Res.Net (Short Sales Portal)

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Res.Net (Short Sales Portal)

Word is Res.net is working on a Short Sale portal ** COMING SOON. This group is established a flow of information on this new tool for Short Sales.

Members: 69
Latest Activity: Aug 26, 2016

According to Res.net support, the are working on a Short Sale portal. There was no more information provided with dates or servicers that will be on the portal. see http://res.net/#

RES.NET - support for both Res.net and Res.net/AMP = 800-760-7036 Customer Service
They have a Feedback email address: [email protected]

TO ENHANCE ..... Res.net - AMP
Res.net/AMP is under the same website as Res.Net. Once you pay for the enhancement - your profile is upgraded to AMP version. Here is what AMP can do for you and your business:
By putting the full power of RES.NET in agents' hands, AMP allows agents to:
---Market Themselves To REO Asset Managers - By providing asset managers access to credentials, certifications, and marketing material at the time they are selecting listing agents, AMP agents gain a competitive advantage and better opportunities to expand their business.

--Access Prior Documents - Any BPOs, documents, photos or other files that are uploaded to RES.NET through AMP can be retrieved by the agent at any time in the future.

--Keep Records Of Past Activities - AMP maintains a history of all prior tasks and correspondence.

--See More Of What Asset Managers See - Agents now have access to more property data and task status information.

--Better Integration With The RES.NET Community - AMP improves communication and task management with RES.NET's network of leading real estate professionals.

I asked for a list of servicers that use Res.net and was told they could not give that out due to the privacy agreement they have with the servicers.

I will update as I hear and ask that you do the same.

Discussion Forum

What servicers do you work with on Res.net?

Started by Rosemary Brooks. Last reply by Neil L. Sep 25, 2014. 1 Reply

I thought it would be a good thing to share the servicers that we know use Res.net. Do you know of any servicers that have announced they will be using Res.net to do their short sales? or REOs.

Tags: Sales, REOs, Short, Equator, Reotrans.com

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Comment by Alexis Adams on September 25, 2014 at 7:40am

Hi Neil: you can call and get a free account: 1-800-760-7036 (press 2 when auto system answers), let them know you are doing a short sale with Caliber Home Loans and you want a free account.  They get three pieces of information from you: 1) Name, 2) Phone Number, 3) Email Address.

Then let your contact at Caliber Home Loans know that your account is set up and they will invite you to the property. 

Honestly, the website is kind of a pain and it's not overly efficient but it is what it is! 

Comment by Neil L. on September 25, 2014 at 12:42am

Is there a free option to manage short sales with Res.net? I just got a file from someone with caliberhomeloans and they require it: https://www.caliberhomeloans.com/short-sale-assistance.aspx

Comment by Rosemary Brooks on June 3, 2011 at 4:55pm
I do not know anything about Vericrest at this point.  I did some research and ran up on a review that said that Vericrest did a pretty good job with their short sale.  We (Central Valley Realtist Association) are having events and Res.net is one of our guests.  I will ask that question to see if I can get some feedback to bring back.
Comment by Wendy Rulnick on June 3, 2011 at 3:43pm
Vericrest is starting with Res.Net on June 6.  What is your experience with it?
Comment by Rosemary Brooks on June 15, 2010 at 1:57am
Thanks for the list Michael Shannon. Please add to that list: Chrisley Asset Manager.

And you are correct, the assigning is done by other than the Asset Manager. I found that out back when Assetlink was active.. they changed over to having it done either by their manager or some other entity.
Comment by Michael Shannon on April 8, 2010 at 8:32am
BTW - Asset managers don't assign agents any longer, and they haven't in about 2 years. It doesn't matter how much you market to them...or buy them lunch, or dinner, etc. Assigning properties is now handled by premarketing departments and vendor managers people who aren't using AMP.
Comment by Michael Shannon on April 8, 2010 at 8:29am
LIST OF KNOWN RES.NET USERS

IAS
CITIFINANCIAL
BEAL
OLD REPUBLIC
SPECIALIZED ASSET MANAGEMENT
EXCELLEN
FINANCIAL ASSET SERVICES
PMH
USRES
GOODMAN DEAN
PHOENIX ASSET MANAGEMENT
SUNTRUST
FALCON ASSET MANAGEMENT
NEW VISTA/ETC
Comment by Rosemary Brooks on February 17, 2010 at 4:59pm
I hear Chrisley Asset Management is now getting into the short sale business. I wonder if they will continue to use Res.net as their system or if they will conduct short sale business on Reotrans or another system?
Comment by Rosemary Brooks on February 1, 2010 at 9:09am
Res.Net has picked up another client: Excellen
I know this is for REOs and BPOs but it is worth knowing.

Res.Net has said they are working on short sale task management as well.
Comment by Rosemary Brooks on January 8, 2010 at 8:19am
Res.net/AMP is really cool! So much easier to manage the property. This is a thumbs up for Res.net.
 

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