Joann Price
MANSFIELD,TX
Summary
Real Estate Asset Manager with over 20 years of experience in the Real Estate and Mortgage Industry. Successfully managed a portfolio exceeding 300 real estate assets while maintaining strong vendor relationships. Expertise in the REO process with a focus on production quality and operational excellence. Demonstrated leadership and organizational skills, complemented by a detail-oriented approach and knowledge of Single-Multi Family real estate
Overview
16
16
years of professional experience
Work History
New Home Sales Assistant
JWILLIAMS Staffing
Irvine, California
05.2024 - Current
- Deliver excellent customer service to prospective buyers and Real Estate Agents.
- Opening and close community sales office and model homes.
- Responded to customer inquiries promptly and professionally via phone or email.
- Coordinate/Assist potential buyers with purchasing questions and timeframes for their dream home completion.
- Manage and generate sales using model homes and local resources.
REO/Foreclosure Specialist V (REO Asset Manager)
Fannie Mae
Plano, TX
01.2010 - 10.2020
- Coached teams of Asset Managers, Real Estate Agents, Repair Specialists, Title Specialists, and Closers in the management and sales of REO properties to mitigate credit loss with a balanced approach to liquidate real estate.
- Significantly exceeded expectations in production, sales and disposition goals and execution averaged 105%.
- Managed a portfolio of company owned assets with a value up to $300 million, with successful disposition of assets in excess of 5,000 properties (Mix of SFR-FOURPLEX).
- Reviewed, analyzed Brokers Price Opinions (BPO), Automated Valuation Model (AVM), and Appraisals to help determine assets fair market value through comparative market analysis.
- Trained/Mentored and developed real estate agents to ensure maximum performance and compliance with company policies, procedures and the REO process.
- Formulated marketing strategies which included Repaired vs AS-IS to best position the asset for maximum profitability in the local market.
- Evaluate and negotiate property purchase offers, with regard to researching BPO (Broker Price Opinion) and property valuation information from brokers, and various vendors, to obtain best price for the company.
- Developed reporting methods to ease the calculation and monitoring loss of severity and expenses incurred during asset management.
- Ensured that properties adhered to local, state, and federal regulations, which included prohibiting any form of discrimination in operational practices.
- Provided presentations to Sr Management advising of market trends and best strategies for difficult market areas.
- Coordinated, hosted, and lead monthly brokers conference calls to ensure the consistent communication to our broker network and lead team sales meetings.
- Served as a member of the Asset Management Advisory Board.
- Traveled to markets and met with brokers and vendors to enhance knowledge of real estate market.
Skills
- Analytical and organizational skills
- Negotiation expertise
- Project management
- Communication and interpersonal skills
- MS Office proficiency
- Knowledge of FHA, VA, and conventional loans
- Customer service excellence
Timeline
New Home Sales Assistant
JWILLIAMS Staffing
05.2024 - Current
REO/Foreclosure Specialist V (REO Asset Manager)
Fannie Mae
01.2010 - 10.2020