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Chronos Solutions Hosts Webinar For Agents

Real Estate Online Three BHLast week, Susan Speer of Chronos Solutions, hosted a webinar and below are the highlights from that session:

  • Need agents from Babyville, KY, Pineville, KY
  • 8 new business segments
    • Acquisitions
    • Field services
    • Title and closing services
    • Valuation
    • Loan origination, credit and tax verification services
  • Offices in Los Angeles, San Diego, Rainbow Falls, Al, Austin, and Coppell (headquarters)
  • Goal: “Solutions for the entire mortgage lifestyle”
  • Objective: “tried to build a suite of services that can provide our clients assistance under any one of those umbrellas” (loan origination, loan underwriting, ln closing, servicing, foreclosure, through disposition process)
  • REO- All services incl cash for keys, eviction services
  • Chronos uses:
    • Equator, res.net, olympus (integrated with the pg60 HUD Database
    • When picking an agent, Chronos usually goes by office location, not locations served
  • Works with:
    • Ginnie Mae
    • FDIC- tasking is very specific
    • RES.NET
    • Pyramid
    • Equator
    • US Marshall Serv- determined by property
    • HUD
  • To Agents: “It’s not about you. For us, it’s about finding a buyer”
  • Things they look for in new agents:
    • Experience with REO platforms
    • Ability to meet all timelines
    • Recommendations
    • Capacity matches location
    • Ability to manage expenses/ expense systems
    • Willing and able to read/ follow directions
    • Reliability
  • How to stand out:
    • Be an excellent communicator
    • Follow published guidelines
    • Be the solution, not the problem (be a solution finder)
    • Be prepared and ask questions
    • Good BPO training
    • Camera with date stamp
    • Flexible with technology (some programs don’t work on Mac, etc)
  • With Chronos Solutions:
    • When applying, no paperwork is needed then. You will be put on a waiting list. When and if interested, they will ask for paperwork when ready.
  • Auction service realty bid
    • “Partnering and working with agents in mind”
    • Back end system simplifies process for agents and buyers
    • No market cost to seller, $100 cost for agents

About Author: Kendall Baer

Kendall Baer
Kendall Baer is a Baylor University graduate with a degree in news editorial journalism and a minor in marketing. She is fluent in both English and Italian, and studied abroad in Florence, Italy. Apart from her work as a journalist, she has also managed professional associations such as Association of Corporate Counsel, Commercial Real Estate Women, American Immigration Lawyers Association, and Project Management Institute for Association Management Consultants in Houston, TX. Born and raised in Texas, Kendall now works as the online editor for DS News.
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