Bairdwarner.com Offers Exclusive Online Search
Engine for Investors & Prospective Buyers of Area Foreclosed
Properties
CHICAGO /PRNewswire/ -- Real estate brokerage firm, Baird
& Warner, has launched a new interactive search tool that enhances
the online experience of those looking for foreclosed property or
houses. This new feature delivers to prospective buyers and investors
the freshest foreclosure information available, and gives them valuable
search capabilities developed to make the process easy and efficient.
"We're the only company to offer this kind of data in a
consumer-friendly format," says Charles Melidosian, Chief Information
Officer, "and since our soft launch of it last month, we've seen a 276%
increase in usage."
Visitors to bairdwarner.com will find the Foreclosure Search tool on
the home page. One-click launches an interface that quickly enables
users to search for foreclosures in their area and in other markets, via
price, house size, etc
"The foreclosure transaction is vastly different today than it was
five or ten years ago," explained John D'Ambrogio, Vice President,
Strategic Development, Baird & Warner. "Years ago only a few people
specialized in these transactions. Often buyers wouldn't even seen the
property, they merely invested in its potential." Juxtapose that to
today, where D'Ambrogio says this has become an active part of business
because there is such a large inventory of foreclosed properties on the
market and today's savvy consumers want easy and user-friendly ways to
access it.
D'Ambrogio heads up the firm's REO ("Real Estate Owned") division
that serves as intermediary to banks and others holding foreclosed
properties - managing everything from marketing, to utilities, repairs
and improvements so that they can be sold as soon as a buyer's financing
is in line. "These kinds of properties are priced to sell, involve
less emotion than the typical residential transaction, and in many cases
we can move foreclosed sales along very quickly." Baird & Warner
is the only known Chicago firm with a dedicated REO staff specializing
in this line of business.
Media Contact: Andrew Hayes | 312-823-4333
www.bairdwarner.com
Source: Baird & Warner
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