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ATLANTA – In an announcement made Jan. 22 by Dorsey Alston President Jody Abstance, the real estate firm has actively begun to market bank-owned new construction properties through a designated Dorsey Alston bank-owned services group.

“We would like to assist our bank and builder partners in getting these homes sold as quickly and efficiently as possible,” Abstance said. “These are not problem homes. They represent outstanding opportunities and many are in highly desirable close-in locations. A significant number of very fine builders have been caught in the current unprecedented economic downturn. Our reputation for selling some of Atlanta’s finest homes helps to remove any stigma which is sometimes associated with bank-owned or foreclosed properties.”

Dorsey Alston has already begun to contact its relationships with select Atlanta builders.

A user-friendly web application will highlight Dorsey Alston bank-owned properties. This will be used as a tool to show off the value in bank-owned properties.

“A special page has been created for Dorsey Alston’s award-winning Web site which will lead buyers directly to our bank-owned inventory,” said Spalding White, senior vice president at Dorsey Alston. “We are not aware of any other luxury homes site which allows for this type of specific search for bank-owned properties.”

Dorsey Alston has assembled a special team of associates from within the company to market these properties.

“Dorsey Alston’s reputation for integrity and experience in the market place will have a positive impact on the marketing of bank-owned properties especially in close-in neighborhoods,” states bank Special Asset Manager Taylor Carstarphen with United Community Bank.

Taylor has listed and sold many bank-owned homes with Lucie Morrisroe of Dorsey Alston, Realtors. Morrisroe is one of the agents working on the new real estate-owned (REO) team at Dorsey Alston and is a 22-year veteran of Atlanta homes sales.

“The associates [on the team] are experienced and skilled in new construction and in working with bank-owned real estate,” Abstance said.

Dorsey Alston, located at 79 West Paces Ferry Road in Buckhead, is Atlanta’s oldest independently-owned residential real estate company.

Atlanta Realtors You Can Count On
Founded in 1947 by Roy Dorsey and Robert Alston, Dorsey Alston, Realtors “Atlanta’s First Family of Real Estate,” has a distinguished track record representing generations of clients and their fine properties. Dorsey Alston remains Atlanta’s longest established and privately-owned residential real estate agency. The firm’s detailed knowledge of the market, experienced agents and commitment to customer service is what they attribute to their success. You can learn more with Your Atlanta Realtors


For additional information about Dorsey Alston, Realtors® and any of our listings please call our Buckhead office at 404.352.2010

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