Fieldbids.com is a system that allows field representatives in the foreclosure industry to place competitive bids for work posted by lenders and asset managers in the default mortgage services industry. Fieldbids.com was created in early 2007, by a servicing field representative. The purpose of this website is to provide field reps with a reliable source for acquiring jobs in the foreclosure field. The developers of Fieldbids.com have the strong belief that competition drives everything. Fieldbids.com was developed into a bidding system for just that reason. Fieldbids.com wanted to encourage the field professionals to drive their own prices, with the bidding approach. Fieldbids also used the bidding system in attempts to provide smaller, qualified representatives with the opportunities their larger counterparts enjoy.