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ExactBid

6399 San Ignacio Avenue
San Jose, CA 95119
USA
(408) 361-5000
Website Company Summary Management Team
Management

President/COO/Operations: Markus Schmucki (2002)
Finance: Mark Greenough
Technology: Hal Schectman (1/31/2014)
Sales/Marketing: Greg Crews ; Thomas Cook
Customer Service: Phil Sanders
Board

Company

Business description: ExactBid provides web-based procurement and workflow management systems for real estate lenders and the real estate due diligence industry -- appraisers, property inspectors, environmental and geotechnical consultants, and others. ExactBid designs and operates secure, world-class systems to enhance the efficiency of their businesses. ExactBid's flagship product is RIMS (Real Estate Information Management System), a procurement and process management system that links lenders and service providers. Lenders use RIMS to bid, award, and manage appraisals and other due diligence services. RIMS users save time and money, and gain enhanced security, auditability, and regulatory compliance. Lenders using RIMS handled more than 30 percent of all commercial real estate transactions in the US in 2013. RIMSCentral is the service provider counterpart to RIMS, providing a private interface to bid opportunities for vendors, and a secure workflow and practice management system. More than 25,000 vendors used RIMSCentral last year to receive awards and manage their engagements from RIMS lenders and others. RIMS and RIMSCentral work in concert with each other to power the RIMS Community--a web-based solution for the procurement and management of real estate due diligence services. ExactBid, Inc. (EBI) has been serving the real estate industry since 1998, with corporate offices located in San Jose, California, the heart of Silicon Valley.
Partners include: CoreLogic ;  Boxwood Means ;  EDR ;  First American ;  InsideValuation ;  Situs
Capital

Ownership: Private  

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Overview
Record updated: Dec 2014
Sector: Internet
Year Founded: 1998
Headcount: 51-75
Ownership: Private