Minnesota REO Services
Wilen REO is made up of highly experienced, multidisciplinary professionals who apply their high-level real estate knowledge to a wide range of REO services. The group has methodically built and developed a powerhouse REO practice positioned prominently in the market.
Today, we have assisted over 40 local, global, public, and private lenders and servicers in the sale and valuation of REO, with more than 450 REOs sold representing the lender, over 1,000 assets managed through eviction, and more than 10,000 portfolio valuations completed.
Offering Opportunity & Value
Our thinking reveals possibilities unimagined by other agents and brokers in REO. Together, we move swiftly to capture opportunities for our clients.
MinnesotaREO.com is a fully integrated management platform designed to provide complete task oversight and end-to-end accountability, creating a decisive competitive edge for lender-owned assets.
MinnesotaForeclosures.com is our marketing powerhouse, delivering unmatched visibility for represented REO properties and attracting over 300 visitors daily. Its single-entry, no-code content hub systematically markets and networks property listings through a calculated multichannel sequence to a perpetually expanding database.
Scrupulous Business Practices
The best agents put their asset managers first, informing them of marketplace realities and advising on how to attract the greatest number of qualified buyers. A savvy agent maintains excellent relationships with the community, municipal authorities, other agents, and all members of the asset management team. Because REO cuts across a wide spectrum of disciplines, our group is structured to meet the needs of a diverse client base, across all property types and geographies: Residential, Commercial, Multifamily, Office, Manufacturing, Self-storage, Rentals, Land, Rural properties.
Executing REO Tasks Flawlessly
Our unrivaled industry knowledge and superior workflow includes flawless execution of property visits during redemption, timely property re-keys, ethical and effective Cash-for-Keys visits, rigorous buyer qualification, Broker Price Opinions, open houses and online auction facilitation, Minneapolis / Saint Paul vacant building compliance, Adobe Acrobat Professional text recognition for contracts, same-day valuations, title and closing support, competitive same-day contractor bids, winter property preservation with mobile freeze monitors and pressure tests, facilitation of municipal inspections, eviction coordination, professional photography, and clear, straightforward reporting.
Beyond the Tasks
Our complimentary re-key service with LED lightbox, often saves weeks, if not months, in pre-market time. Co-founder Mike Wilen’s late father once led the Hennepin County Sheriff’s Civil Division and courts, providing our team with unique insights into the intricacies of REO workflow protocols. From valuation to sales, management, marketing, eviction, inspections, and municipal compliance, our professionals handle every stage of REO with the utmost care and due diligence, maintaining a relentless focus on minimizing risk and maximizing property potential for our clients.