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The Real Estate Auction Franchise Provider
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Auctioneers:
Paul Spere
(951) 830-7826
Jennie Spere
(909) 772-6570
Mailing Address:
The Auction Portal, Inc.
10700 Civic Center Dr., # 100B
Rancho Cucamonga, CA 91730
Phone: 951.830.7826
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Maximize Profits by Turning your REO Portfolio Quickly
Traditional REO Holding Costs - 6 Months
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PAX Forward Flow - 75 Days
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| Commission 5% on $450K |
$22,500.00 |
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Commission |
$0.00 |
| BPO |
$100.00 |
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BPO - (free / placement of 5 or more REOs) |
$0.00 |
| Daily Costs (based on 180 days @ $250) |
$45,000.00 |
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Daily Costs (based on 75 days @ $250) |
$18,750.00 |
| Title Fees |
$2,000.00 |
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Title Fees |
$2,000.00 |
| Eviction |
$750.00 |
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Eviction |
$750.00 |
| Cash for Keys |
$1,000.00 |
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Cash for Keys |
$1,000.00 |
| Vendor Management |
$2,000.00 |
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Vendor Management |
$0.00 |
| Maintenance |
$300.00 |
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Maintenance |
$300.00 |
| Repairs |
per REO |
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Repairs |
per REO |
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$73,650.00 |
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$22,800.00 |
| All Costs are Estimates * |
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All Costs are Estimates * |
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A Difference of $50,850.00 per REO!
Why Choose PAX - 30 Days and Gone?
- Live and On-Line Auctions 365 Days a Year
- Non-Contingent Buyers Only!
- No Real Estate Commission Paid by the Bank
- No Negotiating
- 75 - Day Turnaround
- Comprehensive BPO
- Multiple Qualified buyers Bid on your REO's
- Interior Cleaning and Trash-Out
- Yard Maintenance
- Vendor Management
- Occupancy Status
- Auctions Held at the Property
- Comprehensive Marketing Plan and Materials
- Licensed Real Estate and Loan Agents
- Management Reports
- DRE Approved Forms
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| * Cleaning, Maintenance, Utilities, and Marketing Costs to be Determined. |
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