Have you ever eSourced a House?

October 27th, 2022

What about an Office Building, Land or Materials?


Today’s post is by Ronald D. Southard, CEO at SafeSourcing Inc

These are two good questions as the real estate market reacts to work from home, inflation driven mortgage rates and uninterested buyers.  I have often thought about using a reverse auction tool to source a home. It should work in that it allows for initial offers, sets parameters for interested buyers and does not restrict you from over bidding or underbidding while providing feedback as to whether you are below the list price, reserve price and where you are ranked in the bid process. Easy right?

At SafeSourcing we have done all types of RFP’s and RFQ’s for construction related expenditures including land, architects, general contractors, sub-contractors and about any material you can think of needed for the final build. We then also hold the general contractors responsible to the items that drive their bid submission. Below are categories that have been sourced quite a few times.












SafeSourcing is a Procure to Pay SaaS based provider of a number of e-Procurement solutions and associated white glove services that are part of our SaaS offered SafeSourceIt™ eSourcing suite. These include but are not limited to SafeContract™, SafePO™, SafeDocument™ and our SafeSourceIt™ Global Supplier Database that includes over 557,000 vendor/suppliers.

To learn more, please contact a SafeSourcing customer services associate.



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