Nicholas Mastrangelo - Broker Member
Coldwell Banker Realty 236 Boston Post Rd Orange, CT 06477 (Map)Office: 203-795-2351
Cell: 203-641-2100
Fax: 203-795-2752
Email: nick.mastrangelo@cbmoves.com
http://NickMastrangelo.com
Bio:
REO Industry Leader | 40 Years of Expertise | REO & Short Sale Specialist | Connecticut Residential & Commercial REO Servicing
A recognized expert in Connecticut’s REO market, Nick Mastrangelo has built a distinguished career spanning over four decades with extensive Residential and Commercial experience. As Senior REO Broker/Certified Short Sale Expert Nick is also Team Leader of Regional Properties Team at Coldwell Banker Realty. Nick and his team service all Connecticut counties: New Haven, Fairfield, Middlesex, New London, Hartford, Litchfield, Tolland, and Windham Counties, all within 60 miles from our main office. Nick is a trusted partner for asset managers, servicers, and financial institutions nationwide, known for his hands-on approach and commitment to efficiency as a value-added, low maintenance REO broker with a strong contractor network.
Comprehensive REO Services | Client-Centered Approach
• 24/7 Single Point of Contact: Dedicated, responsive service with a full-time in-house REO support staff
• Relocation Assistance Negotiations: High success rate with multi-lingual capabilities with bi-lingual team agents.
• Zoning Code or HOA Violation Resolution: Expertise in addressing title issues, municipal or association violations, and facilitating smooth closings.
• Repair Specialist with strong contractor network to oversee repairs and improvements to maximize net execution.
• BPOs & Valuation Accuracy: Timely, data-driven pricing strategies that align with market trends along with client strategy with detail to as-is and repair values and estimated cost to cure.
• Seamless Transaction Management: Systematic oversight from assignment to closing, ensuring compliance with client-specific requirements with an emphasis on timelines.
• AI-Assisted Marketing & Exposure: Professional photography, compelling listings, and syndication across 900+ real estate platforms.
Short Sale Servicing
• Short Sales & Foreclosure Resource (SFR) and Certified Short Sale Expert (CSSE) and with 40+ years of distressed property disposition experience.
• Successfully negotiates short sale approvals to facilitate closings. Interaction with loss mitigation departments and lien holders to reduce foreclosure timelines and minimize investor losses.
• Guided borrowers through complex pre-foreclosure transactions while maintaining compliance, communication, and transaction stability.
Asset Management Platforms
Equator | RES.NET Pro-Plus | Pyramid | LRES Ascribe | Exceleras | VRM | Yardi/P260 | HomePath | Aspen iAgent | RIO Genesis | Collaborate 54 | BidonHomes.com
Industry Memberships
NRBA, National REO Brokers Association | NADP, National Association of Default Professionals | USREO Partners | REO Network
Achievements & Recognition:
• Consistent Five Star Professional: Awarded for exceptional sales and customer service.
• Consistent International President’s Circle (Top 10%) with Coldwell Banker Realty
• Consistent Top Medium Team with Coldwell Banker Realty CT, Regional Properties Team
• REALTrends “The Thousand” #1 REO team in Connecticut, 2021
• New Haven Middlesex Association of Realtors: Consistently ranked as a top-producing agent.
• Commercial Investment Division in CT, 2021 Deal of the Year Award: Recognized for excellence in commercial REO transactions.
A Proven Leader in REO Excellence
Nick Mastrangelo’s leadership, extensive experience, and systematic approach to REO and Short Sale transactions make him a highly sought-after asset in the industry. With a full-time REO support staff and a team of multilingual buyer agents, he delivers unmatched service and seamless execution, ensuring optimal results for his clients.
Certifications:
Industry Certifications
• Short Sales & Foreclosure Resource, (SFR), NAR
• Certified Short Sale Expert, (CSSE), NRBA
• Five Star Institute Short Sale Certified
• Certified REO Specialist (CREO), NRBA
• Certified REO Specialist, Corcoran Coaching
• Accredited Buyer Representative, (ABR)
• Equator Certified | RES.NET Certified
• Certified New Home Specialist (CNS)
• Anywhere™ Corporate Relocation Certified Agent
Areas Serviced:
Nick services all Connecticut counties: New Haven, Fairfield, Middlesex, New London, Hartford, Litchfield, Tolland, and Windham Counties, all within 60 miles from our main office.