Real estate controlling II

The individual customer's risk reduction activities include selling his or her real estate financed by credits. One efficient way for the financing bank to reduce its risk is to exchange information between a system for monitoring the sale of real estate and the controlling system that is mainly concerned with the individual customer. In other words, one system receives information about risk-carrying properties and the other system receives information about the sale and assigns it to the individual customer. The earlier the property renovation information system receives information about risk-carrying properties, the earlier suitable measures can be taken there. The property renovation process can be shortened accordingly by a fast and high-quality flow of information. This can reduce financial losses from non-performing real estate loans for both the credit institute and the borrower.