BETHEL, CT, August 12, 2010 (Press-News.org) Countdown To Buy, a next generation online real estate marketplace that offers fair and effective solutions to buy and sell properties, today provided a progress update and strategic commentary on its online marketplace that removes uncertainty and restores confidence in the real estate transaction model for foreclosure and distressed properties.
"Over the last seven months, Countdown To Buy has demonstrated that by working closely with listing agents, an accelerated sales cycle al estate agentscan be achieved without sacrificing sales price. Buyers and their agents are provided direct access to independently prepared valuation reports, and a trusted offer management platform that reduces prices 1% per day until a sealed offer meets the daily price," commented Tom Furey, Managing Partner of Countdown To Buy.
Key Company Metrics and Accomplishments
• Recognized as a top industry innovator by Bank Technology News and Connecticut Quality Improvement Award
• Secured over $1.5 million in funding from investors
• Successfully completed 2 pilot programs for leading financial institutions
• Obtained additional pilot commitments from domestic and international developers
• Featured properties in 19 states ranging in price from $20,000 to $680,000
• Sold more than 75% of all properties featured on the platform.
• Sold properties ranging in price from $20,000 to $220,000
• Average sales price exceeded comparable industry benchmarks
• Averaged 17 days from list to an accepted offer
• More than 90% of all accepted offers made it to closing
• Effectively improved overall sales performance on both new and aged REO properties
"We've been fortunate to work with large institutional clients that are open to innovation and willing to help us set a new standard for trust, transparency, and efficiency in real estate transactions. The new principles we introduced to the marketplace work well beyond REO so the foundation is now set to expand into Short Sales, help jumpstart or revive developments and subdivisions, and launch our high-end and international property pilots," commented Jim Hodson, Chief Executive Officer of Countdown To Buy.
In December 2009, Countdown To Buy launched its online real estate marketplace that allows qualified home buyers to purchase foreclosed properties in a uniquely efficient and transparent manner. For a video simulation of how the Countdown To Buy process works, please visit the Company's website at http://www.countdowntobuy.com or click on the following How It Works.
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 http://www.countdowntobuy.com.
Media Contact:
John Lovallo
Lovallo Communications Group
Telephone: 203-526-6371
Email: john.lovallo@lovallocommunications.com
Countdown To Buy Turns In Impressive Pilot Results With Its Innovative Online Real Estate Marketplace
Provides Mid-Year Progress Update
2010-08-12
ELSE PRESS RELEASES FROM THIS DATE:
IAPAM Enhances "Resources" Section with the Latest Cosmetic Laser and Skin Rejuvenation Advancements
2010-08-12
As part of the International Association for Physicians in Aesthetic Medicine's website, the Resources Sections provide doctors around the world with treatment-focused content and timely intelligence on the aesthetic medicine industry's leading procedures, such as Botox and medical weight loss.
The IAPAM's Resources Pages include clinical overviews of the most popular minimally-invasive technologies, including Botox and other neurotoxins, dermal fillers (such as Perlane, Restylane, Juvederm, etc.), body shaping technologies (from laser assisted liposuction to cryo-lipolysis), ...
Directus adds to their lineup a new rear view mirror with Bluetooth and Back-up Camera.
2010-08-12
This innovative mirror has all the great quality and functionality of its big brother the TD-40 Touch, but without the navigation. Designed to meet the needs of our savvy customers and delivered at a price point that is very competitive; the TD-43BT is poised to be a big hit in the industry. "We are pleased to bring the TD-43BT into our product line up" stated Dennis Hopper, Vice President of Sales for Directus. "The TD-43BT is aggressively priced and allows for customers who already own a navigation system to add hands free calling and the safety of a backup camera to ...
Direct Agents to Exhibit at Affiliate Summit East
2010-08-12
Award winning, interactive advertising agency, Direct Agents, is pleased to announce that they will be exhibiting at Affiliate Summit East on August 16th through August 17th. This premier affiliate marketing conference will cover the latest trends and information from affiliate marketing experts for those in the growing affiliate marketing industry.
"We are very proud to be a part of such an important event in the industry. The Direct Agents team handles many affiliate marketing needs. Whether it's choosing the best solution provider, recruiting affiliate relationships ...
Transport to Mexico with weekly specials and live music at Guanajuato in Glencoe
2010-08-12
Enjoy the upbeat sounds of a live trio band while dining on authentic Mexican cuisine and escape to Mexico at Guanajuato, a new contemporary Mexican restaurant in Chicago's North Shore. Guanajuato offers weekly dinner specials, plus live music 6 p.m. to 9 p.m. every Friday and Saturday.
Guanajuato, named for the beautiful state in the central highlands of Mexico where executive chef/owner Margarita Challenger was born, offers rotating lunch and dinner specials every week. All August long enjoy Queso Fundido con Mariscos, melted mozzarella cheese with grilled shrimp, ...
THE GYM Armonk's Spin-A-Thon Raises $2,815 for Cancer Treatment and Research
2010-08-12
Members of THE GYM Armonk, a premier fitness and health center in Westchester County, recently packed into the club's Spin Room to raise funds and awareness for the Dana Farber Cancer Institute. The three hour Spin-A-Thon raised $2,815 which was directly donated to the non-profit organization. The Dana Farber Cancer Institute is devoted to providing cancer patients with the best treatment available, while developing tomorrow's cures through cutting-edge research. The mission of the Dana-Farber Cancer Institute is to provide expert, compassionate care to children and adults ...
Business Ready Solutions, LLC Hosts Webinar for Companies That Have Outgrown QuickBooks Accounting Software
2010-08-12
Business Ready Solutions, LLC, a Microsoft Dynamics GP Partner, is presenting a webinar on August 26 for growing companies and larger organizations who are outgrowing QuickBooks and other entry-level accounting software. The webinar offers one hour of CPE credit.
"When and How to Move from QuickBooks to Microsoft Dynamics GP" provides a generic overview of mid-level accounting systems. It explains the signs that indicate companies should move beyond QuickBooks, and how and when an organization can easily and seamlessly migrate to Dynamics GP. Attendees will also see ...
Products for Growing Hispanic-American Population Can Be Found at Expo Comida Latina This Weekend
2010-08-12
Expo Comida Latina will begin this weekend and run for three days, August 14-16th, at the Los Angeles Convention Center in Los Angeles, CA, USA. Since 2002, Expo Comida Latina has been North America's trade show for Hispanic food and beverage, and this weekend's expo will feature companies with authentic, specialty, gourmet and mainstream products for today's Hispanic-American US population.
According to a special report, "The U.S. Hispanic Economy in Transition" by HispanTelligence, Hispanics are our largest ethnic group, totaling 15.1% of the U.S. population. There ...
Satellite Images Captured the Catastrophic Flooding in Pakistan - Satellite Imaging Corporation
2010-08-12
As many as 12 million people have been affected by the torrential rains and floods and about 1,300 people have died.
To read full story and view high resolution satellite images visit here - http://news.satimagingcorp.com/2010/08/1693.html
A total of 650,000 houses have been damaged or destroyed and up to 500,000 people are homeless in Punjab province. At least 1.4 million acres of farmland were destroyed in the province, where people rely heavily on agriculture for food.
Flooding of the Kabul River meanders over flat ground near the area, and standing water outside ...
PharmacyOneSource.com Celebrates 10 Years of Service; Approaches 50,000 Members
2010-08-12
PharmacyOneSource.com, the largest and fastest growing privately-held resource site for pharmacists in the United States, celebrates this month the 10th anniversary of its popular web community (www.rph.com/community) for pharmacists, technicians, pharmacy students and other healthcare professionals.
As the Pharmacy OneSource Community approaches its 50,000th member, the company would like to reward its loyal following of pharmacists and pharmacy directors across the nation. Pharmacy OneSource announced the member who refers the 50,000th registration for its site will ...
Customized Packaging Company, Makes its Mark at College Football Concession Stands Across the US
2010-08-12
Customized Packaging Company, Custom Packaging and Products, Inc., is supplying branded sandwich wrap, deli paper and basket liners for college football concession stands including the University of Georgia Bulldogs, the University of Florida Gators, and the 2009 National Championship team, University of Alabama Crimson Tide.
CP&P started working with college football teams to provide branding solutions for their concession stands two years ago. They provide custom-printed food wraps to provide brand identification for the sports team and to dress up the presentation ...
LAST 30 PRESS RELEASES:
Overthinking what you said? It’s your ‘lizard brain’ talking to newer, advanced parts of your brain
Black men — including transit workers — are targets for aggression on public transportation, study shows
Troubling spike in severe pregnancy-related complications for all ages in Illinois
Alcohol use identified by UTHealth Houston researchers as most common predictor of escalated cannabis vaping among youths in Texas
Need a landing pad for helicopter parenting? Frame tasks as learning
New MUSC Hollings Cancer Center research shows how Golgi stress affects T-cells' tumor-fighting ability
#16to365: New resources for year-round activism to end gender-based violence and strengthen bodily autonomy for all
Earliest fish-trapping facility in Central America discovered in Maya lowlands
São Paulo to host School on Disordered Systems
New insights into sleep uncover key mechanisms related to cognitive function
USC announces strategic collaboration with Autobahn Labs to accelerate drug discovery
Detroit health professionals urge the community to act and address the dangers of antimicrobial resistance
3D-printing advance mitigates three defects simultaneously for failure-free metal parts
Ancient hot water on Mars points to habitable past: Curtin study
In Patagonia, more snow could protect glaciers from melt — but only if we curb greenhouse gas emissions soon
Simplicity is key to understanding and achieving goals
Caste differentiation in ants
Nutrition that aligns with guidelines during pregnancy may be associated with better infant growth outcomes, NIH study finds
New technology points to unexpected uses for snoRNA
Racial and ethnic variation in survival in early-onset colorectal cancer
Disparities by race and urbanicity in online health care facility reviews
Exploring factors affecting workers' acquisition of exercise habits using machine learning approaches
Nano-patterned copper oxide sensor for ultra-low hydrogen detection
Maintaining bridge safer; Digital sensing-based monitoring system
A novel approach for the composition design of high-entropy fluorite oxides with low thermal conductivity
A groundbreaking new approach to treating chronic abdominal pain
ECOG-ACRIN appoints seven researchers to scientific committee leadership positions
New model of neuronal circuit provides insight on eye movement
Cooking up a breakthrough: Penn engineers refine lipid nanoparticles for better mRNA therapies
CD Laboratory at Graz University of Technology researches new semiconductor materials
[Press-News.org] Countdown To Buy Turns In Impressive Pilot Results With Its Innovative Online Real Estate MarketplaceProvides Mid-Year Progress Update