Take monotonous tasks off your plate and consider a solution that handles the entire auction process (including deed preparations), provides targeted marketing to hundreds of thousands of dedicated real estate buyers, and increases sales - helping both the lenders and the person losing their home.
With our easy-to-use platform, your agency is given the ability to list auctions for a preview for 30-45 days ahead of the 1-3 day bidding period, giving time to approve or decline each bidder based on whether they’ve met your requirements. We recommend a bid deposit/fee, photo ID, and confirmation that the individual is not delinquent on real estate taxes within your municipality.
We have an A+ rating with BBB and an experienced Customer Service team that has helped many government agencies (and their bidders) make the transition to online auctions for their real estate sales. We will contact all your previous bidders and walk them through the easy registration form on our site.
Whether you are a government agency with many properties or just a few, you likely don't want to take the time and effort to create each listing individually and then market your property to interested buyers. Let us take care of the marketing and create the auction listings for you! We only ask that you provide us with an Excel document containing addresses, minimum bids, parcel #’s, and any other information you deem fit.
The winning bidder is responsible for all closing costs including admin fees. Your agency keeps the full amount of the winning bid. We provide a straightforward and fully transparent online bidding process that allows sellers to maintain control of their property throughout the auction timeline.
Attorneys associated with your county will have access to dashboards with the capability to Stay, Postpone, and set Upset Prices for all auctions assigned to their office.
With capabilities to integrate with your civil process software or input the info with our customer service team, we can replicate and streamline the current auction process
We will develop a custom auction platform tailored to fit your specific terms and statutes, with the goal of mirroring your current auction process as much as possible.
We can provide all the following, and more! Sample terms and conditions of sale from other government agency foreclosure sales; custom URL to sort the list of your properties by a parcel or auction number of your choosing; For Sale signs to place on your properties; a press release to promote the sale(s); bid history and real-time reporting; and, the ability to cancel sales at any time before or after auction close (at no cost).
GovDeals, the world's leading marketplace for government agencies and educational institutions to sell surplus and agency-owned real estate, has partnered with Bid4Assets, the first and leading online marketplace for government foreclosure real estate auctions. This partnership offers governments, county tax collectors, and financial and educational institutions a unique opportunity to sell their real estate property in a transparent manner.
Sellers can now launch and manage their listings within a matter of days, giving them more control and lower fees compared to traditional auctions, and buyers also have direct access to all the surplus assets available across Liquidity Services' (NASDAQ:LQDT) network of marketplaces. Liquidity Services is a highly experienced and trusted company that supports millions of customers in the circular economy worldwide.
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