Industry NewsNews Brief

New site to source REO deals

From Global Edge

Editor's note: This item is republished with permission from Global Edge Marketing Ltd. The original post can be viewed here. Brad Geisen, founder of, has launched a site to help U.S. banks offload property to agents and investors. will handle the marketing, processing, negotiating and closing of sales, and pay agents a commission when they facilitate a sale. According to Geisen, "It short-circuits the entire foreclosure process to ensure the best possible outcome for all parties involved." The U.S. is the third most popular destination with overseas buyers, according to our recent report, and offers international agents a quick way to research below-market-value deals for investors. Copyright © 2009 Global Edge Marketing Ltd. *** What's your opinion? Leave your comments below or send a letter to the editor. ...