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A profile of repossession service provider How Adjustment

If you adopt the technology the clients will follow:  A profile of repossession service provider How Adjustment.

By Zach Hallowell, Business Line Director, OPENLANE

Technology has been a mainstay for How Adjustment since Dave and Sharon Handschin took over the business from its original owners nearly 25 years ago.  A Seattle-area staple since 1941, How Adjustment provides repossession services throughout the state of Washington.  (more…)

RMI Case Study: Meeting Industry Needs By Increasing Efficiency

Situation
Established in 1986, Hall Recovery Specialists, DFW is owned by Jim Hall and his wife, Carolyn. With more than 30 years of experience in the repossession business, Hall began his career in skip tracing and has become a seasoned expert since. Hall Recovery Specialist employees total over 100 years of experience in recovering collateral and strive to use the most beneficial technology. As the company continued to grow and expand, Hall looked for more resources to better his business to meet the needs of the industry. (more…)

ARA Members Benefit from OPENLANE and RDN Acquisition

ARA is pleased to announce OPENLANE has acquired RDN. The combined forces of OPENLANE and RDN will enable ARA members to increase their services and offerings to potential and existing clients – ultimately generating more revenue for their businesses. The additional services OPENLANE now offers ARA members will make remarketing repossessed vehicles more efficient than ever before. (more…)

Proven Business Model Increases Assignments

Situation

Millard Land has more than 40 years experience in the repossession business and owns Adjusters, Inc., the oldest collateral recovery company in the state of Texas. Established in 1946, Adjusters Inc. recovers a wide variety of collateral including: automobiles, boats and yachts, airplanes and heavy equipment like bulldozers and tractors. With the downturn of the economy and the changes in how the lending community deals with recovering collateral, Land was eager to find a way to help grow the number of monthly assigned accounts. (more…)

More ARA Members Receive $500 Incentive from OPENLANE

Congratulations to the owner’s of Preferred Adjusters, First Credit Resources, Commercial Service Corporation, How Adjustment Service, Able Auto Adjusters, Greenwood Remarketing, International Recovery & Transport and Midland Auto Recovery – West for qualifying for OPENLANE’S $500 American Express Gift Card as part of their exclusive incentive program for ARA’s members!. Check back here to see who else qualified!

OPENLANE Extends Exclusive $500 ARA Member Incentive

UPDATE! OPENLANE Extends Exclusive $500 ARA Member Incentive and Enhances Selling Agent Opportunity

Due to the overwhelming response, OPENLANE, the leading online wholesale auction in North America, is EXTENDING its ARA Member-exclusive offer of a $500 American Express Gift Card when you sell your first vehicle on OPENLANE.com. This offer is limited to first-time OPENLANE sellers only and ends July 31, 2010*.  Be sure to take advantage of this extended offer! (more…)

Wells Fargo Auto Finance, AmeriCredit and Chase Attend ARA’s 46th Annual Convention!

Join our clients for round table discussions, panels and a keynote speech (we’ll announce our keynote speaker soon) at ARA’s 46th Annual Convention at the Wynn Hotel in Las Vegas on Thursday, September 30 – Saturday, October 2.

Take advantage of the fabulous location and impressive room rates ARA secured at the gorgeous, four star, Wynn Hotel Resort. Book your hotel room at https://resweb.passkey.com/go/ara0910 or to speak with our reservations agent, call (877) 321-9966.

You need to make your room reservations early this year!  Cut-off date will not be extended; deadline – August 16

The Concierge at the Wynn can assist you in making reservations for show tickets.
Appearing at The Wynn:  Tickets for Garth Brooks that fall on our program dates are Oct 1, 2 and 3.

Checkout  entertainment at The Wynn:  Box Office Wynn Las Vegas or call 888.320.7117

The Concierge at the Wynn can also assist you if you are interested in shows and attractions that are off property:
See what’s happening in Vegas:  http://www.visitlasvegas.com/vegas/play/shows

Convention Schedule:
Wednesday, September 29, 2010
5:30 PM – 8:00 PM Hospitality Suite

Thursday, September 30, 2010
General Session
1:00 PM – 5:00 PM

Welcome Reception
6:00 PM — 8:00 PM

Friday, October 1, 2010
General Session
8:00 PM –   5:00 PM
Dinner/Dance
6:00 PM – 10:00 PM

Saturday, October 2, 2010
Seated Breakfast
9:00 AM

Awards Presentation
10:00 AM

Close Old Business/New Business
11:00 AM

OPENLANE webinars for ARA members

Recently, OPENLANE hosted several informative webinars for ARA members to learn about the financial benefits of selling repossessions online and how to sell it to  lenders? If you missed the webinar or want to hear it again, click here to listen to the webinar, or click here to view the presentation.

Congratulations to the owner’s of First Credit Resources, International Recovery & Transport, and Midland Auto Recovery West for qualifying for OPENLANE’S $500 American Express Gift Card as part of their exclusive incentive program for ARA’s members!

46th Annual ARA Convention at the Wynn Hotel in Las Vegas

Thursday, September 30 to Saturday, October 2

It’s time to secure your flights and room at the Wynn Hotel for the 46th Annual ARA Convention. Join clients and ARA members for a client panel discussion, education and training sessions and get updated on ARA. Take advantage of the fabulous location and room rates ARA secured at the gorgeous, four star, Wynn Hotel Resort. Book your hotel room at http://www.wynnlasvegas.com.

About the Wynn Hotel Las Vegas:
Wynn Las Vegas is the only casino resort in the world to make Forbes Award history by earning Five Star ratings in every category-Hotel, Restaurant and Spa-for two consecutive years. The Tower Suites at Wynn Las Vegas, Alex restaurant and The Spa each earned Five Star recognition in 2009 and 2010 for their achievements attaining the highest standards of excellence.

Calling all exhibitors! Are you interested in exhibiting to people in the recovery and lending community? Call or email the ARA Home Office to find out more about exhibitor rates, participating in educational sessions, etc. 972.755.4755 or info@americanrecoveryassn.org.

OPENLANE Offers Exclusive $500 Incentive to ARA Members

OPENLANE, the leading online wholesale auction in North America, is exclusively offering ARA members a $500 American Express Gift Card when you register with OPENLANE and sell your first vehicle on OPENLANE.com. This offer is limited to first-time OPENLANE sellers only and ends June 30,2010.*

American Recovery Association (ARA) is partnered with OPENLANE, North America’s leading online auction for dealers to buy and sell wholesale vehicles online, to allow ARA members to sell lenders’ vehicles online via OPENLANE.com.  Financial institutions like Chase and Chrysler Financial already rely upon OPENLANE’s wholesale expertise and thousands of registered buyers to remarket their repossessions online.  ARA agents remarketing recoveries through OPENLANE get the following benefits:

• An opportunity to retain, attract, and grow their client base
• Increased revenues of over $350 per unit from value added services (remarketing management fees, storage, vehicle clean-up, etc.)
• The ability to become a one-stop recovery and remarketing provider
• Faster remarketing of lenders/clients vehicles leading to lower remarketing costs

To register with OPENLANE and begin selling your recoveries online, please contact OPENLANE at (866) 366-4026 or email recovery@openlane.com.  For more information, go to http://www.openlane.com/pdfs/ara_pdf_member.pdf.

*Please allow for up to 30 days after June 30, 2010 for receipt of AMEX Gift Card.