Countdown To Buy Helping Real Estate Agents Unlock Significant REO Opportunity

Combination of transparency, approved offer range and price reductions saves agents time and effort.

Bethel, CT, May 28, 2010 --(PR.com)-- Countdown To Buy, a next generation online real estate marketplace that offers fair and effective solutions to buy and sell properties, announced today that real estate agents are seeing measurable benefits from the Company’s innovative online marketplace that enables a buyer and seller of a REO property to agree to their best terms in less time.

“Real estate agents are a valuable resource and trusted partner in Countdown To Buy’s model so we are pleased with their positive feedback,” commented Tom Furey, Managing Partner of Countdown To Buy. “Agents in 16 states are clearly benefiting from the tools and services we provide, such as appraisals, BPOs, neighborhood information and automated offer management, to help clients make an educated offer quickly on a foreclosed property. There is no doubt our commitment to transparency is significantly reducing, if not fully eliminating negotiation on a sale, saving time for everyone involved, and creating a home buying experience with less anxiety, more certainty and confidence than ever before.”

Countdown To Buy’s offer management platform reduces the price 1% per day within a seller approved range until a buyer’s offer meets the daily price. Every property has an assessment and valuation review completed by independent professionals and their reports are posted for all prospective buyers to see. By offering 100% transparency and a confidential and trusted offer management system, equality is inherent throughout the entire home buying process.

One REO real estate agent from Oregon who recently worked with a client to purchase a foreclosed property said, “Countdown To Buy is a refreshing change. Having an appraisal as well as a BPO available online to support the price range made educating potential buyers and their agents about the market value of property a snap. I secured an offer in the first week … and we closed within the next 20 days.”

Regarding Countdown To Buy’s commitment to a level playing field one agent commented, “The process, while new and different, was not difficult and truly allowed for a sealed bid atmosphere open to legitimate competition… (Countdown To Buy is) open to communication from the agents and works with you to actively set the stage for an excellent program. I find this to be a highly effective form of marketing.”

For a video tutorial of how the Countdown To Buy process works for real estate agents, please see How It Works for Agents or visit www.countdowntobuy.com.

About Countdown To Buy
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 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. Please visit www.countdowntobuy.com.

Media Contact:
John Lovallo
Lovallo Communications Group
Telephone: 203-431-0587
Cell: 203-526-6371
Email: johnlovalloirpr@sbcglobal.net

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Lovallo Communications Group
John Lovallo
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