The system was broken. We fixed it.
When banks were dealing with REO in the dozens, the process of selling them worked perfectly. But when the foreclosure crisis hit and REO inventories increased exponentially almost overnight, cracks in the system allowed for manipulation of the sales process at the detriment of the asset owner.
Finally, there’s a solution.
OfferSubmission solves the biggest challenge in the sale of REO: Making sure every offer has been received when the decision is made to sell. Industry statistics have shown that over half of all offers to purchase REO never make it to a decision-maker.
It keeps everyone accountable.
OfferSubmission allows you to manage your REO inventory and respond to each and every offer with just a few clicks. For the first time, the two most motivated parties in each sale (the buyer and seller) are able to negotiate price and terms quickly in an online environment. Expectations are managed, vendors are aware of each offer, and buyer’s agents are finally part of the process rather than an afterthought.
Easy to implement, easy to use.
No need to switch vendors, agents or current software– OfferSubmission works regardless of your current systems, people or inventory volume. Our staff is available 7 days a week to assist you and your agents with process support.
No subscription fees or capital investment.
Rather than a hit to your budget like other technologies, a modest offer processing fee is paid by the purchaser of each property at closing.
Quickly improves your bottom-line.
OfferSubmission brings more offers from more buyers, which means properties sell quicker and for more money assuring each asset sells at true market value, every time.