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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions." makes buying and selling a home easy.

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    Save at closing when you bundle with our preferred providers for mortgage and closing services.

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    Our advisors can help you start an application, connect you with lenders and guide you through the pre-approval process. Reach out with questions or let us know when you'd like to chat.

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    By bundling two or more services through and our preferred providers, you\'ll save time and money - up to $2,000* at closing.

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    Learn how to read the marketWhat is Your Home Worth?
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    Our advisors can offer unbiased advice on the best ways to boost your home’s value or even connect you with professionals who can help. Reach out to talk with an advisor and learn more.

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  • Want to learn more?

    With the traditional model, you need an agent to get your home on the MLS. With Owners, you get the freedom of FSBO with the unbiased support of our advisors. Contact us to learn more.

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  • Need a little help?

    Our advisors can connect you with a team of professionals—from our in-house title and escrow services to appraisal experts—to help you close the deal on time. Contact us for more info.

    Close the deal

    Our team is here to help you throughout the closing process. When the deal's done, you save on the seller's commission.

    What to expect from closing

Frequently asked questions

How is an advisor different from a traditional broker?

The biggest difference is agents can help you claim your rebate of a portion of our commission at closing. On a $350K home, you could get over $5,000. advisors are available by phone or email, and they'll manage many of the tasks you'd expect from traditional brokers – from scheduling showings to answering questions. They can also connect you with our network of real estate professionals for additional support such as escrow or title services.

Can I buy any house using

We can assist you with the purchase of any home whether it is listed in the MLS or For-Sale-by-Owner as long as you aren't represented by another real estate agent. Check the property details page to see if the home is eligible for a rebate.

How does help me save?

Traditional real estate firms make you pay a listing agent 3% to market your home. Then, a buyer's agent can take another 2-3% of your home's sales price. That's huge. is different because we remove the seller's commission from the equation – saving you up to 3%. Instead, you can list your home on our site and get the help of our advisors for a flat fee.

How do I list my home for sale on offers a variety of seller's packages. After selecting your package, you can set up your password-protected account. Then, you can enhance your package with special add-ons to boost your home's marketability.

Creating your listing on is easy. Simply provide basic property details, write a description of your home and upload photos. If you have questions along the way, you can always contact us for help.

How much do you charge for a listing?

Our basic 30-day trial listing is free. A full-service package, offering a 12-month MLS listing is $695. You can boost the selling power of any listing with special a la carte services. Check out our seller's packages by ZIP code to see what's available in your area.

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