Know Your Neighborhoods.
REDS: Your Solution for Property Information Management
Maximize Revenue • Improve Efficiency • Grow Your Business
What we do
- Foreclosure Status Reports
- Ownership Change Updates
- Custom Analytics & On Demand Reports
What we can do for you
- Increase Revenue
- Improve Staff Efficiency
- Expand Business Opportunity
What people say...
- Increased Collections...
- Increased Employee Efficiency...
- REDS Staff is Knowedgeable & Accessible...
REDS Features and Services
- Website
- Foreclosure
- Ownership
- Alerts
- Charts
- Reports
- Client Dedicated Website
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REDS provides a one-stop shop for all your property foreclosure and ownership information. Our site is designed and built for the way you work. Together we streamline your business and help you work more efficiently.
Through your own custom portal you will have 24/7 access to foreclosure and ownership information on all your properties. You perform custom searches, set alerts, view HOA analytics and request on demand reports.
- Foreclosure Service
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Our service provides foreclosure data, documents, and status change
updates in a simple, easy to read and searchable format for your
managed properties.
With REDS your properties will not go INTO or OUT OF foreclosure without your knowledge!
- Ownership Service
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More than 40% of all ownership changes do not go through a title company and can be easily missed by property managers. Our monitoring system captures and notifies you of these changes.
- Proactive verse Reactive
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Don’t miss status changes!
With the REDS system you can set customized property change alerts to be delivered to any computer or mobile device.
- Property Analytics
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We provide a variety of targeted analytic tools to help you better understand what’s happening in your business and communicate with your clients.
- On Demand Reports
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In addition to your standard Foreclosure and Ownership updates we offer a series of custom reports. These reports generate revenue, save staff time, and keep your ownership records updated with the latest property changes.
- Ownership verification report
- Foreclosure status report
- Deed history report
- And more...
The realities of property management
After years of research and interviews with property management offices, REDS has compiled accurate, qualified data and statistics about the various methods used to track ownership changes and foreclosure status updates. The following is a sample of what our clients “used to think” versus “what they now know”.
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- Perception
- Very few ownership changes take place without our knowledge. Our accounting system is fairly accurate.
- Fact
- During our client reviews, we indentified on average ownership records were incorrect 7.3 % of the time. The REASON: Over 40% of all ownership transactions do not go through a title company or a responsible party who is obligated to inform all interested parties.
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- Perception
- We feel we will eventually discover the incorrect property owner and collect all fees.
- Fact
- Some fees are not collectible once a second sale is processed if not charged upfront or at the time of the first ownership change.
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- Perception
- Our staff is always aware of all changes in ownership with or without the use of a title company including: Quit Claim Deeds, Special Warranty Deeds and Family Trust Deeds to name a few.
- Fact
- Crafty buyers and investors are playing a shell game with buying and selling properties attempting to avoid management and HOA fees. Reds is the “only source” your office needs to rely on to stay informed and captures “all” of these changes in a timely manner.
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- Perception
- I am not sure how REDS can bring a competitive advantage to our office.
- Fact
- When our existing clients give prospective HOA clients their presentation, the REDS service is a high point of the presentation and usually generates the most questions and interest. Having the added benefits of the REDS service has been one of the deciding factors for many of the new properties our clients have gained. Let us show you how the REDS service gives you another competitive edge.
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- Perception
- Our "current method" of monitoring ownership and foreclosure changes has worked for us in the past and we are sure that we capture all revenue opportunities.
- Fact
- Your business environment has changed immensely in the past few years due to an increase in foreclosure activity, the use of quit claim deeds, and the sheer volume of properties transferred without the use of a title company. REDS is the new standard to track ownership and foreclosure status updates. Using REDS reduces monthly tracking expense, saves time and creates additional revenue.
About Us
REDS
Your Solution for Property Information Management
The chaos of today’s real estate market has sent property and
community managers scrambling to keep up with foreclosures and ownership changes in
their neighborhoods. Records are in disarray and revenue is being lost.
In 2008, at the height of the market crisis, Real Estate Data Solutions set out to
fix this problem. In collaboration with management companies and self-managed community
associations nationwide, the REDS team created a one of a kind web based foreclosure and
ownership tracking system for the community association industry.
Based in Phoenix, a major center for managed communities, REDS is actively working with
industry leading property management software providers and document preparation companies
to deliver a solution that is easy to use and completely accurate and reliable.
Cost reduction, operational efficiency and increased revenue are the building blocks on
which REDS was created. We provide a single source for property ownership data and
foreclosure tracking. Property and community managers working with us are maximizing
their revenue, improving their efficiency and growing their businesses.
Contact us today to find out how we can help you too.
Questions? Just ask.
- Sal Schamante President
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sal@redatasolutions.com
- 480.248.8014
- 480.247.2432
- John Deming Director of Eastern Operations
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jed@redatasolutions.com
- 602.315.4466
- JR Robinson Director of Western Operations
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jr@redatasolutions.com
- 602.315.3274
- 480.496.6505
Our monitoring system provides you with:
Having the REDS Report reduced the number
of employees we need and reduced the
work load of the employees we have. We no longer spend time
and money keeping track of the owners of our properties.
Real Estate Data Solutions does that for us.