Anyone worked with XOME?

[Carnell Webb]

Anyone worked with XOME?

[Andrew Holmes]

Yep. It's pretty similar to Auction.com

Pretty much the same ground rules. We have picked up a lot of deals there but like all auction websites it's not consistent. 

They do proxy bidding (Meaning Fake bids) like Auction.com

You will see a property go for a crazy number. Then it will be back on again in a week or two later. A lot of people get sucked into the trap of thinking there is a lot of demand and end up over paying for the properties on these sites. 

If you know your numbers you can end up with some great deals. You have to be very patient. We have won bids numerous time and the bids were not accepted by the lender after the auction then the property come back. You can bid again.