How Do Live Bid Auctions Work?

Online Auction Types:
Live Bid Auction
  • Verified Offers Only: To create a trustworthy bidding environment, only serious verified bidders using OTP and security deposit.
  • Verified Properties: We offer a wide range of properties, each one verified for your peace of mind.
  • Transparency: All property information and documents are available for download, making the only variable cost, which the auction engine solves for you. All bids are transparent but bidder identity remains private.
  • The Winning Offer: At the end of the auction, with full transparency and no hidden conditions or unexpected amendments, the bid that receives seller approval wins.
  • Secure Payments: The winning bidder has 48 hours to provide 10% of the winning bid amount or the full amount into escrow and sign an agreement ensuring fast, risk-free transfer of payment and ownership.

Note: Rest assured that all fees, including buyer and seller commissions (vary by property), will be applied to the winning amount. All fees are presented with no hidden charges.