In 2007, after achieving significant growth and success in the REO industry, we decided to expand our team in the Metro Detroit market. We have maintained a steadfast focus on REO, navigating through every market trend while also managing a full-scale retail team. Our primary objective is delivering superior performance for our clients. Our proven sales record, consistently ranking in the top 2 for transactions SOLD, demonstrates our ability to exceed clients' expectations and maximize their profits through comprehensive repair bids and extensive marketing.
Albert Hakim and the City Real Estate Team at Remax First provide a full range of Brokerage and Property Management services. Over the past 20 years, Remax First's City Real Estate Team has achieved the highest number of property sales in the Metro Detroit area. Currently, we manage over 200 assets under our Property Management division.
Our experience in liquidating over 20,000 distressed properties has allowed us to establish efficient workflows and effective systems for asset disposal, as well as managing Residential and Commercial Property Management and liquidation. With eight real estate offices throughout Metro Detroit and a team of over 250 agents, our staff includes a real estate appraiser, transaction coordinators, and an in-house title company. We take pride in our stable workforce, where the average tenure extends through the recent REO Boom, the market downturn, and the subsequent upswing.
We regularly engage with multiple asset managers and hedge funds, both experienced and new, which has underscored the importance of clear and consistent communication. Our primary goal remains to keep our clients well-informed and regularly updated on the status of the assets we manage for them, ensuring they achieve the maximum return on their investments.
We provide a comprehensive range of services, including:
1. Cash for keys Incentives for Vacancy and Relocation Assistance: We facilitate the smooth transition of occupants from the property.
2. Emergency Situations Response: We are equipped to handle unexpected circumstances swiftly and effectively.
3. Timely BPO Valuations and Occupancy Checks: We ensure accurate, on-schedule property assessments and status verifications.
4. Local Municipality Coordination: We liaise with local government entities to check and address potential violations.
5. Property Management, Preservation, and Maintenance: We oversee all aspects of property upkeep, ensuring that properties retain their value and appeal.
6. Trash Out and Utility Management: We handle property cleanup and oversee the management of utilities for seamless operation.
7. Marketing and Investor/Buyer Outreach: We implement targeted marketing strategies and engage potential investors and buyers to facilitate sales.
8. Offer Negotiation and Closing Services: We manage all aspects of the sales process, from negotiating the best terms to closing the deal successfully.
9. Rehabilitation Oversight: We coordinate and supervise the rehabilitation process, working closely with our team to ensure quality results.
10. Weekly and Monthly Property Reports: We provide comprehensive, up-to-date reports on property status and performance.