Bidding, Buying, Selling, & Leasing Through Auction-Style Online Property Listings
This website provides real estate brokers and agents an online auction-style venue to offer their property listings for bidding by potential buyers; much like a live auction, except that there is no live auctioneer and everything is done online by the respective parties at a fraction of the cost of a live auction. The properties offered may optionally be listed on the MLS with instructions to bid for each property on this platform.
- The Website acts as a venue to allow one to offer, sell, buy, or lease Property, in a number of ways, including Auction-Style Listing, Buy it Now Listing, etc.
- We are not involved in the actual transaction between Buyers and Sellers.
- Listing party quickly finds a ready, willing, and able bidder-purchaser at the real market value.
- Bidders bid against each other. Then the best offer wins and buys/leases the property at a fair and reasonable price, subject to Seller acceptance.
- Participating brokers perform their duties per their respective agreements and receive their full fee from their clients.
- Buyer pays a Buyer's Fee for the use of the Platform and the associated marketing & traffic.
- Tenant pays a Tenant's Fee for using the Platform and the associated marketing & traffic.
Seller's broker/agent list their property details on the website and offer the property for prospective purchasers to bid on. The property details will include pertinent property information as well as certain important transaction details. The seller or seller's agent can decide on the type of auction-style listing such as absolute, reserve, with buy-it-now price, automatic or manual (seller selects the winning bid), showing times, or by appointment, etc.
Listing Types
Click here to see your Auction-Style listing choices.
Buyer's Fee Protection
Click here to see Buyer's Fee Protection.
Or simply put: no transaction, no buyer's fee.
Agent's Own Auction-Style Page on Agent's Website
Real estate professionals registered on this platform may even embed this platform in their own website, creating an auction-style page on their websites. Ask your IT person to frame the page showing your listings.
Use of this platform is subject to the platform's Terms of Use, Privacy Policy, and Platform User Agreement. Winning Bidders are to execute a Purchase Agreement in a form and with terms and provisions required by Seller.