how can i use auction.com for remote units

Question

I want to buy properties from auction.com and the properties are out of state, my question is: how can i join the auction or bid while i am remote? Is there any platform they use or agent i can hire for this?

Thanks.

Bruce Lynn · Answer

I'm thinking you should bid what you know.  One advice I have is most often, except in the rarest of circumstances, is don't bid on it if you don't see it first.   Unless there is some kind of option period where if you win, you can go see it, then back out and get your money back if you don't like it.  Google maps/street view can help you eliminate properties, but they are not always your fiend on knowing which ones to bid on.   Plenty of times I've seen a decent house on street view only for it to be gone when I get there.  Not sure if they burned, got torn down by the city, or some other crazy incident, but there is fresh tilled dirt when I get there.

Some auction.com homes you can see inside, some are occupied and they advise not to disturb the tenants.

Michael Noto · Answer

@Mustafa Mo As a buyer you can bid on auction.com. Some other auction platforms require an agent license to bid, but not auction.com. You should be able to bid on any property regardless of where you are physically located when you make the bid.

Mustafa Mo · Answer

@Bruce Lynn thanks for your insights

Mustafa Mo · Answer

@Michael Noto this is very helpful. I was confused with the option of the live auction so I thought it does require me to be physically present there. Thanks for your clarification.

Karen O. · Answer

You set up a profile/login.  Then you bid.

Be advised that the property preservation specialists of the homes don't always preserve the foreclosed properties well.  Sometimes, they are downright derelict.

So when bidding on any house regardless of location, plan on and prepare for anything/everything to be wrong.

Don Konipol · Answer

@Mustafa Mo

I may not be understanding your question.  Auction.com is an on line auction platform.  You bid on line.  What difference does it make as to where you’re located?

how can i use auction.com for remote units

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