Glad to see follow through toward their stated strategic goal of building a substantial national base of landlords and property managers with this announcement.
And they finally filed their first 10-Q since the acquisition by the pubco! Bit of a complex capital structure so hopefully they’ll take steps to address that through some recap efforts.
Co-Signer to Showcase Services at 2013 Realtors Conference & Expo
“In support of our marketing efforts towards the 39 million rental residences and those that manage and lease those residences, Co-Signer is targeting those professionals attending the conference to introduce them to our Company and our services as well as to greet our current affiliates and associates. We are looking forward to meeting many who have expressed a strong interest in residential rent assurance. This event is a first major step since our merger in fulfilling the growing demand for cosigning services,” said Rebecca Eli, Vice President of Marketing for Co-Signer.com. Ms. Eli explained “We can fill vacancies now with qualified tenants. Our program can fill vacant units while eliminating the financial exposure due to lost rents from a defaulted or an evicted tenant at no cost to the landlord, property manager or leasing agent. During the Expo we will sign up in our booth realtors that work as property managers and leasing agents as well as new affiliates while orienting our new associates with our web site and service processes.” The Company has set up a series of private meetings with strategic partners and new and current service providers to help extend its marketing reach and service capabilities. With the host city being San Francisco, the Company anticipates a large presence by local real estate professionals as well as those from the Bay Area which features a high density for residential rental properties at over 50% and a population of over 8 million residents according to various online census web sites including www.BayAreaCensus.ca.gov.
Through a new service provided as a courtesy by the Conference, the Company has invited over a thousand professionals it has corresponded or worked with over the past year to visit their booth (#5370) and meet their management and service experts to gain a better understanding of how Co-Signer can help them achieve a lower vacancy rate, increase their rent revenue and better secure their cash flow at no cost to them.
For those interested in attending the Expo for free, which starts at 3:00pm on Friday, November 8 and culminates on Monday, November 11 at 1:00pm, please email the Company to receive an invitation prior to this Thursday.
About Co-Signer, Inc.
Co-Signer, Inc. is a financial and real estate services company. Its wholly-owned subsidiary, Co-Signer.com, Inc. is the nation’s premier commercial provider of residential rent assurance services offering rental guarantees on behalf of tenant clients to landlords, property managers, leasing agents and others that may be responsible for residential leasing. Co-Signer.com, Inc. provides its fee based tenant service to those who may have no, poor or bad credit due to a short sale, a bankruptcy, inconsistent employment, a long-term health issue or other circumstances. Typically these tenants are able to afford the rental payment for the new residence they seek. However, superficially their credit scores and financial profile do not readily qualify them with the prospective landlord. Cosigning services are available whether the tenant seeks a single family home, condominium, townhouse, or apartment anywhere in the United States. Co-Signer.com, Inc. uses a proprietary underwriting process with state of the art information services to achieve low default ratios that maximize company profitability.
The Company’s business strategy is to make the use of commercial rent assurance the U.S. industry standard by focusing its resources and market awareness efforts on landlords and property managers, educating them on the simplicity and value of the Company’s service that facilitates housing for tenants and maximizes occupancy rates and cash flow for landlords. With almost 39,000,000 rental units in the United States and 1 out of every 4 adults having poor or bad credit, the demand for commercialized cosigning services provides a real growth opportunity.
Forward-looking & Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that these forward-looking statements are further qualified by other factors. The Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
Mr. Andrew Haag
IRTH Communications, LLC
Tel: +1-866-976-IRTH (4784)
E-Mail: Email Contact, Email Contact
Company Website: www.Co-Signer.com