What Happened?
Calabasas, CA-based Genesis Acquisition Management has Appointed Devon Peterson as Chief Technology Officer
About the Company
Genesis Auctions is a members only online auction for professional real estate investors. The Genesis Auction platform is a leading resource for bank direct property ready for investors all over the United States. Our members are highly experienced and qualified buyers of real estate at any stage, from privately held to bank owned. Offerings are tailored specifically for the professional buyer of all sizes, ample time is given for diligence, and all auctions are performed online allowing easy access no matter your location. Since the platform is entirely members only, only approved members can bid, thereby providing an environment that has never existed before. Our team was built by investors for investors. Whether the single-family market grows from a $10 to $20 billion market to a $100 to $200 billion market will depend on how successfully investors are able to execute over the next few years. Institutional investors need to own enough homes in targeted markets to achieve cost efficiencies and a brand identity if they expect to succeed as operators of scattered rental or fix and flip properties. The principal driving force for Genesis Auctions is Uniting Qualified Nationwide Property with Qualified Professional Buyers. Consequently, multiple and expeditious sales below market value and with a high probability of closing are realized.
About the Person
Devin Peterson was Chief Executive Officer Logic Management and Operations. Most recently, he was Senior Applications Developer for Intuit
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