Realtors Property Resource partners with Fannie Mae to improve short sale process

The Realtors Property Resource (RPR) announced this week that it has formed a Strategic Alliance Partnership with Fannie Mae to focus on making the short sale approval process more efficient, benefiting both REALTORS® and consumers.

RPR is a parcel-centric information database of properties around the country that is an exclusive benefit for the more than 1 million members of the National Association of REALTORS®.

Under the partnership with Fannie Mae, there will be an expansion of the bank-owned foreclosure listing information available to REALTORS® through RPR along with the delivery of new and specialized training options. RPR CEO Dale Ross outlines the details of what the partnership means in a blog post, “RPR Announces Strategic Alliance with Fannie Mae.

“The overall strategy is designed to assist in reducing the time for REALTORS® to bring distressed properties to market, as well in a reduction in the time it takes to close the sale of these properties,” said Ross.

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About Stephanie Sievers

Stephanie Sievers is Associate Editor for the Illinois Association of REALTORS®. She serves as Associate Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

2 thoughts on “Realtors Property Resource partners with Fannie Mae to improve short sale process

  1. Thank you RPR. The banking industry has resisted addressing short sale processing. It is about time someone addressed this issue. Maybe now we can work on the log-jam of short sales and get them sold in a normal time frame. That should help to stablize property values.

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