Use EBay to assign wholesale contracts?

[Dan Krause]

Has anyone ever done this? Successfully? Can anyone think of how the assignment process would work using EBay as a wholesale tool? Thanks, Dan

[Marc Freislinger]

I'm also interested.

I would make the bid my assignment fee. Minimum bid would simply be the minimum amount of profit you're willing to take.

In the ad would be:
A lot of pictures
Description
contract information (closing date, purchase price, etc)
A list of needed repairs, with 2 or 3 contractor estimates maybe?
Rent prices

It's an interesting idea. I see a lot of homes advertised where you are bidding on the down payment instead of the purchase price, so I wouldn't think it's much different then that.

Please do update us on how this turns out.