All Forum Posts by: Jesse Vega

The Auction Asset Life Cycle: “Coming Soon”

In this post I will discuss the asset lifecycle that properties on auction.com typically go through. Understanding where assets are in the life cycle will help you command more deals and better ROI.

Auction.com has 4 major life cycle stages. Each stage of the lifecycle determines the level of participation that you as a bidder have. With this information mind you can property inject yourself into the most beneficial part of the lifecycle giving you an upper hand over other bidders.

“Coming Soon”

Anyone that's interested in making their move into online auctioning should begin here. These properties have all the information needed for you to do your due diligence ahead of the auction date. Doing your homework is key when it comes to ensuring the ROI needed to become a successful investor. While this doesn't mean that you shouldn't keep your eye out for other deals that are on the website, preparing for future deals puts you ahead of the curve from the untrained bidder.

“Coming Soon” properties may or may not come with a starting bid. These properties may also not be new to the auction block, and could be a result of a failed bid. This however should not sway you from doing your due diligence on anything that may interest you. Remember in this class homework is free, so feel free to go do as much homework as you like. For the most part though, coming soon properties are generally new properties on auction.com. These are the properties that you want to keep your eye on, and will likely yield the best revenue. The early bird gets the worm.

I have plans in the works to further help the community understand how to utilize Auction.com to its full potential. For now, please keep in mind that you should favorite any properties that you might see as a potential investment for yourself in the future, by simply clicking the star icon on the upper right-hand side. This will add the asset to your dashboard where you’ll be able to monitor properties for sold status, current bid status, and if they were bounced back.

Hi Helen, 

I charge $2000 per asset in Bitcoin, not due until you close escrow. A weekly list of properties goes out to all my investors typically in the range of $500- 20k.  Properties in cities, price ranges, property types can be customized. I will hand hold, and manage your account during the auction process. My services will help you skip bidding against the uneducated bidder that doesnt know the intricacies of the auction.com bidding process. 

Hello,

I would like to introduce myself as a potential sherpa for helping you guys to acquire auction properties online at bottom prices. Over the past year I have worked with auction.com to purchase properties not only under my name but also for several of my clients. Auction.com is an amazing resource for being able to find properties that are foreclosed and bank-owned. I have been able to consistently deliver over 100% ROI utilizing a self-developed algorithm that I run against the website.

Like any investor that is doing cash purchases, there comes a time where our money is essentially locked up until we are able to finalize a deal or free money. It was during one of those periods in my investment career that I realized that I could make this opportunity available to other people while I waited. By leveraging my algorithm and my knowledge of how the auction.com process works I was able to turn my knowledge into a service.

I know that it's really difficult to trust people that you meet on the internet especially with financial transactions. I am willing to do is the following: I will help members of the forum to purchase a real estate property of their choice, guaranteeing the lowest price that the bank is willing to take for a property, and sometimes even getting those properties for less.

If you would like to get involved with my services, please message me directly so that I can coordinate with you and get to know what type of property ranges you are looking to explore. I will not charge you a cent until you close escrow and your transaction has been completed. My services include, management of your account, negotiation of prices, weekly list of assets, and the over-all facilitation of the deals.

Hello,

Please consider the following listed for a property in Shady Side Maryland. The property is a 2 bedroom 2 bath single family home, walking distance to the water. I have recently discovered a deal that I am pursuing and would like to get this property sold as soon as possible. The property is currently listed for $149000, but I am willing to consider serious offers. my agent has advised me to wait until the election is over given that the market is very we're cautious at the moment. This home will make an excellent addition to anyone who wants to upgrade their rental portfolio. the home needs a couple of minor repairs in order for it to be move and ready given that tenants have recently moved out.