Auction.com Wholesale Strategy

[Greg Kousoulis]

Hello everyone! I recently have came across a means of wholesaling through Auction.com and want to know if anyone else has done this or what their thoughts are on it. 

Through Auction.com, you have one business day to complete the contract agreement, etc. after you have won the property with the highest bid ( I know Auction.com has the final say if you won or not if the reserve was never met).  According to Auction.com, if the contract is not filled out after the one business day, they charge you $2,500 and just relist the property at a later auction. With that being said, has anyone wholesaled using Auction.com and if so, how? It seems to me that the turn around time of one business day is almost not realistic when wholesaling. Or is it the case, that this rule of "one business day" is more of a loosely held rule and the one business day can turn into three or five? 

I'd appreciate anyone's input and would love to hear how people are wholesaling using Auction.com