July 24, 2012
-- Maintaining one foreclosed property costs a bank $200 to $300 a day. Because banks are managing scores of properties, these few hundred dollars multiply ten thousand-fold. Slipstone shortens the repair process by THREE DAYS and saves MILLIONS of dollars. Slipstone is software as a service (SaaS), simplifying the REO industry with cloud-based interfaces that sync each step of the repair process. Asset managers, listing agents, and vendors communicate in real time and make decisions quickly with Slipstone.
Slipstone is now available in a beta version that allows users to help shape its cutting-edge technology.
With over two decades of experience in the software, real estate, and construction industries, the Slipstone team came to the REO industry, and after extensive research—observing asset managers, listing agents, and vendors at work—identified inefficient procedures, built a software solution, and introduced million-dollar savings. For more information, visit Slipstone online at www.slipstonemethod.com.