Unique to the Real Estate Industry, are the 5 platforms of REOLAS services to the market. This page is designed to give an understanding of the Core Principles and Use of REOLAS Service.
Reolas was created after experiencing personal, emotional and financial loss of time with failed Real Estate transactions.
Hello, my name is Donna Richards, creator of REOLAS.
I had 25 years of experience as a Sales Representative and an Associate Broker.
However, when the Real Estate market crashed in 2007-2008.
Buyers, sellers and all Real Estate professionals associated with the failed transaction experienced a new unimaginable phenomenon. First, we were all shocked that the US Real Estate market crashed.
Never in our wildest dream did we ever considered such destruction would come to the housing industry.
Nationally Buyers, Sellers and all Real Estate Professionals associated with the sale of the property began experiencing the same devastating pain and loss of failed Real Estate transactions all at the same time.
The cry of my heart and the longing for normalcy gave birth to the desire, idea and concept for a pathway to alleviate the pain of the failed transactions and the financial loss which followed.
Examining the 4 sectors of the Real Estate Industry the Rental, Residential, Commercial and the Industrial markets.
Common to all sectors of the market are closed transactions which
flows like clockwork, making everyone happy. Happiness is contagious, and it has a rippling effect which spreads throughout the office.
Conversely a failed transaction has an aura of gloom, brings about a host of unique challenges, additional expenses, delays, and missed opportunities which end in an unfilled contractual agreement, and termination of the contract.