Where Real Estate Gets Its Dirt

Bev is back at it…

Beverly Faull

I had a chance to talk with Beverly Faull a couple of weeks ago to get caught up on what she’s working on.  As many of you know, Bev has been in the industry for a long time and was once the CEO of NTREIS and most recently ran the MLS division for FNRES, now LPS Real Estate Group.  Bev has her own consulting company now, Business Critical Consulting, LLC (BCC), and she has recently been focusing on a client, Workforce Resource (WFR), which provides a product  called Down Payment  Resource ℠ (DPR).   According to the WFR website (workforce-resource.com)

“Workforce Resource licenses its proprietary Down Payment Resource℠ online service to professionals across the housing industry to promote awareness of, increase access to and simplify prospective homebuyers’ applications for down payment assistance programs. Using this innovative service, real estate agents, home builders, lenders and housing counselors can quickly match first-time homebuyers with available federal, state and local funding, ensuring those eligible for assistance are provided with maximum opportunities for home ownership, while they strengthen client relationships and increase sales. “

In a nut shell, it appears that they can match qualified listings to down payment assistance programs and provide tools to self-evaluate a potential homebuyer’s ability to qualify for those programs.  Awesome idea!

The first launch of Down Payment Resource℠ is Northstar MLS in Minneapolis-St. Paul, and the next customer is the implementation queue is REALTOR® Association of Miami Dade County.  According to Bev, she and the WFR team, which also includes Lloyd Graves and Warren Andrich (moonlighting?), are pretty busy demonstrating DPR to the real estate industry.

Kind of reminds me of that TV commercial of the guy who dressed in a suit with “question marks” all over who sold directories with names and numbers of “FREE Government Money”.

If the service proves reliable, it sounds like a great tool for real estate professionals and consumers alike.

If you are interested in learning more, call Bev at 520-886-0153 or email her at beverly.faull@businesscriticalconsulting.com

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