Industry NewsNews Brief

New site to source REO deals

From Global Edge
Published on Sep 23, 2009

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by CareyBot

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."