Altisource Portfolio Solutions has upgraded its sell-it-yourself real estate platform, Owners.com, and will offer a rebate to buyers who purchase a home through the site.
Altisource, a mortgage technology company in Luxembourg, has aggregated several features for home sellers in a single location on Owners.com, such as obtaining title insurance, securing an MLS listing and other document assistance.
Altisource has also partnered with Weiss Residential Research to add a feature to Owners.com, called the Trend Tracker Tool, that provides animated maps to show how home values in specific neighborhoods have changed over time. The tool also provides projections of future valuations.
In the rebate program, Owners.com will rebate half its commission to buyers who use the site to purchase a home in certain states, up to 1.5% of the purchase price.
Altisource acquired Owners.com in November and is using the service as a way to extend its own mortgage services directly to consumers. Altisource is marketing Owners.com to homeowners looking to sell their homes as a hybrid between using a residential real estate agent and selling it themselves.
