Realty Times January 17, 2000

Homebid Drops Consumer Bids In Favor of Licensing Technology

Homebid.com is changing its direction. No longer will it be focused on becoming an e-broker, or an online marketplace, but will instead license its offer and transaction management technology so that real estate brokers can perform their own e-auctions.

Along with some additional announcements promised by CEO Kevin Hickey will be a new look for the Homebid.com web site to complement its new business-to-business thrust.


Source: Company Press Release



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