Hubzu, an Altisource business unit, is a marketing platform, providing innovative solutions for buyers, sellers, investors and financial institutions to facilitate real estate transactions online. The platform is an end-to-end disposition solution for short sale, REO, deed in lieu, foreclosure, CWCOT auctions and asset management. Hubzu empowers buyers and sellers by simplifying the home-buying process with transparent bidding and streamlined transaction support. Hubzu delivers optimal returns for sellers through marketing scale and amplifying exposure of each property through multi-channel promotion.
- Hubzu introduced a new mobile app and SMS notifications for auction outbids, end times, foreclosure auction alerts, bid prices and new properties.
- Hubzu also launched bulk property auctions offering sellers the ability to quickly liquidate a large number of properties at a fair price and allows real estate investors to quickly build out their own portfolio.
- Hubzu has facilitated the sale of over 220,000 homes nationwide, attracting over 1.76 million prospective buyers and real estate agents — with 4.65 million bids placed on the platform since inception.