ST9069 Real Estate Brokerage Office / Foreclosed Residential Properties For Sale Dallas County
|
$ 395,000
$11,490,367
$ 79,807
$ 15,000
Asking Price:
Gross Revenues:
Cash Flow:
Value of FF&E:
Opportunity to purchase established real estate brokerage firm that specializes in
disposition of assets (REO properties) for banks and lenders. Services include any
and all aspects of the foreclosure resale process such as handling evictions,
supervising remodeling or repairs of the property as well as the listing and selling
process from start to finish. The company also handles all invoicing/record keeping
with respect to the billing and payments during the entire sales process. Clients
include Fannie Mae, Countrywide Loans, Integrated Asset Services, Bank of
America and Citibank. The professionalism, reputation, efficiency and consistent
follow through have built the company a solid reputation with the lender asset
managers as they are consistently receiving 6-10 asset assignments every month.
Have just under $3,000,000 in current active and pending properties listed with
more on the way. The majority of the listed properties are in Collin and Dallas
counties. Excellent opportunity for an individual with existing contacts within the
REO industry that could bring in even more assignments.
MOTIVATED TO SELL NOW!! Two partners involved neither of whom can operate
the business full time due to commitment in separate, unrelated ventures. Will
consider all reasonable offers and will seller finance the transaction.
Seller will provide on-site training after the purchase, assist in securing retention
of the key employee and all agents, provide on-call telephone assistance after
competition of the training and sign a no competition agreement.
Additional business details are available. You will be required to document your
ability to complete the proposed transaction. For more information on this
residential real estate brokerage business, please contact Stocker Travis at
972-783-1662 or e-mail at stravis@bizdealmaker.com
Year Established:
Number of Employees:
Management Training &
Support:
Reason For Selling:
Facility:
Market Outlook:
Dallas/Fort Worth Businesses For Sale
|
2004
2 Full-Time / 2 Part-Time
Seller will provide 30 days on-site training after
purchase, assist in securing retention of
employees and transfer of supplier relationships,
provide on-call telephone assistance after
completion of training and sign a no competition
agreement.
Partner Situation
Business operates in a 2,100 square foot leasehold
space in a Class B office building in north Dallas
at a gross rent of $1,675/month.. Current lease
term expires 12/31/11 with a renewal option
available upon request.
Excellent market outlook.