Auction.com Review

Auction.com gives buyers and sellers a marketplace for real estate properties. You can create a free account and search over 30,000 properties online, with the largest selection of residential bank owned, foreclosure and short sale properties. Auctions are available in all 50 states as well as access to property information reports.  A contract and closing team is available to help with the closing process and auction.com can generate the contract and send it straight to the seller.  

About Auction.com

  • Website: Auction.com

  • Competition:  Medium

  • Free Sign-Up: Bids Require Bidder Qualifications & Deposit

  • Other ways to get free bids: n/a

  • Auction.com Coupons: None that we know of.

  • Auction.com Address: One Mauchly Irvine, CA 92618

  • Phone Number: (800) 793-6107

  • Facebook: facebook.com/Auctioncom/

  • Twitter: twitter.com/auction

  • BBB Rating: B (Owned by Ten-X, Accredited )

Auction.com Review

Changing the way property auctions are done Auction.com brings online bidding to the sale of residential bank-owned and foreclosure properties. Who wouldn’t want to buy some property for a better deal, especially with how market values of home just keeps going up.

Auction.com is focused taking the in person real estate auction online, with tons of technology and data science behind the scenes. Once you register for a free account you can start to search their listings and you can save listings you like and auction.com will show you similar properties in your feed. 

They have a lot of resources to make sure your prepared to start bidding with how to guides and videos. Customer support is available throughout the process via phone or live chat. We find Auction.com to be a great auction site but if you are not up to date on purchasing real estate, members on Reddit say “The general consensus is that it’s not for the novice or rookie investor”.

The other side to this is that if you do your due diligence you can purchase property for a lot less than market price! 

Auction.com Features

  • Access to property information
  • Exclusive properties 
  • Personalized feed
  • Onsite and online education
  • Customer support throughout the entire process.
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Auction.com FAQ’s

Are all of the properties available for online bidding? 2019-01-07T01:11:53+00:00

Although most are online, the short answer is no. There are still auctions that are held live at public venues Auction.com provides details for these events on their auction calendar.

Should I consider getting a real estate agent to help? 2019-01-07T01:05:47+00:00

Auction.com will ask you when you are registering if you are represented by an agent.

Although it is not necessary to have an agent, a professional can always help.

What to do when you win an auction? 2019-01-07T01:03:42+00:00

Once you are declared the winner of the auction, there is an earnest money deposit that is required to be paid on the day you win. Then the customer service team helps with completing contracts to send to the seller.

What do I need to participate in an auction? 2019-01-07T01:08:22+00:00

Some properties are going to require bidding qualifications, in this case you will be in touch with an auction.com customer service agent to guide you on specific instructions.

Outside of this all you need is an internet connection and your credit card.

How do I register to bid on a property on Auction.com? 2019-01-07T01:06:45+00:00

Once you find the property you want to bid on, click “Register for this Auction”. Then you will be asked to create an account.

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2019-01-09T15:30:52+00:00 January 9th, 2019|Online Auction Reviews, Real Estate Auction Reviews|

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