If you have agency-owned real estate (or any surplus assets), you can list it on GovDeals. All tax and mortgage foreclosure sales events can be listed on Bid4Assets.
Our account management teams provide a variety of services surrounding your auctions including:
Auction Creation
Bidder Registration & Deposit Collection
Marketing & Auction Promotion
Bidding Procedures
Settlement & Post-Sale Reporting
Yes! Sellers always reserve the right to approve or reject the final bid on any auction.
We can. We can also assist your staff in creating and managing your auctions themselves.
With no realtor fee and the option to charge only a Buyer’s Premium, using our marketplaces can be low-cost or even free for your agency tolist property.
We recommend conducting a real estate auction for three to four weeks minimum. For higher-valued commercial properties or foreclosure sales, we recommend six to eight weeks. This will allow substantial time for our Marketing team to advertise the property.
Marketing varies based on the type and value of the real estate being sold. It can include real estate ads, social media publications, press releases, email blasts to existing bidders, and providing real estate signage for placement on location.
Yes. Both minimum bids and reserve amounts can be set on real estate auctions.
Sellers can add any fees to an auction before it opens, such as stamp fees and recording fees. These fees must be disclosed on the auction page before the start of bidding
Yes! Bid deposits can be collected from bidders. We will recommend the appropriate amount based on the value of the property.
Yes! We are equipped to handle real estate auctions of all types.
Yes! Include the same information about the property (legal description and description) as you would for a non-commercial property.
Yes! Work with your account manager on setting up another account.
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