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RISMEDIA, September 29, 2009—Scott D. Coloney, president of Fort Lauderdale-based Foreclosure Response Team (FRT), has announced that McLean, VA-based RE/MAX Allegiance has entered into an exclusive partnership with the company to serve as the exclusive Broker Affiliate representing the Virginia, Maryland and Washington, DC areas. 

The FRT is a national Realtor network with advanced short sale technology, training and loss mitigation services. The firm expedites the sale of residential and commercial properties facing foreclosure, with a specialization in Short Sale transactions. RE/MAX Allegiance will present the FRT program exclusively as a viable and system-wide solution to the processing of Short Sale transactions to their 750 real estate agents, in an effort to offer the resources necessary to help homeowners facing foreclosure, and ultimately close as many short sales as possible. 

According to the company, through FRT’s departmentalized structure, real estate agents are relieved of the cumbersome and complicated tasks associated with loss mitigation and processing of Short Sale transactions, allowing the opportunity to focus on the sale of the home. 

“RE/MAX agents are high-producing agents and statistically, they outsell more properties than any other brokers. In an effort to accomplish our mission of helping homeowners avoid foreclosure, it is necessary to align our loss mitigations services with a reputable group of agents who have the experience and know-how to bring forth a closing, and together with the Foreclosure Response Team, bring the homeowners out of foreclosure,” said Coloney. 

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