ZwangsversteigerungEU

Foreclosure real estate mashup

Zwangsversteigerung.EU is the first interactive map for real estate in foreclosure in Germany. The company provides improved search capabilities for publicly available information. Besides a google map and the usual radial search, customers can save their search criteria and subscribe to new foreclosure sales with their email address. Most of the service is free of charge. The company's business model resolves around additional premium services. With a high degree in automation, it captured a steady revenue stream with minimal costs right from its launch in late 2009.