2017 HW Tech100 Winner: Auction.com
AuctionSync eliminates foreclosure auction paperwork
Auction.com’s team has doubled its focus on the distressed market to continually innovate on foreclosure and REO sales.
Auction.com launched AuctionSync in 2016 to eliminate paperwork for foreclosure auctions by bringing parts of the sale online and enabling auction staff to conduct in-person foreclosure sales with ease. The app enables the auctioneer to conduct the sale and update with the latest real-time information on each asset throughout the auction.
After the property sells, the auction team can use the app to verify proof of funds, notify attorneys to prepare the receipt of funds or transfer of ownership and execute the certificate of sale.