Uvestor.com Solves Kentucky Foreclosure Marketing Issues
LOUISVILLE, Ky., May 21 /PRNewswire/ — While online MLS systems have thrived in assisting traditional homebuyers and sellers during the past decade, those involved in investment real estate have been operating in a hazier world of disjointed communication. Recently-launched Uvestor.com is tackling this issue with a website that caters specifically to the needs of Realtors and Real Estate Investors that focus on foreclosures, short sales, wholesales, bank owned and distressed properties.
Uvestor.com’s information format is key. Since many of these properties involve refurbishment, the sellers on Uvestor list estimated repair costs with each property. In addition, the website’s photos are unusually large so that potential buyers can see in detail exactly what needs to be addressed. Potential equity is calculated based on the sale price, repair costs and estimated value after repair. Since the site was designed with investment real estate in mind, it can accommodate needs that have been neglected in the past.
“Real estate investors and the agents that sell to them have been forced to use tools that weren’t designed for their needs,” said John Williamson, Founder and President of Uvestor, LLC. “Around the country right now, investors and agents are using spreadsheets and flyers to sell these distressed properties. That is not going to help move the glut of foreclosed and damaged homes. Uvestor.com will.”
“Louisville Realtors and investors are going to love this system,” he added. “At only $8 per property per month, this is the most cost effective marketing tool available. This system has the detailed property condition data needed to help everyone take advantage of the best buying conditions we have ever seen in Jefferson County and its surrounding areas. I expect to see homes selling anywhere from $10,000 in the west end, to $50,000 in PRP, to $130,000 in Jeffersontown, to $190,000 in the Polo Fields.”
Louisville.Uvestor.com is the pilot market for Uvestor. After their Grand Opening Party at 6pm on May 29th at the Mellwood Arts Center, Uvestor.com will open its doors nationwide, offering $120 of free credits to the first 100 members in every market.
“I expect that Uvestor.com is going to be the most valuable web business to launch from Louisville in the last few years,” Williamson said. “There is no doubt in my mind that this will be a $50+ million dollar company in three years.”
For more information or to schedule an interview, please call John Williamson at 502 619-5145.
CONTACT: John Williamson
Uvestor, LLC
502 619-5145
Photo: http://www.newscom.com/cgi-bin/prnh/20090521/CL21249LOGO
AP PhotoExpress Network: PRN11
PRN Photo Desk, photodesk@prnewswire.com
Source: Uvestor.com
CONTACT: John Williamson of Uvestor, LLC, +1-502-619-5145, press@uvestor.com
Web Site: http://www.uvestor.com/
