Institutional REO Listing Broker & Asset Disposition Partner
Michael Calabro
President & Broker-Owner, Coldwell Banker Calabro & Associates. A name you can TRUST in Real Estate, serving all 169 towns and 8 counties of our beautiful State of Connecticut.
#1
Freddie Mac HomeSteps
Broker Nationally, 2017–2020
Broker Nationally, 2017–2020
#1
Freddie Mac HomeSteps
Broker in Connecticut, 10+ Years
Broker in Connecticut, 10+ Years
1,629+
REO Properties Sold
34+
Years in Real Estate
3,491+
Closed Transactions
Calabro & Associates
Calabro & Associates
1,540+
Closed Transactions
Michael Calabro
Michael Calabro
28+
Agent Brokerage
Team
Team
Institutional REO Listing Broker and asset disposition partner leading a statewide Connecticut brokerage built for BPO accuracy, occupancy resolution, and timeline execution, with valuation discipline and a proven track record managing assets from assignment through closing in changing market conditions.
Capabilities
REO Assignment Alignment
Valuation & Pricing
BPO accuracy, list-price strategy, market absorption analysis, and investor-focused disposition guidance.
Occupancy & Field Execution
Occupancy verification, cash-for-keys coordination, access, securing, and preservation.
Marketing & Offers
MLS launch, buyer exposure, showing feedback, offer review, negotiation, and closing coordination.
Compliance & Reporting
Investor guideline awareness, platform updates, municipal coordination, and closing follow-through.
Experience
President | Broker-Owner | REO Director
2003–Present
Coldwell Banker Calabro & Associates
Lead REO brokerage operations, asset-manager communication, BPO strategy, occupancy coordination, vendor oversight, marketing, offer negotiation, and closing execution across Connecticut. Built a scalable REO platform combining local market knowledge, institutional asset disposition experience, and field-tested vendor coordination.
- Manage REO assignments from initial occupancy review through closing.
- Coordinate BPOs, pricing strategy, MLS launch, buyer exposure, and offer review.
- Lead and mentor a 28+ agent brokerage team with statewide Connecticut reach.
- Communicate consistently with asset managers, attorneys, vendors, municipalities, and cooperating agents.
Expertise
Strategic Capabilities
Brokerage Partnerships & Adoption — relationships with agents, brokers, institutions, asset managers, investors, and vendors.
Listing & Pricing Strategy — hands-on market analysis, valuation, comp selection, and price-adjustment execution.
REO & Distressed Strategy — foreclosure, short sale, cash-for-keys, preservation, BPO, and investor compliance.
Executive Communication — clear reporting, relationship management, training, and stakeholder alignment.
Process
REO Services & Execution Approach
- Same-day occupancy checks when available, access coordination, and status reporting.
- 24–48 hour BPO turnaround with photo documentation and market-driven disposition strategy.
- Cash-for-keys coordination, occupant resolution support, and field-level follow-up.
- Vendor oversight for preservation, securing, cleanouts, repairs, and winterization.
- MLS marketing, professional photography, offer management, and closing coordination.
- Personally oversees every asset from assignment through closing with consistent status updates.
Track Record
REO Career Timeline
1992
Began residential brokerage career
1998
Licensed Broker
2003
Founded Coldwell Banker Calabro & Associates
2007
Freddie Mac | HomeSteps Listing Broker
2012
Fannie Mae | HomePath Listing Broker
2015
HUD Listing Broker
2017–20
#1 Freddie Mac Broker Nationally
Coverage
Statewide Connecticut Coverage
Every REO assignment in our beautiful State of Connecticut falls inside Michael's territory. No sub-agent handoffs, no coverage gaps, one point of contact from BPO to closing in all 169 towns and 8 counties.
Fairfield
Hartford
Litchfield
Middlesex
New Haven
New London
Tolland
Windham
Institutional Experience
Servicer & Investor Experience
Freddie Mac | HomeSteps
Fannie Mae | HomePath
HUD | Raine & Company
CHFA
VA
Shellpoint
PennyMac
Caliber Home Loans
Xome
Phoenix Asset Management
Amos Financial
Systems
REO Platforms & Systems
HomeSteps Connect
Equator
HUD P260
Pyramid Platform
RESNET AMP
Exceleras
VRMS Asset Management System
Follow Up Boss
SmartMLS
Credentials
Licensing & Affiliations
NRBA Member
Since 2011
Since 2011
Licensed REALTOR® since 1992
Licensed Broker since 1998
National Association of REALTORS®
Connecticut Association of REALTORS®
Greater Hartford Association of REALTORS®
Differentiators
What a Typical REO Assignment Gets vs. Michael's
Typical Broker
Michael Calabro
Statewide coverage
Sub-agent handoffs
All 169 towns, one point of contact
BPO turnaround
Varies by workload
24–48 hours
Track record
Unproven
1,629+ REO properties sold
Asset oversight
Delegated to team
Personally overseen, assignment through closing
Certifications
Why Michael Fits REO Asset Managers
Banks, servicers, investors, and asset managers need listing brokers who can execute quickly, price accurately, communicate clearly, and manage the field-level complexity of REO assignments. Michael brings broker-owner leadership, institutional REO experience, statewide Connecticut coverage, valuation judgment, and proven transaction volume to move assets from assignment to closing with confidence.
