Auction.com’s Market Validation Program (MVP) leverages the power of its more than 6.1 million registered users to validate — and usually beat — offers received in the traditional short sale market.
“Pre-foreclosure sales have come a long way since the last recession, but there is still a long way to go,” said Jesse Roth, Auction.com SVP, Strategic Partnerships & Business Development. “Pre-foreclosure sales represented one-third of all distressed sales in 2019, up from less than 15 percent in 2008. That progress is admirable, but we at Auction.com believe a much higher share of foreclosures could and should be avoided with a pre-foreclosure sale.”
Learn more about Auction.com’s pre-foreclosure sales strategy by watching the latest episode of Disposition Download.
Visit Auction.com/MVP for more information.