Bushkill - Thomas
R. Wilkins, CEO, announced the promotion of Dennis Farrelly, Realtor to the
position of General Manager, of The Carl Maurer Team. Said Wilkins, “Dennis has been an important
part of The Carl Maurer Team for a number of years and in Carl’s absence, has
assumed the responsibilities that Maurer had in the day-to-day operations of The
Carl Maurer Team.”
The Carl Maurer Team, which was founded by Carl Maurer in
2003, was specifically designed and tailored to handle REO accounts for a
number of lenders. Said Wilkins, “I’ve
handled the Fannie Mae, Freddie Mac and VA accounts since the very beginning,
even before The Carl Maurer Team. That
means that we’ve worked for these asset managers for close to 15 years.” The Carl Maurer Team was formed by Maurer
and Wilkins when the previous agent who handed these accounts was unable to
continue doing so. Maurer, who did
foreclosure work in New Jersey prior to joining the Wilkins organization,
readily accepted the assignment. With
the first downturn in the market during the Resolution Trust Corporation (RTC)
failure, through the most recent downturn in real estate which occurred approximately
7 years ago, the Team has been a leader in this field.
Under the direction of Carl Maurer, The Carl Maurer Team has
won national awards, State awards as well as having received numerous company
awards during their tenure. Said
Wilkins, “For the past 2 years Carl and his team have been acknowledged as
Emerald Award recipients for the number of transactions done in any particular
year. It is extremely difficult to receive
such an honor when competing with Brokers of all sizes and nation-wide. The Carl Maurer Team has done it for the past
2 consecutive years.”
Wilkins further stated, “You have to appreciate that Carl
and I have been partners with a simple handshake. Those type partnerships you don’t find every
day. He’s quite a man.”
Dennis
Farrelly, who has been a member of The Carl Maurer Team for close to 7 years,
is responsible for securing the foreclosure properties, supervising the clean
outs and getting the units prepared for sale, and solely handles the “Cash for
Keys” which is relocation assistance to the occupant once the property has been
foreclosed on or in some instances as deed in lieu.
“Dennis has excelled in that part of the business for
years. Unfortunately, they do not give
an award solely for that part of the sale.” chuckled Wilkins.
As General Manager, Farrelly will still continue to secure
the properties and ready them for sale, but in addition to that, will be
responsible for the day to day communication with the lenders regarding that
specific asset. A number of foreclosures
today are handled on the Equator platform.
Equator is a software program that handles a particular asset from the
time that it’s secured through the transition and ultimately until the closing
of that property. On a daily basis,
Farrelly will review what is due for a specific asset depending upon where it
is in the sale process. Farrelly will
handle such tasks as making sure the property is cleaned out, it’s been
submitted to the MLS systems, making sure the buyer completes the proper
paperwork per the terms of the agreement and what are the tasks due on a
specific day and time.
Farrelly also will be responsible for the additional
personnel on The Carl Maurer Team, which includes Donna Sorrentino as
Administrative Assistant, Caryn Centini the Buyers’ representative and of
course, Tom Wilkins who is ultimately the Broker responsible to ensure that
everything runs smoothly. Farrelly will
continue to answer to Carl Maurer, Associate Broker and President of the Team.
Farrelly, before joining Wilkins & Associates, was the
sole proprietor of Sneakers Unlimited. For 18 years he had a store that sold
sneakers in (what is now) the outlet mall trading under the name Foxmoor
Village and also at Eagles Glen Shopping Plaza.
Farrelly’s wife, Kathleen, also worked for Wilkins when he owned NEPA
Appraisal Services. Kathleen Farrelly
was a licensed Realtor and Certified Appraiser for NEPA and Wilkins form 1991
until 1997. Kathleen Farrelly along with
Kathy Spitzfaden, her partner, bought NEPA Appraisal Services and today it still
produces residential appraisals for numerous banks making loans for the buyers
and Realtors. Ms. Farrelly plans to
become a part of The Carl Maurer Team and assist Dennis in his
responsibilities. In essence, they will
be a team within The Carl Maurer Team.
“Farrelly is one of the best REO guys in the business.” said
Wilkins. “He knows what to do, when to
do it and makes sure it’s all done satisfactorily.”
The Carl Maurer Team is located at the Bushkill office of
Better Homes and Gardens Real Estate Wilkins & Associates. The office is open 7 days a week from 9 a.m.
to 5 p.m. If you are looking for a
foreclosure, please call Bushkill at (570) 588-3440; ask to be put on Real Time
Data which will give you foreclosures as they come on the market. By tailoring it to a price bracket, school
district or neighborhood, will allow you to get a first-hand view of those
properties available for sale.
The Carl Maurer Team operates in Monroe, Pike, Wayne and
Northampton counties.
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