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In the News

Pro Tips: How to Thrive in Modern Real Estate
August 31, 2017

The Five Star Institute conducted a webinar, hosted by Altisource, providing real estate agents with new marketing strategies and utilizing auctions to successfully adapt in an industry that is constantly changing.

During the webinar, Travis Britsch, Director of Hubzu Operations at Altisource and James Harp, Director of Real Estate Auction Services at Alitsource, discussed agents needing to use SEMs and SEOs, display advertising on top real estate channels, and extremely targeted digital marketing campaigns in order to ensure that buyers are finding their business’ listing before they start making offers on others...

Winning Their Game - Entice Millennials into the Market
July 4, 2017

The post-recession years have seen significant debate about the next generation of home buyers - the millennial generation - and whether or not they are interested in owning homes. However, it has become clear with recent research that millennials do want to be homeowners and understand the value of home investment. According to the most recent ValueInsured Housing Confidence Index, more than 76 percent of millennials reported that they would like to purchase a home - a reason why many are utilizing online real estate platforms to research homeownership opportunities in today’s competitive market...

2017 HW Tech100 Winner: Hubzu
March 1, 2017

Hubzu, an Altisource business unit, is an online real estate marketplace that provides a consumer-friendly, secure platform for buying and selling residential properties.

The platform attracts buyers through syndication to over 200 partner websites, premium advertising, SEO and SEM strategies, social media campaigns, and customized local marketing efforts...

Q&A with James Harp of Altisource Portfolio Solutions
February 24, 2017

MBA INSIGHTS: The number of bank-owned properties has been on the decline for some time, but there is still a large volume. What can banks and servicers do to make sure these homes are well-maintained and managed so they can be resold?...

Ryan Solohub: Consumer Interest In The REO Market Keeps Growing Stronger
February 1, 2017

Ryan Solohub is director of asset management and real estate services for Altisource Portfolio Solutions. Servicing Management recently interviewed Solohub to learn more about recent trends in real estate owned (REO) marketing, as well as what strategies Altisource is using to more rapidly liquidate REOs compared with other REO management companies...

How to Find and Finance Bank-Owned Properties
January 4, 2017

Home prices are still rising — they’re currently averaging just below all-time highs set in 2006, according to the Case-Shiller Home Price Indices. Combine that with slim housing inventory in many markets, and you may believe you’ve missed the opportunity to buy your first, or your next, home.

But bank-owned properties, also known as real-estate owned houses, could be an affordable option for first-time or move-up homebuyers. Lenders are anxious to unload repossessed properties, and without emotional ties, they’re often more inclined to sell a property below market value...

How to Find and Finance Bank-Owned Properties
January 4, 2017

Home prices are still rising — they’re currently averaging just below all-time highs set in 2006, according to the Case-Shiller Home Price Indices. Combine that with slim housing inventory in many markets, and you may believe you’ve missed the opportunity to buy your first, or your next, home.

But bank-owned properties, also known as real-estate owned houses, could be an affordable option for first-time or move-up homebuyers. Lenders are anxious to unload repossessed properties, and without emotional ties, they’re often more inclined to sell a property below market value...

How to Find and Finance Bank-Owned Properties
January 4, 2017

Home prices are still rising — they’re currently averaging just below all-time highs set in 2006, according to the Case-Shiller Home Price Indices. Combine that with slim housing inventory in many markets, and you may believe you’ve missed the opportunity to buy your first, or your next, home.

But bank-owned properties, also known as real-estate owned houses, could be an affordable option for first-time or move-up homebuyers. Lenders are anxious to unload repossessed properties, and without emotional ties, they’re often more inclined to sell a property below market value.

Sold! REO Sellers Shift Practices to Attract More Buyers
December 15, 2016

Altisource’s SVP of Real Estate Services, Min Alexander, recently spoke with DS News about the auction market’s performance in 2016 and what can be anticipated in the new year for changes in buyers, sellers, and REO auctions...

How to find and finance bank-owned properties
December 11, 2016

Home prices are still rising - they're currently averaging just below all - time highs set in 2006, according to the Case-Shiller Home Price Indices. Combine that with slim housing inventory in many markets, and you may believe you've missed the opportunity to buy your first, or your next, home...

The REO Real Estate Market is Changing
November 13, 2016

Historically, the REO auction market has been associated with investment buyers and more recently with intuitional buyers. Today, the auction market has opened up to consumer buyers and real estate agents. Steve Udelson, President of Online Real Estate at Altisource, shares this insight:...

Real Estate Auctions Provide Options in Low Inventory Market
October 24, 2016

…One distinct benefit of purchasing a home on auction is a significantly reduced purchase price. “Not all homes for sale through conventional means are affordable to the average buyer,” says Steve Udelson, president of online auction site Hubzu. “Buyers are turning to alternative sources like bank owned homes and homes through auction that are less expensive but still provide tremendous value”…

4 Ways Millennials Are Changing the Real Estate Industry
October 23, 2016

Millennials have grown to represent 32 percent of homebuyers, which is the largest portion of the home-buying market. According to millennial Austin Hale, product manager for real estate investment software company Realeflow, “Millennials present an entirely new dynamic in the real estate market. [They’re] much more likely to rent, to congregate in urban areas, and to be cautious when taking on debt.”

The purchasing and lifestyle habits of millennials shape the economy and affect everything from the energy market to how TV is made. Real estate professionals need to understand the effect millennials have on the real estate market, so here are four things to know about millennial homebuyers….

Hubzu Improves Investor Experience by Adding RentRange Rental Income Estimates
October 12, 2016

Hubzu, a leading real estate auction marketplace has recently launched a new feature supporting investors seeking to purchase rental properties. Now the Hubzu® Real Estate Marketplace will display low, median and high estimates of potential rental income through its integration with RentRange, who are one of the premier providers of market data and analytics for the single family rental industry.

By using RentRange® rental data for comparable properties within one or 2 mile radius, Hubzu is able to provide estimated potential rents on each property display page for properties marketed. Investors will be able to use these estimates as additional data points, helping to assist them in determining appropriate bid amounts based on target returns…

Hubzu partners with RentRange to display rental income estimates
October 10, 2016

…Hubzu’s parent company Altisource, a service provider to mortgage lenders, investors, mortgage bankers, credit unions, financial services companies and hedge funds, snapped up RentRange in Oct. 2015.

The Hubzu site will pull data from RentRange to identify comparable properties with a one-to-two mile radius and provide the estimated potential rent for each one.

From there, investors can use that information to determine the appropriate bid amounts based on their target returns..

Altisource Launches Foreclosure Auction Services With Support For FHA CWCOT Program
September 08, 2016

…The mortgage servicing market is more demanding than ever as servicers grapple with compliance requirements, growing complexity and cost pressures,” said John A. Vella, chief revenue officer of Altisource, in a release. “Our goal is to help servicers tackle these challenges – we do that by giving them a complete set of innovative solutions, backed by deep industry expertise and a steadfast focus on quality, controls and compliance.” Altisource’s suite of offerings covers a mortgage servicer’s business end-to-end and includes property valuation, default technology, real estate brokerage, online auctions, asset management, and title and field services. These solutions are used by five of the top 10 financial institutions involved in servicing in the U.S. Altisource claims to inspect more than 2.7 million properties and provides more than 600,000 valuations annually. It has also liquidated more than 159,000 residential properties via its Hubzu online auction service…

Altisource Expands With Foreclosure Auction Services
September 07, 2016

…The mortgage servicing market is more demanding than ever as servicers grapple with compliance requirements, growing complexity and cost pressures,” said John A. Vella, Chief Revenue Officer of Altisource. “Our goal is to help servicers tackle these challenges – we do that by giving them a complete set of innovative solutions, backed by deep industry expertise and a steadfast focus on quality, controls and compliance.” The release states that Altisource’s servicer solutions feature an end-to-end suite of offerings to support various aspects of a mortgage servicer’s business. They state that this ranges from property valuation to default technology, real estate brokerage and online auctions to asset management, and title and field services…

Altisource Begins Offering Foreclosure Auction Services
September 07, 2016

The Luxembourg-based company will also be offering online second-chance auction services as part of the Federal Housing Administration’s Claims Without Conveyance of Title program. These auctions will use Hubzu’s digital auction platform. The new services are intended to enhance current disposition service offerings, according to John Vella, Altisource’s chief revenue officer. “With these new offerings, we’re providing servicers with alternatives to historical disposition approaches as they look to achieve excellence in managing their delinquent portfolios,” Vella said in the release. “This enhances our end-to-end solution suite for our growing client base.”

Auction Site Hubzu Now Offering New Features
August 23, 2016

Hubzu has launched new features to help traditional homebuyers purchase bank-owned homes as their next residence. Hubzu users can now see upcoming listings pre-auction. In addition, Hubzu users can now place bids on homes that are contingent on obtaining HUD’s 203(k) rehabilitation financing which allows a single mortgage to include the home purchase price and renovation costs. This could be especially helpful for the Hubzu users who want to purchase distressed homes as their primary residences.

Yakima Real Estate ? Market Heating Up, Inventory Down
August 19, 2016

Ryan Beckett, RE/MAX Traditions Realtor, has sold houses in Yakima for more than 20 years. He has seen trends change with the ups and downs of the economy, customer demographics and the advent of technology and television giving buyers much more information on homes for sale. “When I first started out in 1996 I would show clients 25-30 houses before they would decide which one to buy. Today I usually show them 4-5 houses before choosing a property, all because they’ve looked at what is available online.” There are many national real estate websites that cover what’s on the market all over the country. Most popular are Zillow.com, Trulia.com, and Realtor.com, and even Hubzu.com, which lists foreclosed properties. Beckett gave a word of caution on Zillow’s property estimates because they often don’t reflect the actual list price of the house for sale, or the price the seller will actually accept.

Hubzu Launches New Features for REO Buyers
August 16, 2016

“Traditional home buyers are a growing segment of Hubzu users and we are adding new features to help them plan which properties to bid on. By adding the 203(k) financing as a contingency option, Hubzu helps increase the housing stock of affordable homes by making it easier for traditional buyers to purchase bank-owned homes,” said Steve Udelson, President of Hubzu. “When traditional buyers purchase distressed properties with 203(k) financing, they’re not only making a smart investment, but are also strengthening communities”…

Hubzu Launches New Features for REO Buyers
August 16, 2016

With Hubzu’s new pre-auction listing feature, users will be able to preview, monitor, and research properties before they appear in a live Hubzu action, which will make it easier for buyers to discover properties of interest and prepare for bidding prior to the auction. Buyers can also see how many people are watching the same auction once the auction is underway, and they can set automatic bidding amounts to make adjustments to their high bid once they receive an email notification telling them they’ve been outbid…

New features at Hubzu ease distressed-home buying process
August 11, 2016

For some buyers, distressed properties present the opportunity to apply or hire some elbow grease and actually stay awhile — perhaps in a location they never would have been able to afford otherwise. Hubzu, an online real estate sales and auction marketplace, today announced two new features that are designed to ease the homebuying process for traditional buyers looking to purchase bank-owned homes: the ability to discover upcoming listings before auctions begin and the opportunity to use Federal Housing Administration (FHA) rehab financing…

Baltimore Still a Distressed Housing Market
July 20, 2016

According to CoreLogic Inc., 19.5 percent of residential sales in the Baltimore region in April were distressed sales. That counts short sales and bank-owned properties. The national average is 9 percent. Among urban areas, Chicago ranks just behind Baltimore for distressed sales, followed by Tampa and Orlando. Denver had the smallest distressed sales share in April, at just 2.5 percent. By state, Maryland also ranks the highest at 19.5 percent. Virginia’s distressed sales rate was 10.6 percent in April, ranking it 14th highest. When compared to states, the District ranks No. 50, with a distressed sales rate of just 2.9 percent, ahead of only North Dakota’s 2.4 percent…

Get The Best Price on a Lakefront Condominium in Chicago
June 25, 2016

There’s another feature, however, that truly makes Chicago unique – its lakefront. Just feet away from the skyscrapers and traffic jams lies a picturesque view of Lake Michigan. “When you take any buyer into a lakefront property and you see the beautiful blue lake, it’s just breathtaking,” said Tessi Davis, an agent with Conlon Real Estate. We recently caught up with her and three other top Chicago real estate agents – as identified by OpenHouse, an agent referral company (and a U.S. News partner) – to learn how to get the best price on a lakefront condominium in Chicago…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required”…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity...

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Any property can be auctioned, although most are foreclosures. According to the website RealtyTrac, in early 2016 nearly 900,00 properties were in some stage of foreclosure. Some 40 percent of those homes were available through auctions, either in person or online. Although procedural differences vary by state, a trustee of the property is generally assigned by the lender or a court officer. The trustee then oversees a foreclosure sale to recover the balance of the loan in default. Data confirm that an auctioned home can be a bargain. As of early 2016, the median sales price of a foreclosed home was 42 percent less than a non-distressed home”.

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.”

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity….

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

“It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity…

Bid or bad? The appeal and risks of buying a home at auction
April 20, 2016

Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required.” Although hundreds of thousands of homes are available through some form of auction, real estate professionals caution that availability doesn’t necessarily translate into sensible opportunity. To reduce the inherent risks it’s critical to know the system in and out — and the pitfalls, which can be numerous…

Bid or bad? The appeal and risks of buying a home at auction
April 18, 2016

It’s easy to get caught up in the competitive excitement of an auction. Bidding up the price of your spouse’s baked goods for charity or snagging an antique clock at a fraction of its value is one thing. But the stakes rise considerably when it comes to landing a solid deal via a home auction. “It’s really a case of caveat emptor — let the buyer beware,” said Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty. “When acquiring a property sold as is, significant due diligence is required…

New Opportunities in the Evolving REO Landscape
April 8, 2016

Prices are up. From an investor standpoint, cap rates and yields are coming down from where they were when the market was really attractive. But on the other hand, when you look at where yields and treasuries are, and other sources of fixed income, rental properties and purchase to flip still look pretty attractive even at the higher prices. What we’re also seeing is some additional investors coming into the market. With REO, it’s a lot more attainable today for a buyer-occupant. You don’t have to show up with all cash. It’s becoming a larger market of potential buyers for those properties…

New Opportunities in the Evolving REO Landscape
April 4, 2016

A recent online flash survey of 2,511 users of online real estate auction marketplace Hubzu provided an interesting window into the current state of the REO landscape, eight years after the crisis. According to the survey: 51 percent of respondents said they were concerned about new investors entering the market, 20 percent of respondents plan to diversify their portfolio beyond bank-owned properties, 45 percent of respondents plan to use cash over other financing options, and 31 percent of respondents said they will be much more price-selective in 2016.

7 differences between buying a home at auction vs. traditional sale
March 30, 2015

…”The excitement of winning a home at a very low price is what keeps homeowners and investors coming back to auctions,” a spokesperson from RealtyTrac, which tracks foreclosed and defaulted properties, tells Mashable. “It’s similar to shopping at a discount retailer and swooping in on the exact item you want before anyone else in the store can get to it.”

How to Finance a Home Bought at Auction
December 15, 2015

Most home buyers who place the winning bid at a real-estate auction pay cash, but they do have financing options.

Those planning to live in the property as a primary or secondary residence can get the same financing-a conventional or jumbo mortgage-they would get if purchasing any other home, says Steve Udelson, president of Altisource Online Real Estate, which operates Hubzu.com, a home-auction website that sells lender-foreclosed homes.

From October 2014 to October 2015, Hubzu saw an 18% increase in home sales above $400,000. So far this year, about 40% of auction purchases have been financed, as opposed to cash payments, Mr. Udelson says. Currently, Hubzu's five hottest auction markets are Florida, Illinois, California, Texas and Georgia.

Digital-Savvy House Hunters Are Rebooting The Online Auction Market
October 7, 2015

The new generation of technology-empowered, self-directed home buyers is reshaping today's real estate market. Armed with laptops, tablets and mobile phones, these individuals have great expectations for a much more digital process of buying and selling homes. And though this is playing out in essentially every corner of residential real estate, these buyers are becoming increasingly prevalent in online property auctions.

Hubzu's views on flipping of homes
August 10, 2015

"We are seeing some investors moving to higher risk markets that have less solid market fundamentals," says Eric Eckardt, the vice president of online real estate at real estate marketplace Hubzu.

Hubzu has just made snapping up properties via an online platform a little bit easier for average consumers

Hubzu has just made snapping up properties via an online platform a little bit easier for average consumers
May 18, 2015

Some real estate tech observers predict that one fine day, all buyers will be able to go online, choose any for-sale property they like — maybe check it out in person, maybe not — and just buy it … on the Internet...

Hubzu Reports Strong Growth in 2015 and Launches New Site to Improve the User Experience
May 18, 2015

Hubzu, an innovative online real estate marketplace, today releases a new responsive design to improve the user experience and to bring even more qualified buyers to its online home auctions. Reporting strong growth in 2015, Hubzu increased its average number of homes offered for auction by 20 percent in the first quarter when compared to the first quarter of 2014?

Hubzu Offers Financing Contingency Options for Buyers
May 18, 2015

Luxembourg-based Hubzu, an online real estate marketplace owned by Altisource, has created financing options that will allow buyers to bid on homes in real time and secure financing later. "Since 2009, institutional investors and sellers have found tremendous value using Hubzu to auction and buy homes," said Steve Udelson, president of Altisource Online Real Estate…

Owner of Hubzu Launches Co-op for Real Estate Investors
April 13, 2015

Altisource has announced the launch of Residential Investor One? ? an innovative new cooperative designed to deliver savings and efficiencies for its members that will range from individual residential real estate ?fix and flippers? to institutional investors managing larger home portfolios.

Salisaw Native Brings New Life to Old House
March 25, 2015

Samantha Poindexter Meredith likes the idea of coming home. She also likes the idea of giving new life to an old house while maintaining the authentic aura of the home. She's not afraid to get her hands dirty…

Online Home Sales Are Becoming a Reality
March 6, 2015

Online real estate transactions are rapidly gaining traction, thanks to technology and innovative companies that are changing the face of real estate. Through do-it-yourself listing offered by Owners.com and online home buying offered by Hubzu, processes that once required extensive offline work and collaboration can now be done independently in a matter of clicks.

The 2015 Housing Wire TECH100
March 1, 2015

This year, more than 250 companies submitted a nomination, and we're grateful for the interest in our efforts with this unique program. After spending countless hours reading about different companies and the technology they're bringing to bear (and drinking copious amounts of coffee to get through some very long meetings!), we couldn't help but notice a few trends that may not be immediately evident to each individual company as each works to execute its own specific business model.

Selling Homes in Hot Markets Can Test the Best Agents
August 14, 2014

Top real estate agents say selling in a hot market can be just as tricky as moving a property when sales are slow. So smart sellers in bustling markets polish their properties, price them for profit without massively overshooting appraisal values, and pry into offer details to select the best of the bunch.

70 Startup Women Show Us What They Wear to Work
August 4, 2014

After publishing our piece "41 Startup Guys Show Us What They Actually WEAR to Work", of course we had to follow that up with a piece highlighting the daily wears of startup women (equal opportunity, y'all!).

'Zombie Foreclosures' Haunt Housing Market
July 14, 2014

Gary Poulos planned to spend this summer packing his bags, selling his house and moving on from his west Medford home on Shadow Wood Drive. Instead, the retired Harry & David systems engineer is compiling a dossier on his next-door neighbor, whom he caustically calls Mr. Chase M. Bank.

Real Life HGTV Stars Use Hubzu to Find Their Next Flip
July 11, 2014

A lot of us are more than a little addicted to HGTV. When late-night channel surfing ultimately leads to binge viewing of "Love It Or List It," or "House Hunters International," you know you're hooked.

Lessons from a Real Estate Entrepreneur: Personalizing the Customer Experience
Feb. 3, 2014

The real estate industry has long been an entrepreneur's playground. Knowing how to get started and acquiring the needed skills to start your own business are essential, but the basics will only take you so far.

You Say You Want a Revolution: Taking Control of the New Real Estate Landscape with Hubzu
Dec 12, 2013

As we continue pulling out of the downturn, unique opportunities are abound for brokers and agents who aren't afraid to push their limits. However, the landscape is rapidly changing thanks to technology, social media, and a hunger for progression among the industry's top professionals.

Bidding on a Bungalow
Nov 22, 2013

For many people, simply buying a pair of shoes on eBay (without-gasp-trying them on first) is about as risky as it gets when it comes to online shopping. But as ecommerce continues to grow at a rate of roughly 10 percent a year in the US, the barriers between what can and can't be bought online are getting fuzzy. Part of the credit can go to the ease of what is available for purchase-everything from maxi dresses to music and now…mansions?

Leverage Emotion with Video in Action
Oct. 8, 2013

Real estate professionals know that buying or selling a home can be a life changing, highly emotional experience. However, there's a way to leverage that emotion: video. When you add video to your online listing, you have created a powerful real estate marketing tool.

Fortune Fastest-Growing Companies: Altisource Portfolio Solutions
Sep. 5, 2013

A mortgage portfolio management company, Altisource separated from Ocwen Financial in August 2009, and since then has seen its stock price rise from $10 to $120. Ocwen remains a major client of Altisource, which added staff in 2012 to keep up with Ocwen's growing portfolio. Altisource also operates Hubzu.com, an online real estate market that has generated more than 70,000 home sales since 2009.

Integrating Technology into Your Business Development Process
Aug. 16, 2013

Mobile, social, and other technological advances over the past decade have altered the way consumers search for homes, providing real estate brokerages with the opportunity to leverage this shift in consumer behavior.

RIS Media "Ask the Experts"
Aug. 10, 2013

Q: As conventional methods of selling real estate and earning a commission give way to easier, accelerated processes, what are some of the benefits that come with selling online? A: It's no secret that online stores have revolutionized the way we shop for almost everything; offering retailers and private sellers a more effective and easier way to reach customers.

Two Zillow Rivals Hidden Inside Solidly Protitable Companies
Aug. 09, 2013

Even if you think online real estate companies like Zillow, Trulia and Move hold great promise, the massive run-up in their shares ahead of any solid profits is a bit daunting. By contrast, a couple of lesser-known rivals look remarkably cheap since they are buried inside other companies already churning out steady profits.

Inman Real Estate Connect San Francisco, 2013 ? Highlight Reel
July 11, 2013

Features Eric Eckardt, Vice President, Direct to Broker.

Hubzu Hires Philip Felice from Better Homes and Gardens Real Estate
July 11, 2013

Luxembourg-based online residential real estate marketplace Hubzu has hired Philip P. Felice, previously the managing vice president of Better Homes and Gardens Real Estate.

Keeping the American Dream Alive
Jun. 14, 2013

Is there still an American Dream? And if there is, is the essence of what makes up the American Dream shifting based on age and other demographics?

Online Home Listings Will See Key Changes Ahead, Experts Say
Jun. 07, 2013

A panel of leaders from often-competing entities Zillow, Realtor.com, MRIS, Trulia, ZipRealty and Hubzu addressed journalists assembled for the annual National Assn. of Real Estate Editors conference Thursday.

Hubzu Offers a Short Sale Option to Services and Buyers
Jun. 05, 2013

Real estate and mortgage software provider Altisource Portfolio Solutions S.A. has added a short-sale option for servicers and buyers to its online auction platform, Hubzu Real Estate Marketplace.

Housingwire Lists Top 50 Real Estate Technology Firms
May 31, 2013

Why We Love Them
Unlike many home search sites, Hubzu allows the buyer to find a home and close on that property, all without leaving their current home. Interested buyers can browse thousands of homes throughout the country, narrowed down by filters such as price, square footage, listing type and year built.

From Saratoga to Luxembourg: Chasing Real Estate's Next Big Thing
Feb. 28, 2013

A year ago, Eric Eckardt was working hard at his online start-up real estate firm in Saratoga Springs. Today, Eckardt is working for Hubzu.com, helping build that company's growing real estate business.

Technology Infused Real Estate: Hubzu
Jan. 25, 2013

Taking the real estate market to heightened levels, Hubzu allows consumers the ability to not only search for homes, but put in bids, offers and buy properties. Hubzu has garnered its spot online, where it has integrated a new marketing technique and auction platform for the real estate world.

Hubzu Says Property Sales Data Proves It's for Real
Jan. 24, 2013

Hubzu is reporting new data in regards to its home sales through the company's online marketplace. Via the Hubzu broker-based marketplace, homes sold in 2012 received on average 9 bids and offers compared to the national average of 3.1 offers per property. Additionally, homebuyers placed an average of more than 26,000 bids and offers monthly on properties for sale. The positive numbers are encouraging for the long-term outlook for Hubzu.

Hubzu to Open Up Auction Marketplace to Brokers and Agents
Jan. 16, 2013

Hubzu today released new data regarding home sales through its online marketplace. This newly released data further validates the impact of Hubzu's efforts to make the online home buying and selling process easy, efficient and transparent from start to finish.

Altisource Launches New Online Residential Real Estate Marketplace
Sep. 18, 2012

Altisource announced Monday the launch of Hubzu, an improved online residential real estate marketplace. The new site is designed to make the online home buying and selling experience easier, more efficient, and more transparent. The entire process ? from searching and bidding to financing and closing ? is handled online.

GoHoming.com Relaunches as Hubzu
Sep. 18, 2012

GoHoming.com, an online marketplace and auction platform for real estate owned (REO) properties, has relaunched as Hubzu, with an expanded focus that will allow it to handle listings from individual brokers and agents. Hubzu replaces GoHoming.com, which handled 25,000 to 30,000 REO sales a year.

Hubzu Becomes Altisource Go-to Online Auction
Sep. 17, 2012

Real estate and mortgage tech company Altisource Portfolio Solutions made the launch of its new, online real estate marketplace ?Hubzu? official, saying the platform will improve the buying and selling experience for users. Hubzu officially replaces the Altisource GoHoming online real estate marketplace in a move expected to provide users with more functionality and an improved experience when buying and selling properties through the site.

Everybody Wants to Get in the Act!
Sep. 17, 2012

Altisource, a Luxembourg-based global provider of mortgage portfolio management services, has announced the launch of Hubzu, an online residential real estate auction site. The Hubzu website announces ?We make buying and selling homes easy. Get more for your money and an easier, more transparent buying experience that puts you back in control. Plus, you can buy with confidence because we guide you each step of the way.?

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