Exceleras Provides One-Click Access To RE Auction Platform

Exceleras, creator of the DispoSolutions Real Estate Owned (REO), ValueSolutions Collateral Valuation and ClearView Offer Management platforms, announced today a new integration to the Bid4Assets online auction platform.  Now mortgage loan servicers, asset managers and investors that use DispoSolutions can also send properties to online auction and review the results seamlessly through one dashboard. Exceleras now considers Bid4Assets a preferred partner.

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“We continue to expand our solutions so that our clients can complete all of their work without leaving our applications,” said Exceleras President and CEO Michael Harris. “Efficiencies will continue to be important to our clients and you cannot be efficient if you are switching between applications. In addition, we are very impressed with Bid4Assets. The company has been selling real estate through online auctions longer than anyone and their technology is a good fit for our own.”

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Founded in 1999, Bid4Assets is a real estate online auction company that was created to serve government agencies at the federal, state and country levels. The firm was the first to perform online auctions for the US Marshals Service through the Department of Justice’s asset forfeiture program and is a leader in online tax foreclosure sales, having worked with over 75 counties across the country. Bid4Assets has sold over 100,000 properties of all types located in all fifty states and has over 675,000 registered bidders on its platform.

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“We were looking to expand our online real estate sales beyond the government sector and we really liked what we saw in Exceleras and its DispoSolutions offering,” said Jesse Loomis, President and CEO of Bid4Assets. “Exceleras has a great technology development team, which made integrating our systems fairly straightforward. Now, if a DispoSolutions client has not been successful moving a property through the traditional agent channel, they can send the property to auction with a single click and then get the results sent right back to DispoSolutions.”
Unlike other real estate auction firms, Bid4Assets does not require users to sign long term contracts. Auctions can be ordered for seven, 10 or 14 days. When the auction ends, there is no further commitment. Best of all DispoSolutions clients pay nothing for online auction services.  The new functionality is now available to DispoSolutions users.

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