About REO.com

REO.com, Inc. is the premier Internet marketplace for the sale and purchase of foreclosed and pre-foreclosed properties generally known as REO's, or Real Estate Owned (taken back by a lender). REO.com provides comprehensive property listing information for REO's and a web based bid management system creating a unique 'BUY-SELL' marketplace. The site and its distribution partners bring together all the interested parties: owners, lenders, investors, homebuyers and service providers. REO.com creates a true marketplace with multiple bidders.

Vendor Management

REO.com provides a variety of vendor management solutions designed to streamline the process of communications between institutional sellers and their vendors in the field. Most asset management departments utilize proprietary or licensed applications to manage their internal operations. Generally these systems do not adequately manage outside vendors such as Real Estate agents, Title Companies, Settlement Services and general services that require interaction with persons or systems outside of their network. REO.com provides bridges that allow the capture of information for all communications to be seamlessly directed back to the legacy systems while meeting the highest level of security standards.

Offer Management System (OMS)

REO.com marketing and transactional services have been used to negotiate and close over 8 billion dollars in real properties since 2002.

REO's OMS is a workflow application that handles all aspects of agent communications including the integration of all required contracts from pre-listing through close.

REO.com, and its auction sites, receive over 25,000 unique visitor's everyday. REO.com provides private label website solutions so that you do not have to manage the consumer presentation of your properties.

REO.com offers lists of qualified listing agents that can also perform BPO's or provide property Status reports.

Auctions

REO.com's auction technology has successfully auctioned and closed over 85,000 properties since February 2004.

Through a single click an asset manger can order and track tasks including title, appraisals, BPO's, property preservation and more. REO.com will integrate your companies and coordinate an xml data exchange with the respective vendors.