Items Tagged with 'Auction.com'

ARTICLES

An alternative perspective on neighborhood stabilization

Go beyond traditional retail disposition
When the U.S. real estate market collapsed in 2007, it not only triggered a recession and stock market crash, but it also sent nearly 9.3 million American homeowners into foreclosure. While in many respects the worst is now behind us, the reality is that the problem persists, with more than 930,000 properties currently in foreclosure or REO nationwide.
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From HW Magazine

2017 HW Tech100 Winner: Auction.com

AuctionSync eliminates foreclosure auction paperwork
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.
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Leveraging technology to advance bank-owned and foreclosure sales

After nine years of innovation, Auction.com continues to push the envelope
Over the past nine years, Auction.com has been effectively leveraging technology in ways that have allowed its clients to begin optimizing their disposition strategies long before properties go to foreclosure sales. Where sellers of bank-owned and foreclosure properties were previously limited in their access to potential buyers, their reach has been significantly expanded to a global audience through the internet, mobile technology, database marketing, email, social media and search engine marketing.
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How Auction.com optimizes your disposition strategy

The company's 4 guiding principles for success
Whether you are trying to minimize the credit losses associated with a foreclosure, or trying to maximize the return on a real estate portfolio investment, the decision always comes down to one thing: Optimizing the balance between the asset’s sales price with the avoidance of holding expenses.
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Auction.com names new VP of portfolio operations

Patrick McClain brings nearly 20 of experience
Auction.com named Patrick McClain as its new senior vice president of portfolio operations. The company’s executive vice president talks about what McClain brings to the company, and why he is a valuable asset to the team.
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Auction.com improves foreclosure outcomes for lenders and servicers

Marketing efforts put properties in front of millions of buyers across the globe
Auction.com takes a multi-channel approach to marketing foreclosure properties, which means sellers get a broad, global pool of potential buyers. The Auction.com website boasts more than 4 million active users and more than 300,000 unique visitors each week.
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Monday Morning Cup of Coffee: The 10 commandments of flipping a house

Playboy Mansion finally finds a buyer
First off, congrats to the five winners of the Mortgage Bankers Association and Internal Revenue Service’s tax design challenge. The Playboy Mansion finally found a buyer, but the controversial price tag of it became a lot more realistic. Also, check out the 10 commandments of choosing a profitable house to flip.
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Executive Conversation: Jason Allnutt on moving beyond distressed assets

Auction.com launches Ten-X Homes retail platform
Our new Ten-X Homes platform will offer our clients the opportunity to sell using online auctions or, for the first time, use a more traditional non-auction option. We felt like the market was ready for this — over 90% of home purchases today include the use of online services like Zillow and realtor.com, and a large percentage of the people who register for our online auctions identify themselves as owner occupants.
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