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.