Auction.com received a 2026 MortgagePoint Tech Excellence Award for SmartSale®, its pre-foreclosure private selling program.
This recognition reflects the work our team has done to create a more transparent path for homeowners facing difficult timing decisions before foreclosure. SmartSale brings broader buyer exposure, local-agent support, and guided coordination into a process where visibility and timing can materially affect the outcome.
SmartSale gives homeowners a way to test the market before foreclosure. The program pairs each homeowner with a SmartSale Concierge and a local real estate agent. Auction.com’s marketplace adds national buyer reach. In markets with MLS exposure, the listing reaches retail buyers too, reducing reliance on a single off-market offer.
That added exposure matters. Auction.com analysis has shown that some pre-foreclosure homes sell at 20% to 30% below market value when too few buyers see the property. SmartSale brings more buyers into the process earlier and gives homeowners support as they work toward a sale.
Results point to a clear market need:
- The “sell” button on Auction.com’s homepage generated more than 3,000 leads in the first several months.
- After SmartSale’s formal rollout, total lead flow rose 97% year over year.
- In rural Oklahoma, a property that had sat on the retail market for a year found an offer within 30 days after adding SmartSale exposure through Auction.com.
- SmartSale helped a customer close a challenging FHA short sale with valuation challenges in under 30 days.
The award underscores SmartSale’s role in opening pre-foreclosure sales to more market competition before the foreclosure path becomes final. For buyers, the program also creates access to homes that do not always reach the open market.
Learn more at SmartSale.com.