LANCE SNEDDEN
Herriman,UT
Summary
Accomplished Property Manager with progressive industry background and decisive leadership style. Offers strategic planning abilities, background in change management and forward-thinking mindset. Ready for challenges and focused on meeting future demands. Excellent employee development, customer service and analytics skills coupled with more than 23 years of experience. Comfortable engaging in all areas of real estate management.
Overview
18
18
years of professional experience
3
3
Certifications
Work History
REO Asset Manager
VWH Capital Management
10.2022 - Current
- Servicer oversight for portfolio performance, sales strategies, auction oversight and property disposition.
- Maintained close watch on financial and operational performance of multiple funds and made proactive adjustments to achieve desired outcome.
- Reviewed Servicer contract reports, bid proposals and requirements for accuracy and processing.
- Participated in asset analysis, appraisals, rehabilitations and sales of foreclosed properties.
- Wrote or updated standard operating procedures, work instructions or policies.
- Collaborated with servicers to provide due diligence functions for acquisition and management of real estate funds.
Assistant Vice President
SELENE FINANCE
01.2021 - 10.2022
- Responsible for advising and structuring/restructuring real estate investment transactions for real estate and rental funds. These include: Income-generating rental assets, high value renovation projects, distressed asset sales, and corporate real estate portfolio oversight.
- Disposition evaluation, qualitative analysis of business models for REO, renovation and rentals, past and projected financials, comparable analysis, and a transaction feasibility.
- Advise real estate firms, investors, and funds on strategic planning and investment for optimal execution including auction and retail assets.
- Managed a $180,000,000 real estate portfolio comprised of 800 residential properties.
- Communicated with leadership teams to assist with administrative initiatives and decisions to support policy changes.
- Handled administrative systems to assist senior leadership and 6 staff members in the management of property oversight for rental, renovation, eviction, title, closing and asset management.
- Reviewed, identified, updated and prioritized strategic initiatives to provide comprehensive support to senior leadership.
- Produced reports outlining financial data to assist management with making strategic plans and operational decisions.
- Established team priorities, maintained schedules and monitored performance.
Asset & Repair Manager
SELENE FINANCE
10.2014 - 01.2021
- Asset management, special assigned projects, contract negotiations, curative title, construction management, sales, marketing and closings.
- Developed internal systems, bid forms, work orders and repair management for national portfolio of foreclosure properties.
- Proven track record of performance in a fast paced, high-volume sales oriented environment.
- Managed high value/luxury property portfolio.
- Review and approve discretionary expenditures up to predetermined dollar amounts in order to ensure compliance with corporate expense guidelines and delegated authority.
- Oversaw construction, rehabilitation, repair portfolio consisting of 130 national properties; evaluated local market conditions, collaborated with executives and shareholders to identify and manage services, defined / monitored timeline, and supervised vendors and contractors.
- Monitored litigation, foreclosure and portfolio liquidation proceedings to deliver maximum ROI to investors.
- Evaluated appraisals, broker opinions and current market data to derive internal valuations and implement property strategies from pre-foreclosure through sale of asset.
- Reviewed contract reports, bid proposals and requirements with senior management for accuracy and processing.
- Kept detailed track of asset maintenance and potential future costs to accurately portray data and advise clients.
- Participated in asset analysis, appraisals, rehabilitations and sales of foreclosed properties.
- Collaborated with investment firms and private real estate investors to provide due diligence and underwriting functions for acquisition and management of real estate portfolios.
- Appraised acquisitions based on title and deed restrictions, property liens, rehabilitation budgets, closing costs and projected resale values.
- Evaluated transactions and reporting for adherence to applicable regulatory guidelines and data integrity.
- Maintained close watch on financial and operational performance of multiple funds and made proactive adjustments to keep portfolios in conformance with plans.
Director & Sales Manager
GREEN RIVER CAPITAL
10.2010 - 10.2014
- Directed a 13-member high-performance team of real estate and valuation professionals for multimillion-dollar business.
- Defined and implemented detailed policies and procedures for real estate sales, including liquidation of bank-owned assets and documentation requirements for retail real estate division comprised of multiple clients.
- Leveraged expertise to direct integration of repair methodologies into property valuations.
- Development and implementation of customizable Web-based platform used to manage 6,000+ properties across the U.S.; designed reports for clients, investors, and executives using Rich Client, Business Intelligence and Excel.
- Hired and directed teams to achieve daily and long-term operations and business goals.
- Worked closely with organizational leadership and board of directors to strategically affect operational direction.
- Established performance goals for each department and provided feedback on methods for reaching those milestones.
- Collaborated with management and fellow supervisors to organize operations and achieve demanding schedule targets.
REO & Construction Manager
406 PARTNERS
04.2005 - 07.2010
- Served as Manager for Valuation division with 44 contracted appraisers and staff tasked with reviewing appraisals to evaluate accuracy and due diligence for nationwide client base.
- Served as Manager for Real Estate division with accountability for 21-member team, due diligence, purchasing, and managing transfer of bulk purchases of Bank Owned assets valued at $250M.
- Evaluated subcontractor bids and identified most qualified and economical candidates, establishing advantageous contracts and cutting costs.
- Guided and directed third-party inspectors through project construction, commissioning and closeout.
- Managed day-to-day operations associated with 100+ contractors, internal staff members and database creation/management.
- Ensured timely and accurate processing of $1.3M in monthly accounts payable.
- Led recruitment and training to develop high-caliber team able to perform all aspects of real estate servicing.
- Oversaw construction, rehabilitation, repair, and maintenance projects for 1,800 properties; evaluated local market conditions, collaborated with executives and shareholders to identify and manage services, defined / monitored timeline, and supervised vendors and contractors.
- Created policies and procedures for Valuation, REO, and Construction operations, as well as contractor specifications for rehabilitation projects.
- Orchestrated risk assessments and quality assurance reviews to verify compliance with requirements and proactively identify gaps in policies, procedures, and business practices.
- Developed spreadsheet models for diverse projects and analysis.
- Created and maintained precise and accurate models, charts and reports.
- Monitored and analyzed financial, statistical and operational data trends.
- Managed construction schedules to achieve adequate project coverage.
- Created estimates, specifications and other project documents.
- Verified completed projects met approved time, quality and cost estimates.
- Reviewed project scope, required materials and labor pricing to develop competitive bids.
- Remained up-to-date on best housing and building practices and negotiated pricing and schedules.
Skills
- Business Growth and Marketing Strategies
- Operations Oversight
- Project Oversight
- Policy Compliance
- Project Management
- Market Trend Analysis
- Staff Management
- Process Management Oversight
- Process Improvement
- Sales and Marketing Leadership
- Industry Best Practices
- Portfolio Management
- Comparative Market Analysis
Certification
- Licensed Real Estate agent - 2009 to Present
- Licensed General Contractor - 2023 - Present
- Certified Home Inspector - 2006
Hobbies
Family Time at The Lake - Sports Coach - Woodworking - CNC Operation - Travel - Photography - Everything Real Estate
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
Every problem is a gift—without problems we would not grow.
Tony Robbins
Timeline
REO Asset Manager
VWH Capital Management
10.2022 - Current
Assistant Vice President
SELENE FINANCE
01.2021 - 10.2022
Asset & Repair Manager
SELENE FINANCE
10.2014 - 01.2021
Director & Sales Manager
GREEN RIVER CAPITAL
10.2010 - 10.2014
REO & Construction Manager
406 PARTNERS
04.2005 - 07.2010
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