Updated over 6 years ago on . Most recent reply
Auction.com??
Anyone ever purchase or even bid on properties on Auction.com? If they don't sell on there to do they go to MLS? Do all properties have a reserve? What tools do you use to determine potential property value with repairs?
Most Popular Reply
Most auction.com properties USED to be on the MLS and didn't sell there. THEN they go to auction.com, which is more of a lead-generation system than an auction. There is no reserve -- the high bid gets submitted to the bank to accept, counter or reject, just like any other offer.