Prudential Utah Elite REO

My name is Mark Wilkinson and I have been in real estate sales and management for over 28 years. I have a MBA in Business and have used this education to run my real estate practice like a business.

Like you, my team’s goal is to provide each client with the highest level of service the industry has to offer. We have a proven track record of earning our clients the highest net proceeds and are proud of the dignified reputation we have built in the Utah area. We are fast on our feet and adaptive in nature, constantly tailoring our approach to suit the needs of each individual client and the condition of any market. Under all circumstances, we pledge to offer quality service and uphold the utmost accountability in all business dealings.

I have assembled a specialized team to handle all areas of this market. We have a Full Time REO Business Manager that has been working directly with several Fannie Mae Asset Managers for the last 3 years. She is an expert at managing REO properties from the initial stages through the contract negotiation and transaction maintenance. She has successfully closed over 100 REO properties through different Asset Manager Networks.

My team also consists highly qualified real estate specialists;

We handle all types of residential properties and price ranges. One of our areas of specialization is with high end luxury homes. We have developed unique marketing strategies specifically to market and locate high end buyers to purchase homes in all price ranges. We have taken our service up a notch with more specialized employees and subcontractors that are being managed by a turnkey operation and I am ready to put my team’s expertise to work for you.

We are constantly striving to update and improve our services by attending industry conventions (Five Star & REOMAC) and through continuing education to implement “Best Practices” as defined by the industry.

We have 4 local offices to serve you:

Our goal is simple - to make your job easier and to maximize your return. Let us show you what we can do!

Mark Wilkinson

Prudential Utah Elite REO Division Director

Branch Broker, MBA, CRS, GRI,ABR, SFR

Res.net Professional Member #70282

THE PRUDENTIAL ADVANTAGE

Prudential is the largest and most successful real estate company in Utah County by a large margin! Prudential sold 235% more homes in the last year than their nearest competitor. They have more property listed and under contract than the next five companies combined! Prudential sells approximately 48% of its listings in house.

Prudential Utah Elite handles REO properties for major Financial Institution Companies across the country. We can manage, list, market and sell your REO assets throughout the area all with one point of contact. One of the biggest complaints at Buyers agents have in the showing and selling of REO properties, is the lack of communication of many of other brokerages listing agents. With foreclosure properties driving a huge piece of our market right now and a large selection of inventory, these agents are doing you a grave disservice. It is our priority to provide the type of communication with our peers that will inspire them to continue to both show and sell the REO’s that we have listed.

This is a testament to the connectivity and networking within the Prudential offices. Why list with a small company with limited resources when you could bring to bear the full strength of Prudential International and 250 local agents in 4 offices in Utah County, not to mention the Prudential network throughout the State of Utah.

SERVICES PROVIDED

Property Evaluation and Setup
  ·         Secure, inspect and winterize property;
  ·         Evaluate property condition;
  ·         Provide detailed BPO market analysis with photos;
  ·         Obtain bids for property clean-out, repair and maintenance;
  ·         Evaluate environmental and compliance issues.
  ·         Coordinate any “cash for keys” program or eviction, if required

Marketing
  ·         Establish marketing strategy with financial projections;
  ·         Provide qualified, experienced REO broker;
  ·         Establish tracking/monitoring system;
  ·         Review strategy and pricing every 30 days.

Reporting
  ·         Provide monthly status reports on all properties;
  ·         Provide monthly and year-end summary reports on sold properties;
  ·         Monthly expenditure reporting;
  ·         Retain records for five years.

Property Management
  ·         Supervise repairs and maintenance;
  ·         Monthly inspection reports;
  ·         Select on-site property manager when applicable;
  ·         Timely Payment of Property expenses (optional).

Negotiation and Closing
  ·         Counter, reject or accept offers within approved limits;
  ·         Provide detailed net sheet with all offers;
  ·         Coordinate closing process;
  ·         Ensure timely receipt of sale proceeds;
  ·         Ensure finalization of all services;
  ·         Submit detailed closed file.

REO QUALIFICATIONS

SERVICING AREAS 

All of Utah County: (Primarily focusing on below cities)

All of Salt Lake County: (Primarily focusing on the below cities)

PROFESSIONAL DESIGNATIONS