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Special Advertorial Section Property Valuation Guide Vectra Field Services corporate PROFILE In addition to providing traditional valuation products, Vectra Field Services is a single-source provider of innovative property solutions specializing in pre-foreclosure, vacant, and REO properties nationwide. The company's consultative, boutique-style approach combines inspection, valuation, preservation, and real estate auction marketing services to deliver a streamlined and cost-effective approach to get properties to the market quickly and sold at maximum value. Vectra Field Services ensures maximum investor return, plus the company's efficient process management controls allow for timely completion of work services in accordance with investor, regulatory, and insurer guidelines. Company history key personnel Brice Bishop Co-Founder, President Brian Mingham Co-Founder, CEO National Real Estate Solutions staff ing 75 employees contact information Headquarters: Thousand Oaks, California 877.457.2713 VectraFS.com; ThinkNRES.com Phone: Web: proprietary technology, the data is then captured and reconciled by a local real estate agent to deliver a valuation report that reflects the subject property's true potential in the local marketplace. Competitive Advantage Innovation: The company's RepairSmart BPO takes a revolutionary new approach that leverages software-driven repair cost estimates generated through the expertise of a qualified property inspector with the market and valuation knowledge of a local real estate professional. This collaborative approach not only provides more accurate repair data, but also gives unparalleled insight into what's required to prepare the subject for market and maximize investment. Beyond the valuation, Vectra's services can deliver seamless repair, preservation, and management of the project. Vectra Field Services was formed in 2010 by its parent company, National Real Estate Solutions, initially offering traditional field services to the default space. In 2011, the company expanded its services to assist investors in their due diligence process for acquiring large pools of NPLs and REOs. Through this process, Vectra realized that many clients were ordering valuation and inspection products separately and did not have accurate information to implement the correct disposition strategy for the asset. To address the market void, the company has launched a full line of due diligence solutions including its new RepairSmart BPO product to support servicers, asset managers, insurance professionals, and investors for any portfolio size. Vectra's services provide a 360-degree approach to assess, obtain multiple disposition scenarios, and implement a strategy to obtain the optimum ROI. Today the company, through a network of more than 5,000 vendors, offers services nationwide and conducts upwards of 150,000 transactions annually. Vectra's mission is to leverage the unique breadth of both technical and personnel assets to become the next-generation real estate solution provider in America. The company takes the "best in class" individual solutions that are currently offered in the marketplace and, through proprietary innovation techniques, creates collaborative solutions that provide the most holistic approach to assessing, acquiring, preparing, and liquidating real estate assets in any condition, market class, or location across the country. Vectra Field Services offers a truly seamless, one-stop shop for all real estate solutions. Business lines, services, and products Client Testimonial • • • • Inspection services Valuation services Property preservation and rehab services Asset management/marketing added value to clients The company combines technology, human insight, and data to provide insight beyond just a valuation. Vectra aligns multiple cost-to-cure and pricing scenarios that provide the details needed to fuel winning repair strategies (if required) and can help manage the entire process to get to market quickly. 2014 Goals and Strategies "Having upfront, detailed knowledge of the market, property condition, and local repair estimates has been instrumental in keeping us within budget while maximizing the property value and ultimate sale price." Geographical scope and coverage area National coverage —Kevin J. Small, Managing Director, Polaris Capital Advisors Key features The RepairSmart BPO taps the expertise of Vectra's qualified inspector network, who inspects more than 300 property components, creating a highly accurate and comprehensive repair estimate that goes well beyond the standard cosmetic repair assessment contained in traditional BPOs. Using The M Report | 35