Launches ForeclosureTimes.com
ForSaleByOwner.com is launching a service to help financial institutions and brokers sell real estate-owned (REO) homes inventory. The new company, ForeclosureTimes.com, will enable banks and real estate agents to sell foreclosed properties without paying fees.
ForeclosureTimes.com will be "open to everyone, but in tune to the needs of financial institutions and brokers, which sell the majority of foreclosed homes in the U.S.," said Colby Sambrotto, COO of ForSaleByOwner.com. The service aims to save on marketing costs for banks and real estate agents.
Banks and real estate agents will be able to upload their listings for free at ForeclosureTimes.com. The Web site currently has about 300,000 listings, according to Sambrotto, and nearly financial institutions are selling 65 percent of the listings.
Consumers can search the company's database of foreclosed properties for $24.95, and they can access service directories, home inspectors, title companies, real estate lawyers and discount mortgage companies through ForSaleByOwner.com.
READ MORE
4 comments:
Hi Blogger, I was surfing the net looking for information on list home in mls
and found your post. Your ForSaleByOwner.com expands with foreclosure sales post came up on a search for list home in mls. Even though the post wasn't exactly what I was searching for it was helpful. Great Blog! Thanks Blogger!
Hello: Blogger, I was looking for some information on real estate agents and found your site. I am sure you know how it is when you start to read a interesting post…most time you just have to read it all. Bottom line, I have enjoyed reading your Blog. I have you bookmarked for the future. I am doing a little test to see how many people actually read these posts. So, for the next few weeks anyone who visits my Blog, I will send a great 90+ page search engine optimization ebook! Yes, this is a not strings attached deal. Plus, if you have an above average real estate website, you should apply for our free real estate website award at
http://www.web-site-award-winning.com Well, off again in search of the info I seek . Thanks for the read!
Hi Blogger,
After searching page after page about government foreclosure home I ran across your blog ForSaleByOwner.com expands with foreclosure sales which caught my attention because, of the amount of valuable and informative information you have. Unfortunately this is not exactly what I was looking for, however I enjoyed reading all your information. Thanks for the reading.
Hello Blogger,
I was doing some research about and came across your ForSaleByOwner.com expands with foreclosure sales blog. I'm not sure i found everything I needed exactly about however I still found your information very useful so I thought I would say thanks for the info.
Post a Comment