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RE) Listing Feedback
Home » Products » Foreclosure Feedback » Summary

  1. Summary
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Real Estate Short Sale & Foreclosure Feedback System

Foreclosure Feedback is a foreclosure feedback system to help you work with asset managers to assess pricing and marketing decisions for their real estate short sale and foreclosed listings.

Foreclosure Feedback helps you harness the power of feedback so asset managers can document their files to justify any price reductions in order to liquidate their properties according to market conditions. Once asset managers see what showing agents and their buyers are saying about their real estate short sales or foreclosed listings, they will have the information they need to get the property sold.

Foreclosure Feedback is a web-based REO listing feedback system that can be used by individual realtors, real estate teams, or real estate brokerages. Works great for real estate short sales and foreclosures.

 

Foreclosure Feedback Benefits

  • Provide Asset Managers the information they need; they get a copy of the feedback provided by the showing agent and know exactly what potential buyers think of the property.
  • Asset Managers can access all of their listings and associated feedback they have listed with you using one login.
  • It helps with price reductions as asset managers won't be able to argue with the feedback coming straight from the buyer's agents and their clients saying that they think the home is overpriced.
  • Tailored for use on REO/foreclosed listings by featuring specific fields to identify the loan number associated with the property.
  • You'll save time by allowing Foreclosure Feedback to follow-up with the buyer's agents to gather feedback after a showing.
  • Win REO listings over competitors by adding the service to your website and listing presentation to show potential asset managers what you provide with this foreclosure feedback system.
  • Works with Listing Sync and Showing Sync to connect to your MLS and electronic lockboxes to eliminate the need for data entry.
  • Dashboard allows you to monitor feedback activity while providing quick access to system features.
  • Available in Showing Suite bundles and integrates with our entire line-up of realtor software.

Screenshots


(click to enlarge images)


Get a glimpse of what's inside a Foreclosure Feedback account by checking out the images above.

 

How it works

Whenever one of your real estate short sale or foreclosed listings is shown, the buyer’s agents’ contact information is entered into the Foreclosure Feedback system.

Showing information can be manually entered into the system, or automatically pulled from SentriLock or Supra lockboxes via Showing Sync.

Foreclosure Feedback will then follow-up through a series of emails requesting feedback from the buyer’s agent and their clients.

Once the buyer’s agent responds to the feedback request, Foreclosure Feedback will then distribute the responses to both the listing agent (you) and the asset manager. If the showing agent fails to respond, the system will notify you and the asset manager.

Additionally, the asset manager can login to their private account to see the information you have gathered for all of the REO listings they have listed with you, including showings, feedback provided by the buyer’s agents, statistical reports, comments you have left, and more.

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