Billed as the nation’s leading platform for connecting sellers of residential bank-owned and foreclosure properties with everyday buyers, Auction.com has helped people invest in real estate properties totaling over $39 billion since the website launched about 11 years ago.
The process of using Auction.com to find and purchase investment properties couldn’t be much simpler. Prospective buyers get started by creating a free Auction.com user account and then searching a robust database that features more than 30,000 properties — all at a discounted rate.
When you find a property or home that catches your eye and makes you take a second look, click “start” and “save” on the dashboard. The more properties a potential buyer bookmarks on the site, the more relevant their personal auction recommendations become.
You can research and view property information reports and other documents on the property details page. If you are participating in an in-person auction, event details such as date, time, location, and what to bring to the auction are also available to view.
To bid in an online auction, first click “register for auction” and follow the subsequent prompts. To place an online bid, log into your account, locate the property from your dashboard and enter your bid amount. Once you’ve placed your bid, you can track the auction directly from your dashboard. If you win an auction, be sure to submit your information so Auction.com can generate a contract and send it straight to the seller.
The Auction.com contracting and closing team is always ready to help guide you through the purchasing and closing processes. Auction.com boasts a support team of more than 1,000 agents offering online and in-person assistance.
Through Auction.com, investors gain a deep collection of property data, increased interaction with sellers, extensive education, time-saving services and more, to help them find real estate deals and maximize returns.
With nine locations across five states (California, Texas, New Jersey, Nevada and Arizona), Auction.com claims some 4.4 million registered users along with some 329,000 properties sold to date, and more than 15,000 annual auctions across the 50 U.S. states.
*Intent does not endorse or recommend any particular products or services. The information contained in this article is for general information purposes only.
Rising home values can make it difficult for first-time homebuyers to break into a competitive housing market where monthly mortgage payments are higher than rent. Zillow has created a list of the top housing markets for first-time buyers, based on six metrics: population growth, low median home value, forecasted home appreciation, high inventory-to-household ratio, breakeven horizon and share of listings with a price cut. Here are the markets that made Zillow’s list:
- Tampa, FL
- Las Vegas, NV
- Phoenix, AZ
- Atlanta, GA
- Orlando, FL
- Miami-Fort Lauderdale, FL
- Detroit, MI
- Dallas-Fort Worth, TX
- Nashville, TN
- Charlotte, NC
- Houston, TX
- Philadelphia, PA
The year 2018 produced the most first-time homebuyers since 2006, with 43% of buyers making their purchase in the suburbs. Meanwhile, 40% of first-time homebuyers chose an urban setting, and the remaining 17% picked a rural location. This is further explained in the Home Buyer and Seller Generational Trends Report from the National Association of Realtors. The report reveals that convenience to a job, quality of school districts, affordability, and distance to schools were among the most important factors for buyers. Click here to read.
Zillow is an online real estate marketplace company that was founded in 2006. The company serves the full lifecycle of owning and living in a home: buying, selling, renting, financing, remodeling and more. It starts with Zillow’s living database of more than 110 million U.S. homes – including homes for sale, homes for rent and homes not currently on the market, as well as Zestimate home values, Rent Zestimates and other home-related information.
As one-stop shops for home buying and selling go, it’s hard to find one better equipped than Owners.com — a tech-enabled real estate brokerage that handles all key aspects of the home buying and selling process.\n\nIn business since 1996, Owners.com offers superior experience and savings through appropriately sized commission structures, smart digital tools and personalized service from local real estate agents. Collectively, these elements can save buyers thousands of dollars when it comes time to close on their home.
After starting out as an online directory of for-sale-by-owner (FSBO) property listings, Owners.com expanded its horizons in 2001 by giving FSBO sellers the opportunity to add listings to their local multiple listing service (MLS) for a fixed fee. By 2014, Owners.com had reached an even broader audience thanks to expanded seller choices, local agent support, increased exposure and commission savings. As of 2019, Owners.com had helped sell over 160,000 residential properties since 2009.
The success of Owners.com isn’t surprising, given the benefits that the Atlanta, Georgia-based company offers potential homebuyers. Consider, for example, that traditional real estate brokerages charge up to six percent to sell your home, and this commission is usually split between the listing broker and the buyer’s broker. If your home’s sale price is $200,000, you could be paying commissions up to $12,000, with $6,000 going to the listing broker and $6,000 to the buyer’s broker.
Owners.com is different because it offers numerous listing packages to fit a buyer’s specific needs and save a buyer on commissions. Sellers, meanwhile, should consider Owners.com for the simple fact that properties marketed on the company’s website are exposed to thousands of registered users. Additionally, if you purchase the Owners.com Flat Fee MLS, MLS Premium or 2% Full-Service Agent Listing Package, your home will be listed in your local MLS and the listings will be distributed on national real estate sites such as Zillow, Realtor.com, Trulia and Homes.com.
Recognized for its innovative approach to real estate, Owners.com has earned awards from numerous technology, financial and real estate leaders, including Forbes, PC Magazine, Fast Company and HousingWire. Call 866.874.8374 or visit the Owners.com resources page to learn more.