REO Network

What REO Network does

REO Network is an online directory platform that connects REO (real estate-owned) asset managers, banks, hedge funds, investors, and credit unions with screened real estate professionals who specialize in re-marketing foreclosed properties. Founded in 2000 by Duane Andrews, the platform operates as a division of ClearCapital.com, Inc. (a Nevada-incorporated private loan valuation outsourcing company) and claims coverage across 98% of the United States and 18,000+ cities, with a directory of over 6,000 brokers and 7,000+ total REO professionals including agents and vendors such as attorneys, contractors, escrow/title companies, and inspectors. The core product is a searchable web directory with screening requirements (licensed realtors with at least 3 years of experience, valid real estate license, REO experience, and one REO lender reference), supplemented by a Smart Search feature for sourcing talent by specialty and a free Asset Manager/Investor Concierge service providing personalized broker recommendations to institutional buyers.

The platform's revenue model is a freemium-plus-advertising structure: brokers and agents list for free, vendors pay $300 per state per year for advertising (capped at $3,000/year for 10+ states), and Premium Partner subscribers pay $600 per six months for prioritized list appearance and dedicated map placement. Distribution is entirely online through the self-serve directory at reonetwork.com, with a separate direct white-glove concierge channel for enterprise asset managers. The platform does not disclose financial information, has no external funding rounds, and operates as a non-app, web-only service with social presence on Facebook and LinkedIn.

The business is positioned as a niche two-sided marketplace in a foreclosure-cyclical industry, relying on network effects (broadest professional coverage) and distribution breadth (98% US coverage) as its primary moats. It has no disclosed AI/ML capabilities, and its product surface remains fundamentally operational (directory listings, geographic mapping, search filters) rather than technology-native. The platform is wholly owned by Clear Capital, whose broader portfolio includes Clario (a full-service valuation firm with 160+ staff appraisers) and CubiCasa (a Finland-based digital floor plan technology company acquired in 2021).

Name

REO Network

Legal name

ClearCapital.com, Inc.

Website

https://reonetwork.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

REO Network is an online directory platform, founded in 2000 and operated as a division of ClearCapital.com, Inc., connecting REO asset managers, banks, and investors with screened brokers, agents, and vendors across 98% of the United States via a freemium listing and paid subscription model.

Ownership category

akta.pro rank

Product category

Real Estate Services Directory / REO Broker Marketplace

NAICS

Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Foreclosure/REO & Distressed Property Brokerage (BPAJAAAI)

Keywords

• REO broker directory
• Real estate vendor advertising
• Asset management directory platform
• Premium partner subscriptions
• Property remarketing services

Headquarters

HQ city

Truckee

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Vendor Advertising: REO Network charges real estate service vendors $300 per state per year for advertising in each category. For vendors operating in 10 or more states, the total cost is $3,000 per year. Vendors receive featured placement when users search in their service area.
2. Premium Partner Subscriptions: REO brokers and agents can upgrade to Premium Partner status for $600 per six months, with options to subscribe for six months, one year, or two years. Premium partners receive prioritized list appearance and dedicated map placement.
3. Broker/Agent Directory (Free): Brokers and agents join the directory for free, creating network value for asset managers. This free tier drives platform adoption and attracts paying vendors and premium partners.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

REO Network operates an online searchable directory platform that connects REO asset managers, banks, hedge funds, investors, and credit unions with screened real estate professionals — including brokers, agents, property preservation vendors, attorneys, contractors, escrow/title companies, and inspectors — across 98% U.S. coverage for the marketing and disposition of foreclosed (REO) properties. Brokers and agents join the directory for free; revenue is generated from paid Premium Partner memberships (prioritized search visibility) and Vendor Advertising subscriptions ($300 per state per category per year).

Product overview

REO Network is a platform comprising a free searchable directory of screened REO professionals (brokers, agents, and vendors) connected through the core REO Network Platform, supplemented by a paid Premium Partners Program add-on for enhanced visibility in search results. The platform also includes a free Asset Manager/Investor Concierge service for personalized broker recommendations. Free directory listing is available for brokers/agents, while vendors pay advertising fees per state per category.

Differentiator

Problem solved

Functional benefit

Products and services

• REO Network Platform Online searchable directory platform that connects REO asset managers, banks, hedge funds, investors, and credit unions with screened brokers, agents, property preservation vendors, attorneys, contractors, escrow/title companies, and inspectors across the United States.
• Premium Partners Program Paid membership upgrade for REO brokers and agents that highlights their profile at the top of all searches in their service area, includes a dedicated spot on the geographic map, and provides enhanced exposure to asset managers, hedge funds, banks, and credit unions. Costs $600 for six months, with options for 1- or 2-year terms.
• Asset Manager / Investor Concierge Service Free white-glove service run by Business Development Manager Windy Keefe that conducts phone interviews on behalf of asset managers and investors, then delivers a narrowed-down list of recommended REO brokers matched to a property address.
• Vendor Directory Advertising Paid listing placement for real estate service vendors (attorneys, contractors, property preservation, escrow/title, inspectors, and 40+ other categories). Costs $300 per state per year per category, or $3,000 per year for coverage in 10 or more states; vendors receive featured placement when users search in their service area.

Quantifiable outcome

• 98% US geographic coverage
• +3 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Clear CapitalflagshipStrategic or Co-development PartnerREO Network operates as a division of Clear Capital, a highly regarded loan valuation outsourcing company. The tremendous success of REONetwork.com fueled the growth of Clear Capital, which now encompasses multiple divisions including REO Network, Clario (full-service valuation firm), and CubiCasa (acquired in 2021, Finland-based mobile technology company for digital floor plans).

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Xome: Xome is a digital real estate marketplace operated by Mr. Cooper that specializes in foreclosure listings and REO disposition. It is already an enterprise client of broker partners on REO Network and competes for the same broker and asset manager mindshare.
• Hubzu: Hubzu is a foreclosure and REO auction platform used by major banks and asset managers to dispose of distressed properties. It competes for the same asset manager and broker relationships as REO Network, with a similar focus on facilitating distressed asset disposition.
• Auction.com: Auction.com is a leading online marketplace for bank-owned (REO) and foreclosure properties, connecting asset managers, brokers, and buyers. It directly overlaps with REO Network's core use case of routing asset managers to REO disposition professionals, but operates a marketplace model rather than a directory.
• Equator: Equator is an REO and default servicing platform that connects servicers, asset managers, broker price opinion (BPO) vendors, and real estate agents for foreclosure and loss mitigation workflows. It overlaps directly with REO Network's broker-and-vendor matching for REO disposition.

Regional players

• LoopNet: LoopNet is a CoStar-owned commercial real estate marketplace that connects buyers, sellers, and brokers for CRE listings. It overlaps with REO Network's commercial REO directory use cases served by customers like Pace Probity Asset Management.

Broad incumbents

• Realtor.com: Realtor.com is a major residential listing portal operated by Move, Inc., a News Corp subsidiary, with broad agent directory functionality. It overlaps with REO Network's agent/broker discovery role but lacks the REO-specialization and screening layer.
• ICE Mortgage Technology (Black Knight): ICE Mortgage Technology (formerly Black Knight) is a major mortgage and default servicing technology vendor that provides loan servicing systems, default management, and REO workflows to servicers and asset managers. It competes for the same enterprise REO technology budget as REO Network indirectly.
• Zillow: Zillow is the largest US residential real estate marketplace, listing homes for sale (including foreclosure/REO inventory) and connecting buyers with agents. While not REO-specialized, its scale and agent directory features compete with REO Network at the edges for broker discovery.
• Homes.com: Homes.com is a CoStar-owned residential real estate portal that includes agent directories and foreclosure listings. It competes with REO Network for broker visibility and asset manager lead routing.

Emerging players

• PropertyOnion / DefaultServicing.com: PropertyOnion (and related default servicing directories) are niche REO and default servicing vendor directories aimed at connecting servicers with field service vendors and brokers. They compete for the same SMB vendor advertising spend that REO Network monetizes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/reonetwork
• LinkedInlinkedin.com/company/reo-network
• Xx.com/reonetworknow

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about REO Network