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Setting a lower starting bid often results in more bids for your property, and ultimately, a higher sales price for your property. For best results, it is recommended that you set the starting bid as low as possible.
In order to offer mortgage financing option, you must list your property for a period of at least 14 business days. This is to allow our preferred list of mortgage lenders sufficient time to analyze your property, in determining whether they can offer financing to your winning bidder.
Virtual tours are a great way to allow 1,000s of potential bidders to view your property, without the need of coordinating actual physical showings. Click here to view a list of service providers in your property’s area, who can help create a virtual tour for you.
By placing an initial bid, an ACH charge of 5% of the bid value will be charged to your bank account on file. This charge will be refunded to you after auction close if you are not the winning bidder. To review / update your bank information, Click here .
IMPORTANT! PLEASE READ…
We maintain a very strict non-circumvention policy! We regularly monitor communications between buyers and sellers. By listing a property for sale through RealtyAuctionsOnline.com, you are entering into a legally binding contract, per our Terms of Service.
Any attempts at circumventing the auction will result in permanent account suspension, AND a circumvention fee of $10,000…if circumvention occurs, we will take legal action if needed, to collect the circumvention fee, in an appropriate court of law.
For best results, we recommend listing for a period of approximately 14 business days. A property listed for this time period will receive optimal views, and will be more likely to result in the successful sale of your property.
In order to add Premium services to your auction listing, a credit / debit card is required. Click here to update your credit / debit card information.
Before bidding on properties, or listing properties for sale, you must first register. Registration is FREE for both bidders and sellers.
There is No Cost for placing bids on properties. However, in order to place a bid on a property, you must have a valid bank account on file.
For every auction which closes with a winning bidder, a “bidder success fee” of 5% of the winning bid price is due. For every auction you bid on, you must have available funds of 5% of the bid amount you enter, in your bank account on file.
For every auction you place a bid on, RealtyAuctionsOnline.com will process an ACH bank charge to your bank account on file, equal to 5% of your "initial bid," and 5% of every bid you place thereafter.
Example: You enter an initial bid of $100,000. An initial ACH charge of $5,000 is processed. You are outbid by another bidder at $110,000. You then enter a second bid of $120,000. A second ACH charge of $1,000 is processed.
If you are the winning bidder at auction close, you will receive an email with instructions for finalizing the transaction with the seller. Per our Terms of Service, you MUST contact the seller within 2 days of auction close, to arrange for the completion of the transaction.
If you are not the winning bidder at auction close, we will refund All ACH charges to you for that auction listing. NOTE: Chargebacks and ACH disputes are an unacceptable dispute resolution method, and will result in permanant account suspension and possible civil and crimial charges. Please refer to our Terms of Service for more information.
You may list properties on RealtyAuctionsOnline.com absolutely FREE! The listing process is incredibly simple, and allows you to customize your listings to your liking. For best results, it is recommended that you provide as much information in your property listings as possible.
After auction close, you will receive an email with the bidder’s contact information. Per our Terms of Service, you MUST contact the winning bidder within 1 day of receipt of the winning bidder's contact information, to arrange for the completion of the transaction.
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