VIP Asset Exchange Invitation Only VIP Asset Exchange • Online trading platform and facilitator for multiple sellers • Private , invitation only • REO’s, PL and NPL in 1st and 2nd position • you will only see what you are entitled too • Vetted sellers • Quality control process where each asset is reviewed for accurate information and documentation How to Buy Assets • • • • Search Perform due diligence (always) Submit offer Offer accepted, countered or denied • PSA within 2 days • 20% escrow within 24 hours of final PSA • Close deal • Within 10 days Keeping Track of Offers You can keep track of your offers by going to the "My Account" page and clicking on the offer status that applies. Below is a list of offer statuses: • New offers • Countered offers • Pending offers • Contracting offers • Closing deals • Completed deals • Denied offers • Cancelled offers