How It Works
If you are looking for a new home, a first time home buyer, real estate investor, or rehabber, our real estate auction website provides an excellent way to acquire properties quickly and easily. Our online home auctions provide a way for you to bid on properties conveniently from the comfort of your home, office, or on the go with your mobile device, 24/7. Find your dream home, locate a great new investment property to add to your portfolio, buy and resell our auction properties for profit, or sell your property fast using our property auction website. To sell or begin bidding on properties, you must first register with our website and agree to the Terms and Conditions. To register with our service, go to “Register” and provide all required information. Registrant/bidder will be notified by email to confirm registration; and the registration process made complete, upon validating of email registration notification.
How To Sell A Property: To auction sell your property, post your auction by clicking on “Sell.” There you will be asked to provide a full description of the property for sale, along with a photo of the property. It is important to provide as much detailed information on the property as possible as asked for, along with any amenities, photos of the inside, front, back of the property, and acreage, and of any adjacent properties also for sale. Once you have provided all requested information on the property, click on “Finalize and Publish Item” to see your live auction. Your property auction will then be posted and your auction sale available for public view. To edit or revise auction go to My Account> Edit auction.
How To Auction Bid On A Property: To purchase a property using our online auction website you will first be required to register and provide all required information, and then bid on a property. Bids can be placed on properties by clicking on the property profile “View Details” link, going to the “Property Description” page, entering the bid amount, and clicking the “Place Bid” button on the right. All Winning Bidders will be required to sign and submit all required documents (*Purchase Agreement, Commitment Letter) to seller and pay a Technology Fee along with other specified fees at final closing, and as required in the Terms and Conditions *Purchase Agreement, Commitment Letter documents, and closing agent/services are provided to all of our clients as a courtesy. However, the Winning Bidder/Seller may provide their own closing documents, if preferred.
Closing: Upon close of auction Winning Bidder will be required to place an Earnest Money deposit of $2,500 in Escrow, and as specified in the Terms and Conditions, payable to Seller upon acceptance of the Purchase Agreement/offer by the Seller and Buyer’s pre-purchase due-diligence. And the balance is to be paid in cash or in the form of a secured mortgage for the balance at closing. Title and keys to the property will then be transferred over to the buyer.