Founding Member, Vice President
Broker / Owner
Real Estate Home Sales, Inc
4982 North Pine Island Rd
Sunrise, FL 33351
Office Phone Number: 954.572.7777 Ext. 203
Fax Number: 954.572.REOS.7367
Cell Phone Number: 954.270.7770
Years in Real Estate/ Loss Mitigation: 25
Memberships/Certifications: REOMAC, NRBA, Etc…
Mr. Modica has been in the REO business in South Florida for over 25 years. During that time, he managed and developed REO divisions for three South Florida real estate companies. His scope of activities have included property management, property valuation, vendor administration, client development, rehabilitation supervision, marketing, sales, and contract negotiation through the disposition of non-performing assets for many institutions.
Mr. Modica started his own company in 1988. The company grew into one of the largest independently-owned real estate companies in the Southeastern U.S. specializing in REO services. In 2000, his company achieved sales in excess of $100 million, with over 1,000 assets closed. In July 2001, he merged his company with NRT (Coldwell Banker Residential Real Estate) and became their National REO Director. Mr. Modica was also the Southeastern Director for NRBA and became VP of REOMAC in South Florida in 2001. Due to the current REO market, Mr. Modica started another company, Real Estate Home Sales, to help lenders facilitate the disposition of their REO inventory.