Countdown To Buy Platform Sees Success

""Countdown To Buy"":http://www.countdowntobuy.com/, a next-generation online real estate marketplace based in Bethel, Connecticut, announced Tuesday that it successfully generated accepted offers on foreclosed properties in 30 days or less.

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""As DSNews.com reported"":http://dsnews.comarticles/countdown-to-buy-launches-pilot-program-in-texas-2010-03-03, Countdown To Buy entered into a new pilot program earlier this month with a banking institution to offer a sampling of foreclosed properties in Texas. The properties included in the pilot were located in

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Dallas and were listed on the company's Web site on March 5, 2010. And before the month's end, offers have already been accepted.

""We are extremely pleased with seeing this pilot execute as planned,"" Tom Furey, Managing Partner of Countdown To Buy. ""Creating a way to generate competitive offers in less than 30 days benefits the institution, the agents, and the buyers.""

Furey said the company's innovative approach demonstrates that even in a buyers' market, objectivity, transparency, and ‘controlled urgency' can compel home buyers to make their first offer their best offer.

Founded in 2008, Founded in 2008, Countdown To Buy uses a patent-pending technology that automatically matches buyers and sellers in a real estate transaction through a time-limited process that reduces the property's list price every day. Confidentially-submitted offers are systematically compared to the daily price, and when an offer matches or exceeds that price, it is automatically accepted.