Market Conditions Lead to Growth for Foreclosure.com

""Foreclosure.com"":http://www.foreclosure.com, based on Boca Raton, Florida, announced that it has doubled the size of its agent services department in response to high volume and demand for programs that help connect buyers and sellers in the distressed real estate marketplace.
According to Foreclosure.com, the marketing of foreclosures and distressed properties is an industry niche that is thriving as traditional sales continue to lag across the board. In fact, the company said, reports indicate that more than 45 percent of real estate transactions today involve some sort of distressed or foreclosure property.
Anthony Segrich, general sales manager at Foreclosure.com, commented, ""Foreclosures are red hot right now. Smart buyers are aware of what's going on - inventory is increasing around them, home prices are falling, and government incentives are now temporarily available for first-time homebuyers. It's the perfect time to achieve the American Dream and more than likely save big while doing it.""
Foreclosure.com, which maintains a comprehensive database of more than 1.8 million distressed real estate listings nationwide, explained that it facilitates the sale of homes by working hand-in-hand with the three main groups that are involved in the process: lenders, agents, and buyers.
According to Segrich, Foreclosure.com has forged powerful partnerships with several of the top lending institutions in the United States to help them market their listings on Foreclosure.com, which attracts millions of curious buyers from around the world each month.
Foreclosure.com features these lender-owned listings on its Web site, as well as the contact information of the appropriate agents/brokers. And if the lender does not have an agent or broker, Foreclosure.com will provide a qualified professional from its ""broker network"":https://www.foreclosure.com/secureflowlauncher.htmlx_flowId=sbn_agent&forceLanding. Most of the real estate professionals in the Foreclosure.com broker network have received training on all aspects of the foreclosure process through the company's ""Certified Foreclosure Agent"":http://www.foreclosure.com/education/cfa/index.html (CFA) program.
Segrich added, ""Our broker network and CFA program are invaluable resources in today's market. Knowledgeable foreclosure agents are in high demand right now. Agents and brokers everywhere have noticed this trend and are making the wise choice to swim with the tide. We simply facilitate the entire process and make it easier for them to participate in it.""
Foreclosure.com has also enhanced a marketing program that it says helps real estate professionals close more buyer transactions through greater exposure and increased market awareness. The company's ""Community Expert Program"":https://www.foreclosure.com/realestateleads.html markets individual agent services to thousands of potential buyers as their local real estate expert for less than the cost of one open house ad, Foreclosure.com explained. In addition, these community experts appear directly on the property details pages for all records on Foreclosure.com within their designated communities.
Jordon Wheeler, a Realtor in Stone Mountain, Georgia, who is also a Foreclosure.com community expert, said, ""I realized that in today's real estate market I had to do something different to increase my client pool. As soon as I became a community expert I started to receive three to four referrals per week from Foreclosure.com.""
Foreclosure.com said it expects opportunities for agents and brokers to continue to increase with the surge in Web site traffic and increased interest from buyers to capitalize on foreclosure deals. And that's just fine by Segrich, who said his company is looking forward to continued growth in 2009, 2010, and beyond.