Q: Why use a Remarketing service?

A: Our remarketing services grant you the ability to utilize your staff and institution to focus on taking a situation of lost capital and move to effectively redeploy that capital back into your portfolio. We understand our clients have goals of their own with Direct and Indirect Lending strategies. We want the opportunity to make a difference within your institution that keeps you moving forward!

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Q: The cost of using a remarketing service seems too great. Can we use our current staff to manage the repossessed assets and have the same results as if I used a Remarketing service? 

A: Most Collection teams within an institution range between 3-5 employees. When an asset is repossessed, you must follow up with the recovery agent ($), time spent on approving charges for keys, assessment any damages or insurance claims ($$), and then arrange for the asset to go to an auction - transport, assignment of sale, follow-up calls and emails, market and auction awareness, title shipment, payment tracking, the list goes on...(more $$$). Our effective and seamless approach removes every single hassle - we prepare, transport, position, call the market, follow-up and close out for the sale of your asset. Our experience and market knowledge is unparalleled. Also, many auctions have numerous fees that vary greatly. Registration Fees? Condition Reports? Detailing? Inspections? No Sale Fees? - RedWalk pays them all to ensure you receive Top Dollar. Always.

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Q: Is there any other benefits to using a Remarketing service?

A: We can name a million, but the most important one is Liability. Our clients have a release of any and all Liability pertaining to the functions and viability of an asset. RedWalk Asset Management assumes all liability in each transaction of every asset that is sold.