Fort Lauderdale, Fla.-based Foreclosure Response Team (FRT), a loss mitigation service provider specializing in short sales, has entered into a partnership with McLean, Va.-based RE/MAX Allegiance. RE/MAX Allegiance will serve as FRT's exclusive broker affiliate, representing the Virginia, Maryland and Washington, D.C., areas.
RE/MAX Allegiance will present the FRT short-sale program to its 750 real estate agents in an effort to help homeowners facing foreclosure and, ultimately, close as many short sales as possible, the companies say.
"Having a viable and highly effective system in place to both handle the growing demands of the market in an efficient and timely manner and provide the manpower required for such a transaction frees up our agents' time – increasing overall productivity," says Davidson Lunger, division president, northern Virginia, RE/MAX Allegiance.
SOURCE: Foreclosure Response Team