount Essington Exton Fairless Hills Feasterville Flourtown Folcroft Folsom Fort Washington Fountainville
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Furlong Gardenville Gardenville George School Gladwyne Glen Mills Glenolden Glenside Gradyville Gwnyedd Gwynedd Valley Hatboro Hatfield Haverford Havertown Havertown Hilltown Holicong Holicong Holmes, Horsham Huntington Valley Jamison Jenkintown Lahaska Landsdowne Langhorne Langhorne Lansdale Levittown Levittown Line Lexington Lionville, PA Lumberville Lyfayette Hill Malvern Marcus Hook Mechanicsville Media Merion Montgomery Montgomeryville Morrisville Morton Narbeth New Hope Newtown, Newtown Square Norristown Norristown Norristown Norristown
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Norristown Norristown North Wales Norwood Orland Ottsville Paloi Penns Park Perkasie Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia Philadelphia
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Philadelphia 19145 Philadelphia 19146 Philadelphia 19147 Philadelphia 19148 Philadelphia 19149 Philadelphia 19150 Philadelphia 19151 Philadelphia 19152 Philadelphia 19153 Philadelphia 19154 Pineville 18946 Pipersville 18947 Plumbsteadville 18949 Prospect Park 19076 Richboro 18954 Richlandtown 18955 Ridley Park 19078 Royersford 19468 Sharon Hill 19079 Solebury 18963 Souderton 18964 Southampton 18966 Spring House 19477 Springfield 19064 Swarthmore 19081 Telford 18969 Upper Black Eddy 18972 Upper Darby 19082 Villanova 19085 Wallingford 19086 Warminster 18974 Warminster 18976 Washington Crossing 18977 Wayne 19087 West Chester, 19380 West Chester 19382 Willow Grove 19090 Woodlyn 19094 Wycombe 18980 Wynnewood 19096
Thomas J Love RE/MAX Eastern Inc. 215-338-SOLD (7653) www.rmeastern.com
Office Locations THOMAS LOVE CDPE, SFR, SSP, GRI, CRS, RFS Associate Broker, REO Manager RE/MAX EASTERN INC. 215-338-SOLD (7653) tlove@remax.net www.RMEastern.com 7908 Frankford Avenue Philadelphia, PA 19136 2417 Grant Avenue Philadelphia, PA 19114 383 E. Street Road Feasterville, PA 19053
A List of Zip Codes We Service is Available Upon Request