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Scott Coloney

Scott Coloney

Scott Coloney is the president of Fort Lauderdale, FL-based Foreclosure Response Team (FRT). FRT is the only full-service, interactive short sale solution with a national Uniform Short Sale Process. FRT’s Uniform Short Sale Process is made up of a nationwide network (“Response Team”) of local Affiliate real estate agents, title companies and attorneys, combined with a centralized loss mitigation HUB and innovative short sale processing technology, Online Management System (OMS) that streamlines the process from pre-listing to closing. FRT serves as an invaluable third-party resource for real estate agents, title companies, attorneys and mortgage servicers.In 2002, Scott Coloney entered the real estate industry where he utilized his business acumen and negotiating skills to assist buyers, builders, and land developers in the real estate market. Founded by father and son duo George and Scott Coloney, The Coloney Group was formed to assist developers assemble land, as well as handle the sale or lease of pre-construction commercial and residential real estate. Currently becoming the #1 sales team for RE/MAX in the state of Florida by 2007. A continuous innovator, in 2006 Mr. Coloney created Coloney Property Management— which offers a full range of real estate support services for its clients. In 2008, Coloney recognized how imperative a solution to the foreclosure crisis was to the country’s economic turnaround and financial rescue for struggling borrowers and banking institutions.After identifying inconsistent processing methods and problematic system gaps, Coloney discovered the best option for rescuing consumers from foreclosure was in a highly-specialized team of real estate agents, title companies, attorneys and centralized loss mitigation support who worked together to increase short sale success. As the original founder of Orbitz.com (sold in 2000 to international airline conglomerate One World Alliance), Coloney decided to leverage his technology and business-savvy together with his real estate expertise to conceptualize and deliver an interactive and national short sale solution unique to all others. He analyzed opportunities to dramatically improve efficiency, and build a new foundation that offers a stronger, highly-organized and more uniform structure. Coloney formed Foreclosure Response Team, creating the #1 solution to the #1 problem in America.