A new automated short-sale offer management system has been brought to market by Brad Geisen, founder of Foreclosure.com.
The system, QuickSale, handles marketing, processing, negotiating and closing services in one central location, says Geisen, who calls short sales the ‘ultimate solution’ to the foreclosure crisis.
Using QuickSale, lenders can complete short sales in 30 to 90 days, he adds. The system brings together agents and buyers who purchase distressed properties at negotiated prices before the banks repossess them. Agents who coordinate short sales from start to finish through QuickSale earn commissions.
‘Banks lend money; they're not in the business of marketing and selling real estate – certainly not on today's current scale,’ says Geisen.