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Field Asset Services releases REO and short sale management tool

NationalMortgageProfessional.com
Sep 20, 2010

Field Asset Services (FAS), a provider of field services to the real estate-owned (REO) industry, has announced the availability of FAS Direct Services, a new service solution for larger real estate firms, based on FAS’s revolutionary Collateral Command concept. An integrated suite of services, FAS Direct Services eliminates the hassles of property management for local real estate agents and brokers.  “FAS understands that the goal of real estate agents is to move properties fast and not be held back by the time-consuming tasks associated with property management,” said Dale McPherson, president and chief executive officer of Field Asset Services. “FAS Direct Services was created to offload the burdens of property management by providing real estate agents with a dependable solution that delivers the services they need, when they need them and in a recurring business model. By leveraging our more than 15 years of experience providing property management services to the lender community, we’ve been able to build a robust solution for the agent community that eliminates property management challenges and enables them to focus on their job of selling and marketing properties.” FAS Direct Services is an integrated suite of services created to streamline the management of REO and foreclosed properties for real estate agents. Centrally managed by FAStrack, FAS’s state-of-the-art workflow management system, FAS Direct Services enables FAS to deliver agents consistent and high quality service and predictable pricing with a three-day turn around on initial services. Through FAS Direct Services, FAS is able to efficiently oversee all aspects of property management activities from utilities to compliance and proposal while providing real estate agents with an easy way to order, inspect and review preservation and recurring services. In addition, through FAStrack, FAS can enable QA inspections and online tracking. A full suite of FAS Direct Services is available today and includes: ►Preservation: Re-key, lock-out, board-up, trash-out, winterization and other services, as required. ►Maintenance: Landscape, janitorial, winterization, pool maintenance, HOA and code compliance, miscellaneous services. ►Utilities: Relationship management, consolidated billing, flat billing, agent and attorney reimbursements. ►Inspection: Occupancy, pre-sale, compliance and specialty inspections. ►Compliance: Health & safety, security, lawn and landscaping, habitability, building codes, vacant property registration. ►REoMODELING: Project assessment and analysis, project management, project visibility for our customers. ►Repair: Appliance replacement and installation, mechanical and HVAC, plumbing, electrical, structural work, interior and exterior cosmetic improvements, landscaping, exterior lighting and outbuilding repairs. For more information, visit www.fieldassets.com.
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