What makes us different? We approach the marketing and sales of foreclosure properties like no other asset management company in the business. Our advocacy roots, public service and industry leadership gives us a unique perspective on how the business of foreclosures SHOULD BE handled so that it contributes to the strength and growth of families, neighborhoods and communities.
Our consumer strategy is geared to turning foreclosure properties into affordable housing for minorities as well as first-time homebuyers. We work with nonprofit counseling agencies, state and local government agencies, multicultural real estate professionals and others to turn these prospective buyers into homeowners and foreclosure listings into sales. The multicultural buyers will represent 70 percent of all future first time homebuyers. Through our network of real estate brokers with deep connections to these minority communities, New Vista can help to create demand for our REO listings.
Leveraging the strength relationships with the leading nonprofit housing agencies and housing counselors in the country, New Vista can identify future homeowners that have had homeownership counseling and are ready to purchase a home. Our relationships with leading nonprofit enable us to identify available grants and subsidies that low to moderate-income buyers can use to buy a home. We connect buyers and foreclosure properties to create win-win transactions for consumers and our clients. Also by relying on homebuyers rather than investors, our brokers are able to secure a strong future for their homebuyers and help to stabilize communities.
New Vista is the only minority-owned asset management firm in the nation with our business and community focus. Our unique ties to the minority real estate community enable us to attract top-tier multicultural professionals that can market foreclosures and support homeownership. Our background also makes New Vista an attractive partner for companies seeking to enhance its supplier diversity performance and help support community development.
Our partnership with ETCREO, a long standing REO disposition firm, enables New Vista to deliver talent, technology, capacity and high quality service to all its clients.
New Vista uses the latest REO technology. Our clients have access to automated valuation models, an online automated management system, and latest servicing tools. New Vista clients also have access to real-time and performance-based reporting on the status of all properties.