Suggested Real Estate Module

Lance,

Hello, it's been a long time since we last spoke. Hope all is well with you and your family.

We've been purchasing distressed property in this economic downturn and have learned a few things in the process that may be an opportunity for the Knivis product portfolio.

For example, the handling of real estate foreclosures is very different than everyday real estate transactions. Is there an opportunity for a specialized foreclosure module to assist real estate agents/brokers? Foreclosures, auctions, etc. are a big thing these days in the real estate market. But is not well supported or understood by the average real estate agent. They are usually a day late and a dollar short, so to speak, when it comes to adding value to the foreclosure search and capture.

HUD sales have a strict set of rules and requirements that require special timing and actions on the part of certified HUD agents. Even though HUD will pay a whole 5% to the agent instead of the usual net of 2.5%, most agents do not become certified through HUD. Would a module that facilitates HUD sales and closures provide a competitive advantage for those agents not yet willing to take the plunge and open up a new market segment for Knivis?

Just some random thoughts for your consideration,

Geoff Nicholson