How Real Estate Professionals can build an anti-fragile business model with the help of reverifi.com

Non Performing Loans and REO will fuel business for the next 7 years

Being different, doing things differently, and creating a lane of my own was how I built my real estate lending business from the ground up since 2007. In 2020, prior to covid, I believed it was time to bring my vision to help others get creative, create their own lane, and double down on relationships and theories I had established over the years.

Compete to Win, plant seeds, play the long game … and stand out while doing so.

Retail real estate transactions have taken a nose dive for many reasons compounded over the last 2 years. The covid real estate era of near zero rates and rocketing property values was the perfect boom of a life time turned to a perfect storm. Many are locked into sub 3% mortgage rates and have face high tax liabilites if they sell their real estate, so many are doing nothing. Those that can do something argue “They have no place to go”, “there are no deals out there” and “everything is so expensive.

After engaging The 9point8 Collective https://www.9point8.co/ to assist in strategizing and developing what is next for reverifi, it became evident that reverifi is an anti-fragile marketplace that has been created. Regardless of market conditions, there are benefits for everyone, from home owners, the property sellers, to students, to mortgage lenders/brokers, and everyone else ever involved in a real estate transaction.

So what does anti-fragile mean?

Antifragility is a property of systems in which they increase in capability to thrive as a result of stressors, shocks, volatility, noise, mistakes, faults, attacks, or failures.

We can all agree that these market conditions are all of the above and will continue to be, as the ramifications of near zero rates and the covid era shows its cracks as assets and debts continue to break, unwind, and under perform.

“Experts have become amateurs… top producers have become uber drivers … and the noise really is just beginning” says Jeff VanNote, founder of reverifi.com. “I would log onto social media and see someone that just got their license in real estate giving market advice and guidance and I knew that the market was so easy and homes sold themselves and sub 3% rates locked themselves in that there would be heavy humbling downfall of the real estate and lending professional… and reverifi was built to ease the blow and give outside the box avenues of deal flow and earnings to those who wanted to get better and refuse to give”, he added.

Listing agents and real estate professionals in general need to become experts in valuing real estate in real time, specifically investment real estate. Everything in residential real estate really remains the same, and odds are values keep climbing higher in strong earning and income driven markets, with limited inventory to remain the norm for years to come. Valuing real estate for investment or value add purposes remains the visible struggle. It is all about the current cash flow, current usage, and current numbers, with very little focus on future cash flow and upside.

The most lucrative opportunity remains in private lending owned real estate and toxic investment real estate debt, or should I say non-performing loans.

Recently, the OCC cracked down on banks beating the system, which were marking their loans that matured but were modified, or were in default, and then modified, by keeping those loans as perfectly performing loans, when in fact they werent. The Office of the Comptroller of the Currency (OCC) is an independent bureau of the U.S. Department of the Treasury. The OCC charters, regulates, and supervises all national banks, federal savings associations, and federal branches and agencies of foreign banks.

The OCC is now making these banks unload these debts off their balance sheets to gain a true look into the financials and strengths of their balance sheets. Not the muddy water look that all banks show.

More articles will come on how to attack and approach the distressed debt market and relationships but for now, join reverifi.com and start competing to win. Compete with our leaderboard as every day, management at reverifi is dishing out listing leads and introductions on deals and asset types of all sizes.

become anti-fragile to stand out and excel in this market environment.

For inquiries contact Jeff VanNote at jeff@reverifi.com or by phone at 914–486–0212