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Exceleras Provides One-Click Access to RE Auction Platform

Exceleras Provides One-Click Access to RE Auction Platform


DispoSolutions asset management software integrates with online auction site Bid4Assets.com


GLENCOE, IL -- January 25, 2017 -- Exceleras, creator of the DispoSolutions Real Estate Owned (REO), ValueSolutions Collateral Valuation and ClearView Offer Management platforms, announced today a new integration to the Bid4Assets online auction platform.  Now mortgage loan servicers, asset managers and investors that use DispoSolutions can also send properties to online auction and review the results seamlessly through one dashboard. Exceleras now considers Bid4Assets a preferred partner.


"We continue to expand our solutions so that our clients can complete all of their work without leaving our applications," said Exceleras President and CEO Michael Harris. "Efficiencies will continue to be important to our clients and you cannot be efficient if you are switching between applications. In addition, we are very impressed with Bid4Assets. The company has been selling real estate through online auctions longer than anyone and their technology is a good fit for our own."


Founded in 1999, Bid4Assets is a real estate online auction company that was created to serve government agencies at the federal, state and country levels. The firm was the first to perform online auctions for the US Marshals Service through the Department of Justice's asset forfeiture program and is a leader in online tax foreclosure sales, having worked with over 75 counties across the country. Bid4Assets has sold over 100,000 properties of all types located in all fifty states and has over 675,000 registered bidders on its platform.


"We were looking to expand our online real estate sales beyond the government sector and we really liked what we saw in Exceleras and its DispoSolutions offering," said Jesse Loomis, President and CEO of Bid4Assets. "Exceleras has a great technology development team, which made integrating our systems fairly straightforward. Now, if a DispoSolutions client has not been successful moving a property through the traditional agent channel, they can send the property to auction with a single click and then get the results sent right back to DispoSolutions."


Unlike other real estate auction firms, Bid4Assets does not require users to sign long term contracts. Auctions can be ordered for seven, 10 or 14 days. When the auction ends, there is no further commitment. Best of all DispoSolutions clients pay nothing for online auction services.  The new functionality is now available to DispoSolutions users.


About Bid4Assets

Bid4Assets is a leading real estate online auction website, having sold over 100,000 properties since 1999.  The firm auctions all types of properties, including rental properties, fixer upper homes, multi-family, vacant land and commercial property.  The company specializes in distressed auctions for the federal government, county tax-collectors, lenders and bankruptcy attorneys. Bid4Assets conducts federal forfeiture auctions for the U. S. Marshals Service and has conducted online tax foreclosure auctions for over 75 counties nationwide. Find out more at https://www.bid4assets.com/.


About Exceleras

Exceleras, formerly Default Servicing Technologies (DST), Glencoe, IL, is a premier provider of web-based automated tools used by mortgage servicers and asset management providers to efficiently manage and value REO properties. DispoSolutions was engineered to help maximize performance throughout the REO servicing process. It combines complete workflow management for all phases of property management from initial default through final disposition of the real estate owned. The platform integrates easily with all major servicing platforms to provide a single, reliable portal for enhanced communications between all parties involved in the transaction, while ensuring full compliance and accountability. DispoSolutions offers built-in process checks that ensure accurate and complete information to help servicers make better, more informed decisions. It also provides easy access to quality service providers across the country, from appraisers to attorneys. The firm's national vendor database includes ratings to help servicers make better, more accurate decisions. Exceleras also offers the industry's most advanced and fully automated online valuation management software, ValueSolutions. Find out more online at http://www.exceleras.com.


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Media Contact:
Rick Grant
RGA Public Relations

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