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Updated about 11 hours ago on . Most recent reply
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Note Buying Auction Sites: DebExpert vs. Paperstac
Has anyone had good/bad experience with selling notes on either of these platforms? We're looking to sell our first note (unseasoned, 2nd lien). Before we sign anything I'd like to get some feedback. Are there any other platforms we could be looking at?
Thanks!
Most Popular Reply
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Quote from @Kelly Beck:
Has anyone had good/bad experience with selling notes on either of these platforms? We're looking to sell our first note (unseasoned, 2nd lien). Before we sign anything I'd like to get some feedback. Are there any other platforms we could be looking at?
Thanks!
We have sold on paperstac, lots of brokers on there that never close. I ask everyone who is a broker for 3 references to who they sold to. That weeds out 95% of them.
Debexpert fees are too high to make the numbers work most of the time.
- Chris Seveney
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