Countdown to Buy, a next generation online real estate marketplace that offers a fair and effective way to buy and sell properties, has announced that it successfully generated accepted offers on foreclosed properties in 30 days or less. The properties supplied by a leading financial institution were listed on the company’s Web site on March 5 and located in the Dallas market.

“We are extremely pleased with seeing this pilot execute as planned. Creating a way to generate competitive offers in less than 30 days benefits the institution, the agents, and the buyers,” said Tom Furey, managing partner of Countdown to Buy. “Our innovative approach demonstrates that even in a buyer’s market, objectivity, transparency and ‘controlled urgency’ can compel home buyers to make their first offer their best offer.”

For a video simulation of how the Countdown To Buy process works, please click "How It Works."

Founded in 2008, Countdown to Buy uses a patent pending technology that automatically matches buyers and sellers in a real estate transaction through a time-limited process that reduces the property’s list price everyday. Confidentially submitted offers are systematically compared to the daily price and when an offer matches or exceeds that price, the offer is automatically accepted and the contract process is initiated. Through the company’s Web site, property listings can be researched, showings can be arranged, and offers can be submitted.

For more information, visit www.countdowntobuy.com.