UrbanCiti Realty

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For lenders & asset managers

REO disposition with the reporting discipline your portfolio requires.

For institutional and private lenders, servicers, and asset managers. We take assets from assignment to closing with defensible valuations, clean occupancy resolution, and consistent communication.

Need a BPO sooner? Request a rush BPO →

Have a portfolio for disposition? Submit a portfolio →

Assignment acknowledgment

Same business day

Initial BPO

3 to 5 days, rush available

Status reporting

Weekly, or per your SLA

Asset types

1 to 4 unit, condo, land
REO disposition process

An asset manager workflow, start to finish.

01

Assignment

Acknowledge & secure

Confirm the assignment, inspect, secure, and report initial condition and occupancy.

02

Days 3 to 5

BPO & strategy

As-is and repaired values, repair estimate, and a recommended listing strategy.

03

Occupancy

Resolve occupancy

Occupant contact, relocation assistance offers, or referral to your eviction counsel.

04

Market

List & market

ARMLS listing, investor distribution, and weekly activity reports.

05

Close

Negotiate & close

Offer analysis, addenda, escrow management, and post closing documentation.

BPOs & valuation

Valuations that account for what automated models miss.

Distressed assets frequently carry deferred maintenance, occupancy risk, and title complications that automated models cannot see. Our broker price opinions include interior condition where access allows, itemized repair estimates, as-is and repaired values, and comparable selection notes that explain each adjustment.

Occupied vs. vacant

Handling each asset by its occupancy status.

StatusOur approach
VacantSecure, winterize or de-winterize, utilities, trash out coordination, photo documentation, and routine inspections.
Former ownerRespectful outreach, a move out timeline, and relocation assistance negotiated within your approved limits.
TenantLease review, tenant rights notices as required, and sale with tenant in place or a negotiated move out.
UnresponsiveDocumented contact attempts and referral to your eviction counsel. We do not perform legal proceedings.
Reporting & communication

What asset managers can expect.

Weekly status

Showings, feedback, offers, and market changes

Price reviews

At 30 days on market or on activity triggers

Offer summaries

Net sheets and terms compared side by side

Platforms

Listed on Equator. Updates entered in your vendor portal, such as Equator or RES.NET

Submit a property

Tell us about the property. A disposition lead responds within one business day. Have a portfolio for disposition? Choose that option in the first field.