Financial Institution

Financial Institution

Work With RealtyHive And Create the Best Chance to Sell Your OREO

If your institution has had lingering OREO on the market for years, or your company is looking to create more activity on your OREO in general, RealtyHive has you covered with a hybrid sales process to get your OREO sold. First and foremost, this is not a fire sale process! We can work with and enhance your existing Agent's exposure and activity. The process is simple:

  • Schedule a one-on-one consultation with our sales representatives to analyze your properties and provide the best structure for getting them sold.

  • You then decide which properties best fit our hybrid process and sign the marketing agreement. Listings are live within 72 hours.

  • Receive property updates as offers come in, and you decide which prices are most acceptable to you.

We have sold thousands of properties from small lots to multi-million-dollar estates and commercial buildings.

We Work With a Wide Variety of Commercial Categories

At RealtyHive, we sell properties within a number of categories, including:

  • Residential properties
  • Retail properties
  • Hospitality properties
  • Speciality properties
  • Industrial properties
  • Office properties
  • Multi-family properties
  • Vacant Land

Our Unique Event Format of Selling

With years of personal Banking experience and an extensive 30+ years in Real Estate, founder Wade T. Micoley created a system for Financial Institutions to maximize exposure of their properties and create a unique urgency to get their assets sold. This combination of exposure and urgency is proven to produce the highest chance of selling those assets quickly at the highest possible value. This system is simply not a fire sale process to dump properties; in most cases, these lingering OREO properties simply need more exposure and a unique pricing platform. By combining our unique selling methodology with a database of buyers built over years, our vast outreach marketing gets properties seen and sold. All properties on our site are able to sell any time during the process. You, the seller, always make the decision on what offers are acceptable and when you want to sell each asset.

Benefits of Selling OREO and Nonaccural Properties Through RealtyHive

Some of the many benefits of selling OREO or Nonaccural properties through RealtyHive include:

  • Sense of urgency created in a market where sometimes none exists
  • Many cash offers
  • Property sold as is
  • Auction events on a local, regional, national, and global market
  • Fewer contingencies and smoother transactions
  • We can work with your existing agents
  • And much more

More Information

Contact us for a short 18-minute presentation to review how our system can benefit your Financial Institution.

How the Online Auction Works

What Clients Are Saying

"WHEDA has been working directly with Micoley for over 10 years. We value their expertise, ability to handle unique situations and they are always willing to try new techniques to try and liquidate our REO assets as soon as possible."

Wendy Zahler, Mortgage Loan Advisor, WHEDA
From listing to closing, we are here with you every step of the way. Contact us today to learn more about selling foreclosed and other bank-owned properties through RealtyHive.