Has anyone purchased investment properties from auction.com?

[Joseph Ball]

A colleague has told me she thinks we can BUY competitive deals through this service. Has anyone actually BOUGHT from auctions.com? If so, can you buy competitively? I never buy for more than 50% retail. 

Has anyone actually SOLD through this service? If so, how was it? I am always looking out for another exit strategy.

(I have no affiliation with auctions.com)

[Ryan Harthan]

I buy them occasionally when they do trustee sales but they're few and far between.  To their credit, Auction.com is GREAT at marketing and getting all sorts of new buyers out of the woods to bid on their properties.  This usually means that they're getting bid up until they don't make sense anymore.  Also - I've seen a dozen or so investors buy properties on them with SIZABLE federal tax liens, something I'm pretty careful at looking into before I bid on a house.  The disadvantage of being great at marketing is pretty tough competition for deals.