The Penrose Team lists and sells bank-owned homes and completes broker price opinions for banks, servicers and asset managers across the Phoenix metro area. Jason Penrose, the team's lead agent and an associate broker with eXp Realty, has been selling Arizona real estate since 1999.

Call (480) 401-1485
Email Jason Penrose

REO Track Record

  • 60 closed bank-owned listings with Jason Penrose as listing or co-listing agent, November 2008 through December 2013

  • $8.9 million in closed REO sales volume over that period

  • 99% average sale-to-list price ratio

  • 44 average agent days on market (69 average cumulative days on market)

  • Past REO listing contracts with IndyMac and OneWest Bank

Source: ARMLS. Closed residential listings marked Lender Owned/REO with Jason L. Penrose as listing or co-listing agent, closed November 14, 2008 through December 13, 2013. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

Today

  • Active on Equator and RES.NET. Current paid memberships on both platforms.

  • Currently handling bank-owned work. The team has an REO listing under contract now.

  • Short sale experience. The team handles short sales regularly and knows the servicer approval process.

  • A full team, not a single agent. Listing, transaction coordination and client communication are handled in house.

  • Local partners. Established relationships with companies that handle clean-outs.

Jason Penrose has sold more than 2,500 homes in the Phoenix metro area since 1999.

What We Provide

  • REO listing services. Pricing, listing, marketing and offer management through close of escrow.

  • Broker price opinions. Interior and exterior BPOs across the Phoenix metro area.

  • Regular reporting. Status updates on a set schedule.

Questions From Asset Managers

  • The Phoenix metro area, including Phoenix, Scottsdale, Mesa, Tempe, Gilbert, Chandler, Glendale, Peoria, Surprise, Goodyear, Buckeye, Queen Creek, Cave Creek, Paradise Valley, Sun City and Sun City West.

  • The Penrose Team maintains active memberships on Equator and RES.NET.

  • Yes. The team handles short sales regularly, working through the servicer's approval process from listing to close of escrow.

  • Call (480) 401-1485 or email jason@thepenroseteam.com with the property address and your timeline, or assign through Equator or RES.NET.

Assign a Property or Request a BPO

Call (480) 401-1485 or email jason@thepenroseteam.com.

The Penrose Team is a team of licensed real estate agents with eXp Realty, 6991 E. Camelback Rd., Suite D-300, Scottsdale, AZ 85251.