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ForeclosurePoint Announces National Launch of BrokerOffice, an Online Service That Enables Real Estate Brokers and Agents to Turn Their Websites Into Foreclosure Property Profit Centers

Posted: 2008-03-25 10:57:16

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Seattle, WA -- - Free Foreclosure Listings Right on Your Website - - Capture Buyer Leads at a Higher Rate So You Do More Deals - ForeclosurePoint, which provides online information and technology services to real estate professionals, homebuyers and investors, today announced the national launch of BrokerOffice, which enables real estate brokers and agents to make more money in the foreclosure market by turning their websites into foreclosure property portals that generate a high rate of buyer leads and sales.

www.ForeclosurePoint.com features more than 1.4 million foreclosure property listings, with property addresses, filing dates, estimated opening bids and satellite images, among other property details.

With BrokerOffice from ForeclosurePoint (http://www.foreclosurepoint.com/) on a real estate agency website, homebuyers and investors can search and research default properties in a local or regional market.  Searching is free, with agents collecting referrals from people interested in pursuing opportunities in the hottest segment of the residential real estate market today: foreclosure properties.

BrokerOffice is the only product available to real estate brokers and agents that displays listings including property addresses directly on agency websites, so visitors can research properties without leaving a broker or agency's website.

BrokerOffice seamlessly integrates into individual and agency websites, maintaining the client company's brand identity.  ForeclosurePoint keeps the listings fresh, with no work or worry for customers.  The search interface is easy for buyers to use, and there are additional online resources to help investors understand the foreclosure market.

"Opportunities abound for real estate professionals and buyers to profit from foreclosure properties, but until now the market has been largely closed to all but a few dedicated players," said Chris Matty, ForeclosurePoint's Chief Marketing Officer.  "ForeclosurePoint is opening the market with new services and informational tools for brokers and buyers that facilitate short-sale, auction, MLS and REO transactions."

Matty added: "BrokerOffice turns real estate professionals into foreclosure experts, and allows them to monetize the foreclosure market right from their websites, with detailed foreclosure inventory and a highly effective system of capturing and converting buyer leads."

Based on Beta testing of the service, BrokerOffice captures leads at a rate of between 15 percent and 30 percent of site visitors.  By comparison, broker websites typically capture lead information on between 1 percent and 3 percent of website visitors.

"Foreclosure properties are hot, and we intend to capture our share of the deals in the markets in which we do business," said Al Franzen and Mike Garrett of Windermere Real Estate, a residential real estate brokerage firm that operates in the Western U.S.  "With BrokerOffice from ForeclosurePoint on our website, we're able to attract a larger share of Internet traffic and generate meaningful leads for agents, who appreciate the business in this otherwise slowing market."

More Details on BrokerOffice

BrokerOffice is available now in 35 states, including more than 800 counties and more than 80 metropolitan areas.

  Additional product features and benefits include:

  --  Client acquisition and administration interface allowing brokers and
      agents to manage lead information online or export the data into
      common customer relationship management (CRM) tools
  --  Property listings include street number, and aerial and bird's-eye map
      views of properties in most cities throughout the United States
  --  Portal resources include information on national and local foreclosure
      laws, and exclusive feature articles by foreclosure experts




For more information on BrokerOffice, visit http://www.foreclosurepoint.com/BrokerOffice, email us at sales@ForeclosurePoint.com or call 866-841-5641.

About ForeclosurePoint

ForeclosurePoint, a service of DepotPoint, Inc., is opening the door to the foreclosure market for real estate professionals, homebuyers and investors interested in purchasing properties below market value or facilitating transactions.  ForeclosurePoint.com features more than 1.4 million foreclosure property listings across the U.S., with property addresses, estimated opening bids, satellite images and other property details.

ForeclosurePoint is based in Bellevue, Wash., outside of Seattle.  Visit http://www.foreclosurepoint.com/ for more information.
   Notes:

First Call Analyst:
FCMN Contact:


Source: ForeclosurePoint


CONTACT: Cary Brazeman, +1-310-205-3590, pr@ForeclosurePoint.com, for
ForeclosurePoint

Web site: http://www.foreclosurepoint.com/


About This Release
If you have any questions regarding information in this press release, please contact the organization listed in the press release. Issuers of press releases and not TCI are solely responsible for the accuracy of the content.

 
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