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, auditablility, and regulatory compliance. Lenders using RIMS handled 20 percent of all commercial real estate transactions in the US in 2008.
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 12,000 vendors used RIMSCentral in 2008 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.