ResCom Holdings, a private equity group focused on distressed real estate and alternative investments, has retained Broker Management Services Inc. (BMS), a division of Active Data Technologies Inc., to provide asset disposition services for properties and non-performing notes that will be procured through bulk acquisition.
“Time is money in our business,” said ResCom Partner-in-Charge, Oliver Wright. “We partnered with BMS because of its tremendous technology solutions that will enhance our profitability, as well as maximize the time it takes to perform the work.”
In fact, in the first quarter of 2012, ResCom placed 341 Real Estate-Owned (REO) assets with BMS, which leverages the marketing power of Foreclosure.com and its unrivaled network of affiliate and partner sites, and sold more than one-third of those assets in less than 30 days. Non-profit organizations, employer groups and real estate agents are also an integral piece of the intricate BMS network that yields results for ResCom.
In addition to marketing, BMS offers a proprietary, fully-configurable asset management platform that is called REflex Technology, which has facilitated the liquidation of properties nationwide since its inception in 2011.