New Website Increases Realtor Earnings in Down Market

Treasure Island, FL, December 05, 2007 --(PR.com)-- Foreclosures are rampant, lending has tightened, and home prices are dropping nationwide. It is now much harder to make a living as a realtor in today's market.

That is about to change. A Florida company is announcing the pre-launch of a new website that brings buyers, sellers, realtors and lenders together to help liquidate discounted pre-foreclosure, foreclosure and bank owned properties. The company LoanResolve.com, a Treasure Island, Fla.-based technology firm has created an online tool where parties meet to process complex real estate transactions quickly and easily.

"With millions of homeowners across America in default and at risk of losing their homes, the demand for a service of this nature is strong" said the company spokesperson. Recent surveys of homeowners and realtors revealed that parties had great difficulty understanding the sales process once properties enter foreclosure. Previously transactions were many times unsuccessful when dealing with lenders on foreclosures and short sales. The company's technology is changing that.

"The need for an effective solution was there" said Simmons. By leveraging existing direct data communications with lenders, attorney firms, realtors, property valuators and more, the company has now streamlined the process and drastically shortened processing timeframes. Average transactions now take a week instead of months.

Loanresolve.com has created a win- win for all parties. Initially the company offers homeowners a website to resolve their foreclosure issues by transferring bi-directional data between homeowners and lenders in an effort to save the home. For those who can no longer afford homeownership, the homeowner is presented with an option to sell. The system then automatically alerts a local realtor to list the property with MLS and online at the company's short sale website. The website allows prospective buyers looking for discounted real estate the ability to view properties, order valuations, order "quick" title and submit offers directly to the realtor and homeowner and lenders instantly through LoanResolve.

By transferring the correct documentation within the acceptable ratios, deals get approved quickly. The new technology processes the transaction thru approval according to each lender's guideline. Loss mitigation decision makers have data direct access to the system, which eliminates any need to order additional information that normally causes delays, allowing realtors to get paid much quicker and more often. Communication between buyers, sellers, lenders and title are real time via instant messaging, fax, and more thru LoanResolve. Realtors may utilize the service to process their existing short sales by simply registering and clicking thru the step by step process.

During the pre-launch period, the company is recruiting realtors that wish to receive pre-foreclosure property listings and profit by utilizing the technology to process short sale and post foreclosure opportunities. The Company is now offering pre-registration for those who wish to find out more on an upcoming webinar demonstrating system features and functionality. To Register Go to Http://www.loanresolve.com/realtors

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