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Listing Real Estate Auctions

These simple steps can go a long way in making your real estate auctions successful.

Be as descriptive as possible

Better information will lead to more bidders, higher bids, and less questions that will need to be answered. What type of property is this? Are there any utilities? Is this a foreclosure sale?

Set your boundaries

Include a specific contact person to address questions regarding the auction(s). If applicable, include a single inspection time for the property or dwelling for all interested parties to visit, like an open house.

Be precise

If you know what the property you are selling is zoned for, please include it in the description. If you have an appraisal, this is also great information to upload.

Stay one step ahead

Include lot size or dimensions in the auction description. Describe additional items if any are included. Outline the process and timeline regarding the transfer of the deed to the winning bidder.

Keep prospective buyers informed

Include any legal disclosures and rights of the seller, as well as the kind of Deed that will be provided to the buyer.

Announce any taxes, liens, or fees

Inform the buyer that there will be added fees at the end of the auction and detail how those fees are calculated.

Real Estate Surplus Solved

Attract the Right Buyers

In-house marketing targets developers and real estate investors throughout our real property advertising campaigns. Real property assets are advertised on MLS and/or niche websites that will expose your assets to targeted buyers. Email blasts are sent to previous bidders and buyers of real estate. GovDeals and Bid4Assets will provide strategic local outreach efforts, such as outdoor signage, For Sale yard signs, flyers for bulletin boards and to pass out to local businesses and residents, posting to local MLS, and press releases.

No Fees, No Risks

With no realtor fees, GovDeals and Bid4Assets sellers earn more revenue than agencies using traditional methods. One fee – a percentage of the sold amount – grants you access to online auction system, training, implementation, ongoing support, marketing, detailed reports, and any other services you require. We will be responsible for the payment of all internal costs.

If the fee is paid as a Buyer’s Premium, there is NO cost to your agency.
If the asset doesn’t sell, there is NO cost to your agency.

Protect Your Data

GovDeals and Bid4Assets help keep your organization compliant with all data privacy regulations in the reverse supply chain, ensuring you avoid fines, PR disasters, and other negative consequences of data compliance violations. We work closely with you to identify potential compliance issues, determine risk levels, and take appropriate action. This proactive approach ensures that your agency complies with all regulations and procedures.

Create a Virtual Experience

Include accurate, detailed information (including zoning and legal description for each property location), pictures, aerial photographs, links to maps, property information, appraisals (if relevant) and parcel numbers in your auction listings. Be sure to also include lot size or dimensions in the description and describe additional items (if any are included). The more detail is provided, the more confidence a prospective buyer has in the property and the more likely they are to place a bid.

Experience a Seamless Sales Process

All Real Estate sales have flexible payment options: set the auction to wire transfer only, collect the payment yourself, or have a local title company arrange payment and title transfer. We recommend you outline the process and timeline regarding the transfer of the deed to the winning bidder directly on the auction page. If there are taxes, liens, or fees that will be added at the end of the auction, include details about how those fees are calculated. Include any legal disclosures and rights, as well as the kind of Deed that will be provided to the buyer. For foreclosure sales, we can also coordinate and handle settlement and closing services on your behalf.