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Frank Patrick, Property Preservation and Foreclosure Trash Out Specialist, writes how buying REO Homes is becoming the smart move in today’s housing market.

Scottsdale, Ariz. – July 14, 2010 – According to a recent article in Financial Planning Magazine, the author touts REO Homes as “the best real estate deal.”  Frank Patrick, foreclosure trash out and reo property specialist, recently cited and expounded upon this article in an article of his own.  Frank writes about the record number of foreclosures on the horizon, and the amount of REO Homes that this will bring to the market in the coming months.

In the artilcle on http://www.ASREOS.com, called “REO Listings: A Recognized Red-Hot Opportunity, Frank Patrick explains how REO buyers can generally expect prices that are up to a third less than the previous purchase price. Also, the attractiveness of an REO listing in a time of tight credit and a depressed housing market cannot be denied.

Frank writes, “Since the REO price is usually right, and there’s a good chance that, down the line, the REO buyer will end up making a sizeable profit on the property, there’s no question that the REO home market will continue to be a huge component of the real estate industry for the foreseeable future.”

Frank emphasizes that those interested in making real money in the real estate industry should investigate how to become an REO agent and how to get REO listings. “Training to become an REO agent and learning how to get REO listings will also continue to be a great career choice,” remarked Frank.

The entire article can be found at http://www.asreos.com/articles/reo-listings-a-recognized-red-hot-opportunity.php

Frank Patrick is the founder of The American Society of REO Specialists, or ASREOS.  ASREOS is a national trade association founded in 2008 to assist ASREOS members in making contact with banks, lenders, asset management companies and property preservation companies that need competent REO professionals to service their REO properties.  ASREOS also enables members to network in a professional and supportive environment and offers ongoing dynamic, cutting-edge REO resources to help members grow their business and their own personal performance in the REO marketplace.  ASREOS also provides a comprehensive directory of REO professionals for banks, lenders, asset management companies and property preservation companies.

The online home of ASREOS (http://www.asreos.com), the American Society of REO Specialists, is growing in leaps and bounds to help REO professionals gain a competitive edge and get access to these lucrative listings.  ASREOS is the first REO trade association founded by REO experts, and it features advice from top REO agents, access to an exclusive database of over 130 REO sellers, and profiles of its members in an online searchable directory of REO vendors that banks, lenders and asset managers can utilize when looking for local agents to list and sell their REO properties.  Find out more at www.ASREOS.com.

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 8 years.  In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com

Frank Patrick, founder of foreclosure clean out and property preservation franchise REO RESQ™, writes how lawmakers are forcing banks to maintain foreclosures, and the opportunity that brings to REO agents and sellers.

Scottsdale, Ariz. – July 6, 2010 – In a recent article by Frank Patrick, one of the country’s top property preservation and trash out experts, Frank discusses how local lawmakers all across the country are moving to force the banks and financial institutions who are taking possession of foreclosed homes to perform the necessary property preservation services in a timely fashion.  These moves are being taken in order to prevent these foreclosed houses from taking down whole neighborhoods with them.

In the article titled “The Property Preservation Business Opportunity: Foreclosure Trash Outs Battle The Blight,” Frank describes how situations in Florida, Colorado and California, among others, are forcing local and state legislators to pass laws to help protect neighborhood property values.

“These lawmakers are not alone.  All across the country, communities are getting increasingly frustrated at trying in vain to contact huge financial institutions that are failing to keep abandoned homes in acceptable condition,” wrote Frank Patrick.

“As foreclosures continue to dominate the real estate landscape and legislators are forced to take more and more action, it’s clear that property preservation companies will be in more and more demand – even as many of them are already working 7 days a week to handle the overload of foreclosure trash outs,” Frank continued.

Frank’s nationwide franchise, REORESQ™, is helping entrepreneurs all across the country start up and successfully operate property preservation franchises.  Frank believes that 2010 will provide incredible opportunities for field service companies, property preservation contractors, and trash out businesses.

In addition to being the founder of the property preservation franchise REO RESQ™, Frank Patrick is also the founder of American Society of REO Specialists™ (ASREOS). Patrick was recently featured in Newsweek, The Wall Street Journal and USA Today for his expertise and success in the REO Sales and REO agent training industry.

Read the entire article at http://www.reoresq.com/articles/the-property-preservation-business-opportunity-foreclosure-trash-outs-battle-the-blight.php

For more information on Frank Patrick and REO RESQ™ please visit http://www.REORESQ.com

About REO RESQ™:

REO RESQ™ was begun by two brothers with the perfect blend of credentials – one with an extensive background as a top REO broker, the other with years of experience in construction.   Starting as a small family business in Kansas City, Missouri, REO RESQ™ offered property preservation and default management services to banks, lenders, asset management companies and REO agents.

In the past five years, the success of REO RESQ™ resulted in it becoming the first nationally franchised company providing comprehensive property preservation and asset management services for REO properties.  REO RESQ™ provides the full spectrum of Property Preservation services including:

Inspect – occupancy and property condition inspections

Secure – lock changes, lock box installation, evictions, board ups

Preserve – winterization, emergency repairs, pool service

Prepare – trash & debris removal, janitorial service, landscaping

Repair – repair of minor health and safety issues, code violations

Maintain – ongoing lawn care, maid service and pool maintenance

REO RESQ™ guarantees quality work delivered on your schedule to get your REO listings “ready for market” – and looking their best for a quick sale.  All our franchisees are fully licensed and properly insured – and trained by REO field service experts to provide the level of property preservation service that you desire.  We strive to limit your out-of-pocket expenses while providing world-class service.

REO RESQ™ understands your business – because it’s our business.

For more information please visit http://www.REORESQ.com

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 9 years.  In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com and http://www.REORESQ.com

Frank Patrick, Foreclosure Trash Out and Property Preservation Specialist, writes how buying REO homes are becoming less and less risky.

Scottsdale, Ariz. – July 5, 2010 – According to a recent blog post by Frank Patrick, foreclosure trash-out and reo specialist, although the economy seems to be stabilizing somewhat, the REO market continues to grow by leaps and bounds.  Frank also describes how a whole new wave of foreclosures are due hit the market at any time.

In the blog on http://www.ASREOS.com, called “Foreclosures: Not Just Subprime Anymore,” Frank Patrick explains how many of the forthcoming foreclosures do not involve the risky subprime mortgages that helped bring about our current economic downturn.  Instead, they are more “mainstream” foreclosures caused, in part, by the current unemployment rate.

Frank writes, “Values have gone low enough where first time home buyers are now seeing REO properties as affordable and a good investment.  The problem is that these new buyers are worried about the whole process of buying REO homes – mostly the hidden costs that might be involved in buying foreclosures.”

“A lot of this trepidation comes from the actual physical condition of REO homes.   That’s why we can’t ignore the importance of completing proper Property Preservation services on these houses to make sure the buyer is happy with the look of the property,” Frank continued.  “I believe REO Sellers, brokers and agents all need to work together to educate the public about the REO buying process so that they won’t have these doubts about whether REO purchases are safe.”

The entire blog can be found at http://www.asreos.com/blog/foreclosures-not-just-subprime-anymore.php

Frank Patrick is the founder of The American Society of REO Specialists, or ASREOS.  ASREOS is a national trade association founded in 2008 to assist ASREOS members in making contact with banks, lenders, asset management companies and property preservation companies that need competent REO professionals to service their REO properties.  ASREOS also enables members to network in a professional and supportive environment and offers ongoing dynamic, cutting-edge REO resources to help members grow their business and their own personal performance in the REO marketplace.  ASREOS also provides a comprehensive directory of REO professionals for banks, lenders, asset management companies and property preservation companies.

The online home of ASREOS (http://www.asreos.com), the American Society of REO Specialists, is growing in leaps and bounds to help REO professionals gain a competitive edge and get access to these lucrative listings.  ASREOS is the first REO trade association founded by REO experts, and it features advice from top REO agents, access to an exclusive database of over 130 REO sellers, and profiles of its members in an online searchable directory of REO vendors that banks, lenders and asset managers can utilize when looking for local agents to list and sell their REO properties.  Find out more at www.ASREOS.com.

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 8 years.  In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com

Frank Patrick, founder of foreclosure clean out and property preservation franchise REO RESQ™, writes how foreclosure trash outs continue to be a lucrative new career. 

Scottsdale, Ariz. –May 12, 2010 – In a recent article by Frank Patrick, one of the country’s top property preservation and trash out experts, Frank discusses how the demand for property preservation specialists and foreclosure trash outs will be greater than ever before.  In the article titled “The Property Preservation Business Opportunity: Foreclosures About To Skyrocket Again,” Frank describes how Start-up costs for a property preservation business are minimal, and those who receive the proper expert training can have a property preservation company up and running in a matter of weeks. 

“In the past few years, as the huge number of foreclosures broke record after record, many of those affected by unemployment and the Great Recession found a new and profitable career by beginning property preservation field services companies that serviced, secured and performed trash outs on foreclosed homes. Those people quickly found out that property preservation is the biggest foreclosure business opportunity,” wrote Frank Patrick.  

“REO sales (homes that have already gone through foreclosure) now account for almost a third (29%) of all home purchases. In places like Las Vegas, it’s almost 50%. That’s an incredible amount of homes that require property preservation services and foreclosure trash outs – as well as an incredible amount of opportunity for those willing to try the business,” Frank continued. 

Frank’s nationwide franchise, REORESQ™, is helping entrepreneurs all across the country start up and successfully operate property preservation franchises.  Frank believes that 2010 will provide incredible opportunities for field service companies, property preservation contractors, and trash out businesses.

In addition to being the founder of the property preservation franchise REO RESQ™, Frank Patrick is also the founder of American Society of REO Specialists™ (ASREOS). Patrick was recently featured in Newsweek, The Wall Street Journal and USA Today for his expertise and success in the REO Sales and REO agent training industry.

Read the entire article at http://www.reoresq.com/articles/the-property-preservation-business-opportunity-foreclosures-about-to-skyrocket-again.php 

For more information on Frank Patrick and REO RESQ™ please visit http://www.REORESQ.com 

About REO RESQ™: 

REO RESQ™ was begun by two brothers with the perfect blend of credentials – one with an extensive background as a top REO broker, the other with years of experience in construction.   Starting as a small family business in Kansas City, Missouri, REO RESQ™ offered property preservation and default management services to banks, lenders, asset management companies and REO agents. 

In the past five years, the success of REO RESQ™ resulted in it becoming the first nationally franchised company providing comprehensive property preservation and asset management services for REO properties.  REO RESQ™ provides the full spectrum of Property Preservation services including: 

Inspect – occupancy and property condition inspections

Secure – lock changes, lock box installation, evictions, board ups

Preserve – winterization, emergency repairs, pool service

Prepare – trash & debris removal, janitorial service, landscaping

Repair – repair of minor health and safety issues, code violations

Maintain – ongoing lawn care, maid service and pool maintenance 

REO RESQ™ guarantees quality work delivered on your schedule to get your REO listings “ready for market” – and looking their best for a quick sale.  All our franchisees are fully licensed and properly insured – and trained by REO field service experts to provide the level of property preservation service that you desire.  We strive to limit your out-of-pocket expenses while providing world-class service. 

REO RESQ™ understands your business – because it’s our business. 

For more information please visit http://www.REORESQ.com 

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 9 years.  In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com and http://www.REORESQ.com

Frank Patrick, Property Preservation and Foreclosure Trash Out Specialist, writes how the coming increase in new foreclosures will create a huge opportunity for reo agents, reo sellers and other reo professionals. 

Scottsdale, Ariz. – May 10, 2010 – According to a recent article written by Frank Patrick, foreclosure trash-out and reo specialist, many in the real estate industry predict recovery can only come if there are enough trained REO agents available who know how to properly handle and sell the properties that are likely to flood the market throughout 2010. 

In the artilcle on http://www.ASREOS.com, called “REO Listings: More Foreclosures, More REO Sales,” Frank Patrick explains how the latest numbers regarding foreclosures and REO properties indicate that it’s still an incredible time to become an REO agent and learn how to get REO listings – as there is certainly no shortage of bank-owned properties on the market. 

Frank writes, “The fact is that tens of thousands of loans are coming to foreclosure. And, because of the government simplifying the process, the actual foreclosures will happen twice as fast as in the past – so more REO properties will become available quicker.”  

“There are still about 5 million delinquent home loans out there that will be hitting the foreclosure stage soon.  The big banks are expecting foreclosures to really skyrocket near the end of 2010,” continued Frank. 

Frank emphasizes that those interested in making real money in the real estate industry should investigate how to become an REO agent and how to get REO listings. “Agents with the expertise to do BPO’s (Broker Price Opinions) and handle REO homes will find there is a continuing thriving market with buyers lining up to get a bargain on a home,” remarked Frank. 

The entire article can be found at http://www.asreos.com/blog/faster-reo-sales-faster-recovery.php

Frank Patrick is the founder of The American Society of REO Specialists, or ASREOS.  ASREOS is a national trade association founded in 2008 to assist ASREOS members in making contact with banks, lenders, asset management companies and property preservation companies that need competent REO professionals to service their REO properties.  ASREOS also enables members to network in a professional and supportive environment and offers ongoing dynamic, cutting-edge REO resources to help members grow their business and their own personal performance in the REO marketplace.  ASREOS also provides a comprehensive directory of REO professionals for banks, lenders, asset management companies and property preservation companies.

The online home of ASREOS (http://www.asreos.com), the American Society of REO Specialists, is growing in leaps and bounds to help REO professionals gain a competitive edge and get access to these lucrative listings.  ASREOS is the first REO trade association founded by REO experts, and it features advice from top REO agents, access to an exclusive database of over 130 REO sellers, and profiles of its members in an online searchable directory of REO vendors that banks, lenders and asset managers can utilize when looking for local agents to list and sell their REO properties.  Find out more at www.ASREOS.com.

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 8 years.  In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com 

Frank Patrick, founder of field service company and property preservation franchise REO RESQ™, writes how property preservation professionals and mortgage field service companies can help fix American neighborhoods. 

Scottsdale, Ariz. – May 6, 2010 – In a recent blog post by Frank Patrick, one of the country’s top property preservation and trashout experts, Frank discusses how foreclosed and abandoned homes are causing neighborhoods across the country are losing value, even among those homeowners who have been paying their mortgages on time.  In the blog titled “Property Preservation Trashouts: Fixing The Face of Foreclosure,” Frank describes how it’s time to put property preservation professionals and mortgage field service companies on the job to perform trashouts and necessary repairs as soon as possible to clean up the face of foreclosure. 

“2010 is going to be a very challenging year – because the incredible numbers of homes that will require property preservation services and foreclosure trashouts will undoubtedly break more records. The amount of work is going to be overwhelming. But it’s necessary.  It’s time to face the face of foreclosure. And bring pride back to the American neighborhoods that have been negatively affected by the housing crisis,” wrote Frank Patrick.  

“Because the foreclosure process was traditionally slow and cumbersome – and totally unequipped to handle the massive amount it’s been forced to digest during the Great Recession – more and more vacant homes in more and more neighborhoods have become more and more rundown and in desperate need of a trashout.” Frank continued. 

Frank’s nationwide franchise, REORESQ™, is helping entrepreneurs all across the country start up and successfully operate property preservation franchises.  Frank believes that 2010 will provide incredible opportunities for field service companies, property preservation contractors, and trash out businesses.

In addition to being the founder of the property preservation franchise REO RESQ™, Frank Patrick is also the founder of American Society of REO Specialists™ (ASREOS). Patrick was recently featured in Newsweek, The Wall Street Journal and USA Today for his expertise and success in the REO Sales and REO agent training industry.

Read the entire blog at http://www.reoresq.com/blog/property-preservation-trashouts-fixing-the-face-of-foreclosure.php 

For more information on Frank Patrick and REO RESQ™ please visit http://www.REORESQ.com 

About REO RESQ™:

REO RESQ™ was begun by two brothers with the perfect blend of credentials – one with an extensive background as a top REO broker, the other with years of experience in construction.   Starting as a small family business in Kansas City, Missouri, REO RESQ™ offered property preservation and default management services to banks, lenders, asset management companies and REO agents. 

In the past five years, the success of REO RESQ™ resulted in it becoming the first nationally franchised company providing comprehensive property preservation and asset management services for REO properties.  REO RESQ™ provides the full spectrum of Property Preservation services including: 

Inspect – occupancy and property condition inspections

Secure – lock changes, lock box installation, evictions, board ups

Preserve – winterization, emergency repairs, pool service

Prepare – trash & debris removal, janitorial service, landscaping

Repair – repair of minor health and safety issues, code violations

Maintain – ongoing lawn care, maid service and pool maintenance 

REO RESQ™ guarantees quality work delivered on your schedule to get your REO listings “ready for market” – and looking their best for a quick sale.  All our franchisees are fully licensed and properly insured – and trained by REO field service experts to provide the level of property preservation service that you desire.  We strive to limit your out-of-pocket expenses while providing world-class service. 

REO RESQ™ understands your business – because it’s our business. 

For more information please visit http://www.REORESQ.com 

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 9 years.  In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com and http://www.REORESQ.com

Frank Patrick, Foreclosure Trash Out and Property Preservation Specialist, writes how REO sales and opportunities for REO agents and brokers are soon to increase, due to new HUD classifications. 

Scottsdale, Ariz. – May 4, 2010 – According to a recent blog post by Frank Patrick, foreclosure trash-out and reo specialist, the time it takes for an REO property to hit the market is likely to speed up in the coming months.  This is due to a new classification by HUD of what defines a foreclosed property. 

In the blog on http://www.ASREOS.com, called “Faster REO Sales, Faster Recovery,” Frank Patrick explains how HUD recently changed the definition of what a foreclosure is – by classifying any property that is at least 60 days behind on the mortgage or the property owner is 90 days or more delinquent on tax payments as a foreclosed home. 

Frank writes, “REO sales are accounting for almost a third of all home sales in recent months. And the big banks are expecting their foreclosures to balloon once again at the end of 2010, with some reports estimating REO portfolios will double, triple or even be six times as large by December.” 

“Obviously, if the process had not been streamlined, we would have been staring down a lot of bureaucratic gridlock trying to get all these REO listings taken care of. Thankfully, some positive action was taken,” Frank continued.  “This is an incredibly opportune time for all of us REO agents, brokers and other professionals.” 

The entire blog can be found at http://www.asreos.com/blog/faster-reo-sales-faster-recovery.php

Frank Patrick is the founder of The American Society of REO Specialists, or ASREOS.  ASREOS is a national trade association founded in 2008 to assist ASREOS members in making contact with banks, lenders, asset management companies and property preservation companies that need competent REO professionals to service their REO properties.  ASREOS also enables members to network in a professional and supportive environment and offers ongoing dynamic, cutting-edge REO resources to help members grow their business and their own personal performance in the REO marketplace.  ASREOS also provides a comprehensive directory of REO professionals for banks, lenders, asset management companies and property preservation companies.

The online home of ASREOS (http://www.asreos.com), the American Society of REO Specialists, is growing in leaps and bounds to help REO professionals gain a competitive edge and get access to these lucrative listings.  ASREOS is the first REO trade association founded by REO experts, and it features advice from top REO agents, access to an exclusive database of over 130 REO sellers, and profiles of its members in an online searchable directory of REO vendors that banks, lenders and asset managers can utilize when looking for local agents to list and sell their REO properties.  Find out more at www.ASREOS.com.

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 8 years.  In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com

Frank Patrick, founder of foreclosure trash-out company and property preservation franchise REO RESQ™, writes how it is now a great time to start a property preservation company. 

Scottsdale, Ariz. – May 3, 2010 – In a recent blog post by Frank Patrick, one of the country’s top property preservation and mortgage field service experts, Frank discusses how property preservation has become one of the biggest business opportunities of the decade.  Frank explains how, in today’s economic culture, the average American worker can no longer put their faith in just being employed by big companies.  Downsizing and economic fluctuations cause the job market to be unstable at best.  However, Frank argues that this time of economic uncertainty is actually providing one of the best opportunities for people to start their own business – and a great time to make that business the property preservation business.

In the blog titled “Property Preservation: The New Business For The New Decade,” Frank describes how “in this era of record-setting home mortgage defaults, property preservation is the biggest foreclosure business opportunity in America today.” 

“The banks that end up owning foreclosed homes need them cleaned out, repaired and brought back to market quickly so they can mitigate their mortgage losses. In addition, communities and local governments are demanding that vacant homes be secured and taken care of, before they become safety and health risks, not to mention posing a threat to a neighborhood’s property values and attractiveness,” wrote Frank Patrick.  

“That means a good property preservation company ends up working around the clock to keep up with the demand. Note that I said “good” – because many untrained people are attempting to get into this business that don’t know the special demands of it. Insurance costs, licensing issues, and the expectations of the master contractors that generally hire property preservation companies are all difficult to deal with if you haven’t been educated about them.” Frank continued. 

Frank’s emphasizes how his nationwide franchise, REORESQ™, is helping entrepreneurs all across the country start up and successfully operate property preservation franchises. “Start-up is affordable, training is fast (usually two weeks) and the demand for your services will be strong,” remarks Frank. 

In addition to being the founder of the property preservation franchise REO RESQ™, Frank Patrick is also the founder of American Society of REO Specialists™ (ASREOS). Patrick has recently been featured in Newsweek, The Wall Street Journal and USA Today for his expertise and success in the REO Sales and REO agent training industry.

Read the entire blog at http://www.reoresq.com/blog/property-preservation-the-new-business-opportunity-for-the-new-decade.php 

For more information on Frank Patrick and REO RESQ™ please visit http://www.REORESQ.com 

About REO RESQ™:

REO RESQ™ was begun by two brothers with the perfect blend of credentials – one with an extensive background as a top REO broker, the other with years of experience in construction.   Starting as a small family business in Kansas City, Missouri, REO RESQ™ offered property preservation and default management services to banks, lenders, asset management companies and REO agents.

In the past five years, the success of REO RESQ™ resulted in it becoming the first nationally franchised company providing comprehensive property preservation and asset management services for REO properties.  REO RESQ™ provides the full spectrum of Property Preservation services including:

Inspect – occupancy and property condition inspections

Secure – lock changes, lock box installation, evictions, board ups

Preserve – winterization, emergency repairs, pool service

Prepare – trash & debris removal, janitorial service, landscaping

Repair – repair of minor health and safety issues, code violations

Maintain – ongoing lawn care, maid service and pool maintenance 

REO RESQ™ guarantees quality work delivered on your schedule to get your REO listings “ready for market” – and looking their best for a quick sale.  All our franchisees are fully licensed and properly insured – and trained by REO field service experts to provide the level of property preservation service that you desire.  We strive to limit your out-of-pocket expenses while providing world-class service.

REO RESQ™ understands your business – because it’s our business. 

For more information please visit http://www.REORESQ.com 

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 9 years.  In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com and http://www.REORESQ.com

Frank Patrick, Foreclosure Trash Out and Property Preservation Specialist, gives 4 steps to being consistent and accurate with your BPO’s, helping REO agents increase their REO listings. 

Scottsdale, Ariz. – April 29, 2010 – According to Frank Patrick, foreclosure trash-out and reo specialist, having 100% accurate and complete BPO’s (Broker Price Opinions) is a key ingredient needed for REO agents to have a continuous stream of REO listing assignments. 

In a recent article on http://www.ASREOS.com, called “How To Get REO Listings: Button Down Your BPO’s,” Frank Patrick emphasizes the importance of being accurate and complete with your BPO’s.  “BPO is a tool used by lenders and mortgage companies to value properties in situations where they believe the expense and delay of an appraisal is not necessary,” Frank writes.

Frank lays out in the article a formula that includes four key steps that REO Agents can take to help increase the accuracy of their BPO’s.  “If your adjustments aren’t consistent and on the money, then you’ll be asked to do it all over again – and your quality control score will suffer.    There’s a way to avoid that unfortunate situation – by using the formula in the article to accurately calculate the adjustment,” remarked Frank.

You can learn these four steps by reading the entire article, found at http://www.asreos.com/articles/how-to-get-reo-listings-button-down-your-bpo’s.php

Frank Patrick is the founder of The American Society of REO Specialists, or ASREOS.  ASREOS is a national trade association founded in 2008 to assist ASREOS members in making contact with banks, lenders, asset management companies and property preservation companies that need competent REO professionals to service their REO properties.  ASREOS also enables members to network in a professional and supportive environment and offers ongoing dynamic, cutting-edge REO resources to help members grow their business and their own personal performance in the REO marketplace.  ASREOS also provides a comprehensive directory of REO professionals for banks, lenders, asset management companies and property preservation companies.

The online home of ASREOS (http://www.asreos.com), the American Society of REO Specialists, is growing in leaps and bounds to help REO professionals gain a competitive edge and get access to these lucrative listings.  ASREOS is the first REO trade association founded by REO experts, and it features advice from top REO agents, access to an exclusive database of over 130 REO sellers, and profiles of its members in an online searchable directory of REO vendors that banks, lenders and asset managers can utilize when looking for local agents to list and sell their REO properties.  Find out more at www.ASREOS.com.

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 8 years.  In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com

Frank Patrick, founder of field service company and property preservation franchise REO RESQ™, writes how a properly secured foreclosure can help make a huge difference to a neighborhood. 

Scottsdale, Ariz. – April 28, 2010 – In a recent blog post by Frank Patrick, one of the country’s top property preservation and trashout experts, Frank discusses how foreclosed and abandoned homes are causing neighborhood blight across the country at an alarming rate.  In the blog titled “Property Preservation: Helping Neighborhoods Recover,” Frank describes how having these foreclosed properties properly secured and maintained can make a huge difference in the safety and value of these neighborhoods.

“We all know that property preservation is the biggest foreclosure business opportunity. But it’s also the most important. As I’ve written before, property preservation helps neighborhoods be safer and more secure. Abandoned homes are currently adding to community blight all across the country,” wrote Frank Patrick.  

“The slowness of the financial institutions that own these homes to deal with them has been frustrating to cities everywhere. So they’ve tried to take matters into their own homes. Unfortunately, they’ve just replaced the bureaucratic inefficiency of these financial institutions with their own bureaucratic inefficiency,” Frank continued. 

Citing scenarios in New York City and San Francisco, Frank points out how some local governments are overwhelmed by the number of foreclosed properties and have found it extremely difficult to keep the properties maintained.  

Frank’s nationwide franchise, REORESQ™, is helping entrepreneurs all across the country start up and successfully operate property preservation franchises.  Frank believes that 2010 will provide incredible opportunities for field service companies, property preservation contractors, and trash out businesses.

In addition to being the founder of the property preservation franchise REO RESQ™, Frank Patrick is also the founder of American Society of REO Specialists™ (ASREOS). Patrick has recently been featured in Newsweek, The Wall Street Journal and USA Today for his expertise and success in the REO Sales and REO agent training industry.

Read the entire blog at http://www.reoresq.com/blog/property-preservation-helping-neighborhoods-recover.php 

For more information on Frank Patrick and REO RESQ™ please visit http://www.REORESQ.com 

About REO RESQ™:

REO RESQ™ was begun by two brothers with the perfect blend of credentials – one with an extensive background as a top REO broker, the other with years of experience in construction.   Starting as a small family business in Kansas City, Missouri, REO RESQ™ offered property preservation and default management services to banks, lenders, asset management companies and REO agents.

In the past five years, the success of REO RESQ™ resulted in it becoming the first nationally franchised company providing comprehensive property preservation and asset management services for REO properties.  REO RESQ™ provides the full spectrum of Property Preservation services including:

Inspect – occupancy and property condition inspections

Secure – lock changes, lock box installation, evictions, board ups

Preserve – winterization, emergency repairs, pool service

Prepare – trash & debris removal, janitorial service, landscaping

Repair – repair of minor health and safety issues, code violations

Maintain – ongoing lawn care, maid service and pool maintenance 

REO RESQ™ guarantees quality work delivered on your schedule to get your REO listings “ready for market” – and looking their best for a quick sale.  All our franchisees are fully licensed and properly insured – and trained by REO field service experts to provide the level of property preservation service that you desire.  We strive to limit your out-of-pocket expenses while providing world-class service.

REO RESQ™ understands your business – because it’s our business. 

For more information please visit http://www.REORESQ.com 

About Frank Patrick:

Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager.  As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry.  After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes.  Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 9 years.  In 2007 Frank’s production soared to over 214 sales.

In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes.  Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success.  This year their property preservation business is on track to gross over one million dollars in revenue.  Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.

For more information please visit http://www.ASREOS.com and http://www.REORESQ.com