Exceleras Updates it REO Disposition Platform with New Functionality


Not long ago, Exceleras added some consumer-facing functionality to its platform to allow consumers to search for REO.

Now, the company has enhanced the link between this tool and its DispoSolutions software to give REO agents some additional power.

The result is faster disposition.

The company says in a release that this new functionality makes it significantly easier for REO agents to get real estate buyers into the pipeline.

The company, which offers the DispoSolutions Real Estate Owned (REO), ValueSolutions Collateral Valuation and ClearView Offer Management platforms, says the changes were completed over the course of its last two update cycles.

“We have now completed the rollout of new features that constitute a major upgrade to our consumer-facing real estate search engine and its integration to DispoSolutions,” says Amy Bergseth, chief operating officer for Exceleras, in a release. “With this latest update, we have improved menu navigation for buyer agents, allowing them to switch easily between the consumer search site and the manage offers page within ClearView.

“REO agents who use this new functionality can offer their customers faster service, ensuring that real estate investors win more deals and servicers dispose of REO faster,” Bergseth adds.

With less REO on the market, buyers seeking distressed properties are facing stiffer competition. To get the best deals, they must find the real estate and then move quickly to place their offers.

To facilitate this, Exceleras now allows agents and vendors to initiate and complete custom tasks within DispoSolutions on their own.

This puts Exceleras REO agent partners at a clear advantage in the market as the new software allows them to deliver a timely and quick response.

ClearView is a real estate offer negotiation tool that works with DispoSolutions and is designed to allow a buyer’s agent to submit an offer directly to the bank or servicer.

While the search engine is a tool for investors, only licensed agents can make offers through the ClearView platform.

Exceleras made news back in May when it announced that had added Barry Owens as vice president of business development.

Owens has nearly 30 years of mortgage servicing and sales experience and a history of providing technology solutions that enable operators to perform at their peak, the company says in a separate release.

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