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Rasmus Reeal Estate Group, Inc.
Private
Industry Real Estate
Founded 1995
Headquarters Marietta, Georgia, U.S.
Key people
Jude Rasmus, President
Sean Rasmus, Vice-President
Don Griffin, Director of Operations
Website www.rasmusrealestate.com

Rasmus Real Estate Group is Group is the largest real estate owned (REO) and foreclosure agency in Georgia. It was found in July 18, 1995 by the couple Jude Rasmus and Sean Rasmus, and has strictly sold REO/foreclosures since its inception. Rasmus Real Estate currently has one main office located in Marietta, Georgia, two subsidiaries Real Property Tax Appeals Group and The Short Sale Guru, and three affiliate offices: Athena Real Estate Group (Athens, Georgia), Palm Isle Real Estate Group (Sea Island, Georgia) and Seaport Real Estate Group (Savannah, Georgia).[1]

Company History[edit]

Early Years[edit]

Jude and Sean Rasmus formed Rasmus Real Estate Group as an affiliate office of RE/MAX Greater Atlanta. In 2002, this couple team sold 1,684 houses and ranked No. 1 sales team[2] nationally on Realtor Magazines’ Top 100 Sales Team transaction sides.[3]At the same year, Rasmus Real Estate Group joined East Cobb Chamber of Commerce.[4]

Expansion[edit]

In 2003, Jude Rasmus, president of Rasmus Real Estate Group, started National Foreclosure Services specializing in foreclosures services, which made Atlanta’s foreclosure accessible nationally. In 2004, Rasmus Real Estate Group departed from its affiliation with RE/MAX. In 2007, Rasmus Real Estate Group ended this national business and started back to focus on the REO market in Georgia. Along with the subprime mortgage crisis in the late 2000s and the increasing number of foreclosure properties, Rasmus Real Estate Group expanded from metro Atlanta area to covering over 300 zip codes, 200 cities and 31 counties in Georgia. Its client includes Fannie Mae, Freddie Mac, Bank of America, SunTrust Banks, Citibank, HSBC and other major banks.

Current[edit]

In December, 2009, Rasmus Real Estate Group found Real Property Tax Appeals Group as its subsidiary after Rasmus Real Estate Group’s clients kept asking for help in seeking property tax reassessment on new bank owned homes. Shortly after in January 2010, Real Property Tax Appeals Group was featured in Atlanta Business Chronicle.[5]

Rasmus Real Estate Group still keeps their specialization in REO business. Currently, Rasmus Real Estate has around 400 foreclosure/REO properties on their inventory list, and closes more than 100 homes per months.

Company Structure[edit]

Rasmus Real Estate Group has Field Inspection Department, Relocation Department, Property Preservation Department, Valuations (BPO) Department, Listing Department, Asset Managing Department, Closing Department, Marketing Department and Business Development Department.

Company Structure[edit]

Original brand identification: Most buyers and agents identify Rasmus Real Estate Group by its dark blue color in their logo and for sale sign. Each the affiliate office has the same logo but with its unique color: Athena has red, Palm Isle has light blue, and Seaport takes after green. New Logo: In October, 2011, Rasmus launched its brand new identity and a brand new website for its main office in Marietta, GA. This logo has an oak tree as well as a hand written Rasmus, which indicate the deep root and the prosperity of the company. Rasmus luxury homes logo was created based on the Rasmus logo.


References[edit]

  1. ^ [1], Rasmus Real Estate Group About & Achievement.
  2. ^ [2], REALTOR® Magazine No.1 Sales Team.
  3. ^ [3], REALTOR® Magazine September 2003 Cover Feature Top 100 Sales Teams: Ranked by transaction sides.
  4. ^ [4], East Cobb Chamber of Commerce.
  5. ^ [5], New biz helps banks sort out property values.

External links[edit]

Category:Real estate companies of the United States Category:Companies based in Marietta, Georgia