top of page
What is
Homebids?
homebids is a Hybrid between real estate auctions and traditional real estate. We took the best features from real estate auction and traditional real estate and created a process that works better than any other selling method in any market condition. The homebids method of selling real estate gives buyers and sellers more options when buying or selling real estate.
The homebids process is transparent and convenient which is why it appeals to sellers and buyers alike. Why be bound by 6 months (or longer) listing agreement when homebids delivers in 15 days or less in most cases? Choose a method that gives results.
Think outside the box. Technology is changing very rapidly in the real estate industry. Let our advanced technology, online marketing campaigns, and the human touch of a real estate broker sell your property in record time and save you a lot of $$$ in commissions.
HOW IT WORKS FOR BUYERS:
BUYER`S PREMIUM 3.5% (Built into the sales price)
HIGHEST BID + BUYER`S PREMIUM = SALES PRICE
• Buyer`s premium covers 3% to selling agent and 0.5% to HomeBids!
HOW IT WORKS FOR SELLERS:
Sellers reserve the right to accept, negotiate or reject the highest bid. (No risk involved)
• Highest bid and bid history are transparent. (Displayed on the auction website at all times)
• No long term listing contracts
• Bidding process conducted online only
• Buyers approved for bidding manually by the seller or seller’s agent, or instant buyer
approval online by credit card.
• No upfront fees required from seller
• No property inspections required prior to acceptance of the highest bid
• Once the highest bid is accepted by the seller, buyer goes into escrow with all buyers’
contingencies and inspection time frames in accordance with the purchase contract specific
for the State where the property is located.
• Property will be available for viewing only at the Seller's convenience
homebids works in any market conditions and brings multiple offers on a property within 15 days or less in most cases. Sellers will be able to watch the entire process on their computer, from the comfort of their home or office. Sellers have total control and there is no risk involved because the seller reserves the right to accept or reject the highest bid. homebids option reduces the number of showings since the property will be shown at the open house dates only, (unless agreed otherwise).
Prospective buyers are approved through the online system.
bottom of page