Wednesday, February 3, 2010

Special Asset Management - Update

Broker Alliance Management conducted a recent test of our internal assignment process for SAM listings on a SAM Asset Management System (AMS) demo site and accomplished the assignment of 325 assets within 24 hours. We are planning weekly drills for our team to increase our speed and accuracy in getting assets to you.

Your company's SAM February 'to do' list should include continued focus on sales professional registration and rollout of the new agent training module, available free at PREA Center > REO and Special Assets > Downloads > SAM Sales Professional AMS Site Training Module.

There is a 48-hour BPO (Broker Price Opinion) response time requirement on SAM listings Your listing sales professionals should be registered and trained when the batches are released. Buyer agents should also register to become familiar with SAM processes for uploading offers from their customers.

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