RES.NET, initially established in 2003 as an REO management application, has matured into a community for sellers and buyers to manage real estate assets and to connect with the entire supply chain. Since its establishment, RES.NET has continued to grow, creating a network that empowers its community members to expose, connect, and manage all aspects of the real estate transaction.
RES.NET provides an array of functional portals, each specifically designed for various aspects of the real estate industry. By linking the portals together, RES.NET synchronizes a community of business professionals, buyers, and sellers to each other while optimizing communication, automating task management, and centralizing data.
SOLUTIONS FOR REAL ESTATE AGENTS
AMP puts the agent at the center of the RES.NET community, ultimately empowering their position in the real estate transaction. From start to finish, the Accelerated Management Platform (AMP) connects agents to a community of real estate professionals, buyers, and sellers and provides them with tools to accomplish work in the most efficient manner possible. No more managing distressed and traditional properties through different processes and separate systems. Instead, everything is available at your fingertips in one centralized location.
SOLUTIONS FOR ASSET MANAGERS
The REO Portal provides innovative, industry-leading tools to manage the entire process of REO disposition, optimizing communication, automating task management, and centralizing data—ultimately maximizing supply-chain efficiency for servicers and asset managers. The design of the REO dashboard is structured in a way that enables asset managers to manage every vendor, every task, and every detail with ease.
SOLUTIONS FOR MORTGAGE SERVICERS
The Short Sale Portal provides specialists with critical tools to manage the process. Featuring electronic file submission and automated workflow, the portal connects and streamlines the communication between the short sale specialist, homeowner, and agent. Efficiently receive, organize, and distribute homeowner deliverables; support automated offer submissions, evaluations, and negotiations; and track essential closing information.
SOLUTIONS FOR BUYERS
Bridging the gap between seller and buyer, the RES.NET Buyer Portal is comprised of both traditional and distressed properties that have been loaded into the RES.NET community exclusively. In addition to potential homebuyers having exclusive access to properties listed on RES.NET, the available agent database is comprised exclusively of RES.NET AMP agents. These features, along with upcoming enhancements like automated data push to all the major real estate marketing sites and search engines, will further separate the RES.NET Buyer Portal from the status quo known to Web-savvy real estate buyers today.
SOLUTIONS FOR HOMEOWNERS
Homeowners can connect directly to agents through the RES.NET Homeowner Portal. Once connected, agents can assign tasks to homeowners, and homeowners can securely transmit documents and complete questionnaires online, while both parties can monitor the progress of the sale process. Additionally, the Homeowner Portal simplifies the process of selecting a qualified agent by allowing homeowners who are considering a sale to search from a list of local AMP agents.
Web-based software as a service
»»Data Management: All data is stored securely online with 24/7 data access. Data is easily exchanged with your system of record (export/import) via electronic interfaces.
»»Workflow Automation: Industry best practices and defined business rules are implemented throughout RES.NET.
»»Communication Enhancement: Direct lines of communication combined with workflow automation avoids confusion and minimizes errors and omissions.
»»Efficient Data Collection and Management: Business-critical data is collected from multiple sources and stored in flexible underlying data structure. All information within RES.NET is kept at the highest standards of security and availability.
»»Customization: Define the workflow tasks, reminders, and documentation necessary to meet your requirements. Store detailed instruction documents for automated distribution to borrowers and agents. The integrated reporting systems allow easy creation of customizable reports.
HIGH-LEVEL SYSTEM ATTRIBUTES
Seamless Initiation Process
Co-branding and easy-to-follow instructions and navigation allow all users to simply and succinctly initiate the real estate transaction and get moving through the process online.
RES.NET is integrated with servicers, brokers, outsourcers, third-party service providers, homeowners, and buyers. All users access the same system through specialized portals, streamlining processes, storing critical documents/images, and creating a continuous audit trail. System-of-record interfaces ensure continuity of data across multiple platforms.
Comprehensive Vendor Database
RES.NET databases house hundreds of thousands of active registered buyers, registered agents, and third-party service providers.
System-confined messaging ensures all electronic communications related to a specific transaction are recorded and stored for easy audit and reporting at the property level.
Real-Time Tasking, List Approval, and Offer Management
Configurable event triggered and manual tasking, list offer approvals, and logical offer management functionality complete the full circle of the transaction.
User-Configurable Approval/Escalation Functionality
Intuitive approval request and review processes make escalation seamless and transparent.
Robust custom and standard reporting allow data extraction and filtering on nearly every data point in the system.
Granular administration console supports targeted data/function levels from guests to executives. Customizable client settings allow the dictation of system behavior on a client-specific level.
RES.NET provides an array of functional portals, synchronizing a community of business professionals, buyers and sellers to each other while optimizing communication and automating task management