Empowering Commercial Real Estate Buyers and Sellers with Hubzu’s Proven Auction Experience and Expertise
LUXEMBOURG, March 24, 2025 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource®” or the “Company”) (NASDAQ: ASPS), a leading solutions provider for the real estate and mortgage industries, proudly announces that Hubzu®, a leading online real estate marketplace, has entered the commercial real estate market. Leveraging its extensive experience in real estate transactions and auctions, Hubzu is now offering a seamless and efficient solution for buying and selling commercial properties by auction.
“Hubzu’s expansion into commercial real estate represents a natural evolution of our auction marketplace. We’ve built a reputation for helping optimize the purchase and sale of real estate and bringing value to both buyers and sellers, and we’re thrilled to bring that same level of optimization and value to the commercial space. You can find and bid on commercial auction properties by visiting www.Hubzu.com/Commercial,” said Travis Britsch, General Manager, Hubzu.
Hubzu’s commercial real estate auction offering provides advantages for both sellers and buyers, streamlining the transaction process and helping to maximize value for all parties involved.
Benefits for Sellers
Hubzu’s innovative auction platform is designed to help sellers maximize their property’s exposure and streamline the sales process. Key benefits for sellers include:
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Nationwide Reach: Hubzu’s robust marketing capabilities help attract a broad nationwide audience of potential buyers. Plus, with over 2.6 million registered users, properties should receive broad marketing exposure.
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Simplified Selling Process: The platform provides real-time updates, helping sellers to monitor bids and manage transactions.
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Customizable Marketing Listings: Sellers can tailor their property listings to showcase key features and establish sales terms to attract serious buyers and help optimize results.
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Efficient Transactions: Hubzu’s online tools help reduce the time and effort needed to select a buyer and efficiently close the sale.
Benefits for Buyers
The Hubzu real estate marketplace also makes the property search and acquisition process more seamless and efficient. Key benefits for buyers include:
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Comprehensive Property Listings: Buyers can gain access to a wide range of properties including office, retail, multifamily, and industrial.
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Transparent Bidding Process: Hubzu’s platform provides prospective buyers with clear bidding instructions and robust property information, helping create a fair and competitive auction process.
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Customizable Search Tools with Real-Time Updates: Advanced search filters help buyers find properties that meet their specific needs, while real-time notifications on bidding activity keep them informed and engaged throughout the process.
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Online Due Diligence: Prospective buyers can access a property-specific online data vault, streamlining due diligence and helping enable smoother, more informed property transactions.
