Countdown To Buy Enters Into New Pilot Program To Offer Foreclosed Properties Through Efficient and Transparent Online Marketplace

 

BETHEL, CONNECTICUT – March 3, 2010 - Countdown To Buy, a next generation online real estate marketplace that offers a fair and effective way to buy and sell properties, announced today that it has entered into a new pilot program with a leading banking institution to offer a sampling of foreclosed properties in Texas.   

 

“This pilot affirms that the appeal of our model and reach of our platform fills a broad set of needs within the spectrum of disposition strategies,” commented Tom Furey, Managing Partner of Countdown To Buy. “Our innovative solutions result in significant benefits for the institutions we partner with such as reduced costs, less buyer fall-out, enhanced work flows and shorter sales cycles.”

 

The initial properties for this pilot will be located in Dallas, TX, and can be researched on the Company’s website www.countdowntobuy.com. Open houses will be held on Saturday March 6, 2010 and Sunday March 14, 2010. Confidential offers on these properties can be submitted through the website starting on Friday March 5, 2010 and will be accepted for 25 days — or less should an offer match or exceed the price that is scheduled to reduce 1% per day.

 

“Countdown To Buy’s process is gaining traction as a timely and cost effective solution for institutions to better manage REO inventory,” said Dan Connell, President of Countdown To Buy. “The combination of Countdown To Buy’s innovative platform, combined with the skills and knowledge of the Agents that we are collaborating with is proving to be a very effective practice.”

 

Founded in 2008, Countdown To Buy uses a patent pending technology that automatically matches buyers and sellers in a real estate transaction through a time-limited process that reduces the property’s list price everyday. Confidentially submitted offers are systematically compared to the daily price and when an offer matches or exceeds that price, the offer is automatically accepted and the contract process is initiated. Through the Company’s website, www.countdowntobuy.com, property listings can be researched, showings can be arranged, and offers can be submitted.

For a video simulation of how the Countdown To Buy process works, please click on the following How It Works.

 

In December 2009, the Company launched its online platform witha leading nationwide servicer, offering properties in Connecticut, New Jersey and New York. Countdown To Buy is currently in negotiations with other leading banks and servicers for additional programs throughout the United States. 

 

To inquire about listing properties on Countdown To Buy’s online marketplace please call

1-877-4321-BUY or email info@countdowntobuy.com.

Countdown To Buy is an online real estate marketplace that automatically matches motivated sellers and qualified buyers in an environment of trust, transparency, and efficiency. The Company has a patent pending business process that reduces a property’s list price 1% each day within a pre-negotiated price range. The technology and marketing platform was built specifically to expedite the sales cycle in real estate transactions through a time-limited, objective, and confidential offer system.  The Company services demand from banks, servicers, home buyers and investors through a streamlined technology process and unbiased transaction support.  For more information on Countdown To Buy, please visit www.countdowntobuy.com.

Posted by TheNicheReport magazine on Mar 3 2010. Filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry