BRES Advisors
Santa Ana · Founded 2008
About BRES Advisors
BRES Advisors, Inc, formed in May of 2008, by a seasoned mortgage banker needing predictive modeling/valuation software for the purchase of distressed residential properties. Unable to find software to fulfill his needs and recognizing an emerging market void, BRES Advisors was formed to design, develop, and sell advanced predictive software tools for the distressed residential property market. This market is projected to total 18 million units between 2010 and 2015. REOlytics™ is a product built for financial institutions specializing in distressed residential assets and the Real Estate Owned (REO) or foreclosed property markets. It incorporates predictive asset behavior modeling technology providing banks, investors, financial services providers, and loan servicers unparalleled tools to make best execution decisions when liquidating distressed assets. REOlytics™ characteristics: - A proprietary mathematical model whose author holds a Ph.D. in Applied Mathematics from Harvard University - Predictive model drills down to sub-zip code level - Predicts values for property sale by multiple divestiture methods: Traditional/Realtor, auction, and bulk sale - Many others.
Company Facts
- Founded: 2008
- Operating status: Closed
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Last round: Equity Crowdfunding (Apr 2011)
- Website: bresadvisors.com
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