One third of all foreclosures in the United States fall into bankruptcy.  Most are snatched up by institutional investors or sold via pool sales and very few make it through to the home buyer. It can also take years to go through the process. BankruptcyListings.com works directly with the bankruptcy trustees through our parent company BK Global.  The properties go through a 3-Step process. In Review, Coming Soon and For Sale. This unique pre-marketing technique is proving very valuable in selling these properties. Several of the top US banks have already signed up and we have roughly 100k properties in pipeline.  This session looks at how the team at Foreclosure.com has launched BankruptcyListings.com and is tackling this opportunity in the US market.

1. Inventing
a
Niche

2. FORECLOSURE INDUSTRY

6. 6
National Offer Management Platform
Creates
Complete
Transparency
Online
Competitive
Bidding
Counter
Accept
Reject
Documents
Offer
History
Proprietary Offer Technology
OVER 380,000
HOMES SOLD
The National Offer
Management Platform
Averages 98.5% of
Appraised Value

7. National Short Sale Platform

8. Inventing
a Niche

9. EXCLUSIVE
INVENTORY HIGH
DEMAND

11. 2 Things Changed

14. EVERYONE OFFERED THE SAME THING

15. DANGEROUS GAME

18. That’s what we did?
We stopped trying to
improve the same old
same old

19. Mission
Find
Problems
Create
Solutions

22. FORECLOSURE MARKET
BANKRUPTCY
1/3
FORECLOSURES

23. How Do We Solve it?Change it?Improve it?

24. Build A Team of Experts
Bankruptcy Trustee
(Asset Manager)
Assist Secretary HUD
Retired
Bankruptcy
Judges
Bankruptcy
Attorneys
Bankruptcy
& Servicing
Experts
ADVISORY BOARD

27. What did Learn?

28. No Communication

29. Trustees
Independent Contractors
Data Tools Analytics

30. Large Market Opportunity

32. Revenue Models
Real Estate Transactional Revenue
Fee Based Revenue
Data & Analytics Revenue

33. Smart Data
BK GlobalTM Proprietary Data Technology
BK DATATM
POWERS OUR
DECISION MAKING
Nationwide Chapter 7 Filings
Nationwide Asset Search
Nationwide Asset Valuations
Nationwide Property Data
Loan Analytics
Real Estate Analytics
Asset Salability Analytics

34. Trustee Tools
BK ScoreTM
A DECISION TOOL THAT EMPOWERS TRUSTEES AND SERVICERS TO DETERMINE
WHETHER REAL ESTATE ASSETS QUALIFY FOR A CONSENTED SALE™

35. Solutions

36. Nationwide Broker Network
BK Global® has created a national network of real estate brokers who are qualified &
certified real estate professionals that specialize in the sale of real estate in bankruptcy.
WE HAVE THE RIGHT BROKER IN THE RIGHT AREA NATIONWIDE

37. Platform & Workflow Process

38. Uberof Bankruptcy

39. Built a Company
Trustee
Services
Case
Management
Servicers
Management
Broker
Management
Asset
Management
Management Team
FLORIDA
OFFICE
TEXAS
OFFICE
NEVADA
OFFICE
CALIFORNIA
OFFICE

40. Trustees
Lenders & Servicers
Real Estate Brokers

41. We Connect
TrusteesAgentsAttorneysServicersInvestors

46. Today
Boarding 1,000 Listings Per Month
20% of Trustees Trained & On Platform
1 Servicer on Platform & 5 in Process
550 Brokers Trained & Certified

47. Tomorrow
Boarding 30,000 Listings Per Month
100% of Trustees Trained & On Platform
25 Servicers on Platform
3,500 Brokers Trained & Certified

49. They looked

50. THANK YOU!
Brad Geisen
brad@geisen.cc