March 2005
Mortgage Banking;Mar2005, Vol. 65 Issue 6, p142
This article reports that Realtytrac Inc., Lake Forest, California an online marketplace for foreclosure properties, has launched the RealtyTrac Asset Management System (RAMS), a way for asset managers and real estate agents to post, market, manage and sell real estate properties. RAMS is available as an on-demand service or as licensed software. RAMS is an end to-end solution that enables asset managers and agents to work together seamlessly and expose foreclosure properties online. Agents can post properties, proactively market them and take offers from prequalified buyers, while asset managers benefit from the easy tracking and management of properties to assign agents, calculate return on investment, initiate and monitor tasks, run reports and manage every step of the real estate sales process.


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