Hubzu Expands into Commercial Real Estate Auctions, Bringing its Proven Residential Auction Expertise to the Commercial Market

ASPS

LUXEMBOURG, March 24, 2025 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource®” or the “Company”) (NASDAQ: ASPS), a leading solutions provider for the real estate and mortgage industries, proudly announces that Hubzu®, a leading online real estate marketplace, has entered the commercial real estate market. Leveraging its extensive experience in real estate transactions and auctions, Hubzu is now offering a seamless and efficient solution for buying and selling commercial properties by auction.

“Hubzu’s expansion into commercial real estate represents a natural evolution of our auction marketplace. We’ve built a reputation for helping optimize the purchase and sale of real estate and bringing value to both buyers and sellers, and we’re thrilled to bring that same level of optimization and value to the commercial space. You can find and bid on commercial auction properties by visiting www.Hubzu.com/Commercial,” said Travis Britsch, General Manager, Hubzu.

Hubzu’s commercial real estate auction offering provides advantages for both sellers and buyers, streamlining the transaction process and helping to maximize value for all parties involved.

Benefits for SellersHubzu’s innovative auction platform is designed to help sellers maximize their property’s exposure and streamline the sales process. Key benefits for sellers include:

Benefits for BuyersThe Hubzu real estate marketplace also makes the property search and acquisition process more seamless and efficient. Key benefits for buyers include:

Whether you’re a seasoned investor or a first-time buyer of commercial real estate, or a commercial real estate seller looking for increased exposure and efficient transactions, Hubzu provides the tools and resources needed to help you achieve your commercial real estate goals.

To list your property for sale by auction visit https://www.Hubzu.com/Sell-Commercial. To explore newly added commercial auction properties, visit https://www.Hubzu.com/Commercial.

About Altisource®Altisource Portfolio Solutions S.A. is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets we serve. Additional information is available at Altisource.com.

About Hubzu®Hubzu is a leading online real estate marketing platform with over 2.6 million registered users. Since 2009, Hubzu has facilitated the sale of over 280,000 homes in the United States and Puerto Rico via its transparent online marketing and auction process. Licensed agents and brokers use the Hubzu platform to market and facilitate the auction of properties for their clients. Home buyers benefit from Hubzu’s search tools and automated and transparent bidding process to find and purchase new homes. Hubzu is part of the Altisource® Portfolio Solutions S.A. family of businesses. Additional information is available at Hubzu.com.

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