Friday, April 24, 2009

We Were on Fox6 News

Today our BankerMLS site is getting extra traffic, more than usual. This morning alone we have over 1800 unique hits to our site— We were featured on Fox 6, WBRC-TV, news. Check out the story from Fox6. Now is a good time to act on foreclosures.

Thursday, April 23, 2009

Who is Responsible


With foreclosures still on the rise another issue has become clear. Who pays to keep a property clean and maintained before the bank takes the title officially? In Florida it looks as though the taxpayers will be paying the bill according to the Orlando Sentinel. Banking lobbyist are moving forward with a measure for the taxpayers to be responsible monetarily for the services rendered for the foreclosed properties.

This is an interesting debate. You can't charge the home owners because if their home is in foreclosure you can't exactly bill them, the bank doesn't officially own it without the title, and the taxpayers of course don't take ownership physically. So who should pay for the properties in question? I guess we'll have to wait and see how it pans out in Florida, then see if other states follow suit.

Tuesday, April 21, 2009

BankerMLS Forms Partnership with ERA Real Estate

Press Release

Birmingham, Ala., April 13, 2009 – BankerMLS (www.bankermls.com), a web-based application designed to enable financial institutions to obtain maximum exposure and value for repossessed assets, announced today that it has formed a partnership with ERA Real Estate (www.era.com) franchises throughout the state of Alabama.

The partnership will provide BankerMLS customers in the state of Alabama with additional resources and expertise in the area of foreclosures. The overall goal is to enable banks utilizing BankerMLS to liquidate their foreclosed assets in a more timely and efficient manner. ERA Real Estate will provide the banks with additional information on the properties they have and a realtor resource who can help them manage their transactions.

“We are pleased to welcome the ERA franchises across Alabama to our team,” said David Brasfield, CEO of TriNovus, the company that developed BankerMLS. “ERA is a trusted name in real estate and by incorporating their network and tremendous industry experience, we believe they will be an integral part of the BankerMLS solution.”

“We are well aware that times are tougher than ever for banking institutions,” said Jeff Newman Broker/Owner of ERA Oxford Realty in Birmingham, AL. “We are ready to step up to the plate to assist the banks with managing and controlling the growing foreclosure problem. BankerMLS will provide us with a gateway to form meaningful relationships with banks throughout the state of Alabama,” he said.

ERA franchises interested in a partnership with BankerMLS can contact Randy Goggans at 205.991.5636 or Jeff Newman at 205.296.4488.

About ERA Real Estate
ERA Real Estate franchises have been in business for over 30 years and are located throughout the United States, as well as being in over 50 countries and territories. ERA stands for Electronic Realty Associates and has been the leader of real estate technology since the 1970’s, beginning with the use of the fax machine. For more information on ERA Real Estate please contact Jeff Newman at 205.296.4488 or visit www.era.com. For a list of ERA partners in the state visit www.bankerMLS.com.

About BankerMLS
BankerMLS is a web-based application targeted to financial institutions that allows them to obtain maximum exposure and value for repossessed assets. BankerMLS is a product of TriNovus, a Birmingham, Ala.-based company founded with the goal of delivering relevant technology solutions to the marketplace. For more information on the BankerMLS product visit www.bankermls.com or contact David Brasfield at 205.991.5636.