Equator Short Sale Platform

By
Real Estate Services with Equator
http://actvra.in/dD2

Equator is the software platform over 58 Lenders and Servicers use to automate their various Default and Loss Mitigation strategies. One of the strategies Equator provides software to automate is Short Sale. This posting is to provide accurate and ongoing information about Equator’s Short Sale software solution. Most important to note is Equator is a Software provider and is not involved in nor makes any decisions on the actual Short Sale. We’re simply the software provider.

Our Short Sale platform is a software tool that Lenders/Banks use to communicate and work with Agents/Attorneys and/or Home Owners to assist them with the Short Sale process.

So who is Equator and what do we do?

Equator is a software company that has created a software website platform that helps banks and lenders automate the REO and Short Sale process. This software connects Lenders and Real Estate Agents just as ActiveRain is the software/website that connects all of us here.

With a Short Sale property on our website, we do not have any authority or ability to make decisions or even comment about it. Only the Servicers of that Loan can do that and they are the only ones with the ability to answer your Short Sale related questions.  

 

When to call Equator?

  • Questions about your login information or if you are locked out of the website.
  • Questions about how to use the software.

 When to call the Lender/Servicer?

  • Questions about Short Sale procedures, process, or status
  • Questions about individual loans

You can learn more about Equator at http://www.Equator.com.

 

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  1. Roy Kelley 03/11/2010 08:50 PM
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Tags:
equator
shortsale
reotrans
short
sale
reo
bank owned

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Rainmaker
30,102
Equator
Equator

Teresa I am going to forward this along to our support team and have them contact you.  They should be able to advise on how you should proceed....

February 17, 2012 08:47 AM
Anonymous #82
Anonymous
Trisca

How do you go about finding Realtors with this particular platform training or experience? 

March 31, 2012 12:51 PM
Rainmaker
30,102
Equator
Equator

Hi Trisca,

The best way to identify Realtors who have been trained on the Equator Platform is to seek out those who are Equator Certified.   Equator's Agent Certification program provides Agents training on how to use the Equator Platform, as well as testing  to ensure understanding.   Another great way to find Agents with training would be to contact your Lender or Servicer and ask if they have any Agents in your area they would recommend.   Finally, try searching through ActiveRain.   Please let us know if you have any further questions.   Thanks!

April 02, 2012 09:44 AM
Anonymous #84
Anonymous
Joanne Misci

My short sale request has been in the 'equator system' for 60 days now. It is on the second mortgage with BOA. We are in danger of losing a cash sale. When I contact BOA, they are telling me there is a problem with the equator system and they have left messages for tech support to call back. This has been going on for 4 business days now, and we are at a critical point in this. Does is really take tech support 4 days to resolve a system problem and have there been upgrades recently to the system. I am being told what used to take 24/48 hours is now taking 3 to 5 days, and Equator is being blamed. I feel like BOA is giving us a run around.

May 15, 2012 11:40 AM
Rainmaker
30,102
Equator
Equator

Hello Joanne,

I am not aware of any current issues with the workstation, but it would be a good idea to have our technical support team take a look just to make sure. Can you please send me a message with your contact information so that I can have someone contact you?  Our support team should be able to assist.

May 16, 2012 09:18 AM
Anonymous
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Rainmaker
30,102

Equator

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