Xome Introduces Virtual Auction Game
16 Oktober 2023 - 3:00PM
Business Wire
New auction simulator provides access to
virtual scenarios based on real data, designed for aspiring
investors to learn about purchasing real estate online and put
their skills to the test
Xome®, a leading real estate marketplace, today announced the
launch of Xome Auction Simulator™, a game which allows users to
learn and experience the thrill of online real estate auctions.
Through this gamified simulation, novice investors can get more
comfortable with the process of finding and evaluating properties
and participating in real-world auctions, all in a fun environment
with no real-world financial risk.
“Xome Auction Simulator is designed to give homebuyers, whether
new investors or knowledgeable homeowners, a realistic opportunity
to experience and better understand how to buy real estate online,”
said Mike Rawls, CEO, Xome. “Creating this game is a great example
of the type of innovations Xome is bringing to the market, and we
are excited to launch this tool as a way to educate buyers as they
consider making smart real estate investments in a digital
environment.”
The game will be introduced to attendees at the BiggerPockets
Conference, BPCON2023, happening Oct. 15-17 in Orlando. In the
game, you can explore a virtual city called Auctionland, which is
modeled on actual property data from cities across the nation to
simulate scenarios that investors may encounter while engaging in
online real estate auctions. In this game, you can:
- Search for and identify ideal properties that match your
objectives
- Conduct research and necessary due diligence
- Set your investment budget and bid strategically on targeted
properties
- Decide whether to flip or rent properties post-auction and
watch your real estate portfolio grow
Once players feel like they have enough experience under their
belt, they can leverage their learnings to search, bid and buy in
the real world on Xome’s online auction platform more
confidently.
“Innovations like the Xome Auction Simulator demonstrate the
role and competitive advantage that Xome’s technology and
customer-centric approach has in this business,” said James Curl,
CTO, Xome. “Especially created for visual learners, this game
provides the opportunity to experience investing in real estate
online while having fun, and early feedback has been very
positive.”
Visit www.xome.com/simulator to play now.
Disclaimer
Real estate investing involves risk. Results may vary. © 2023
Xome Inc.; Xome Realty Services LLC; Xome CT LLC (CT properties
only); Xome PR LLC (PR properties only); Xome OH LLC (OH properties
only).
About Xome
Xome is a premier asset management company with a best-in-class
auction platform providing mortgage servicers end-to-end asset
marketing and disposition strategies, recapture solutions and real
estate and data services. Based in the Dallas area, Xome is an
indirect wholly-owned subsidiary of Mr. Cooper Group Inc. (NASDAQ:
COOP). For more information, please visit www.xome.com.
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