Auctions
Bid4Assets
Bid4Assets runs online auctions of real estate for government sellers. Founded in 1999, it hosts tax foreclosure sales, sheriff's sales, and federal forfeiture auctions around the United States, with property searchable by state.
Alongside real estate, live auction categories include art, coins, financial instruments, inventory, and jewelry. Dedicated sections cover sheriff's sales and foreclosures, a Philadelphia sheriff sale program, federal, state and local government sellers, and $1 no-reserve auctions. The company also runs a Courthouse Steps program and a channel for owners with property to sell.
Bid4Assets says that since its inception it has sold more than 125,000 properties and grossed over a billion dollars in auction sales, and describes itself as one of the most successful real estate online auction sites operating today.
Live customer support runs Monday to Friday, 9:00 a.m. to 7:00 p.m. Eastern, which the company describes as over 40 hours a week, on (301) 650-9193 or toll-free (877) 427-7387, with voicemail outside those hours and a stated one business day response target. Separate addresses handle general questions and deposits, where the form of deposit and federal wire tracking information are requested. No standard buyer's premium or deposit schedule appears on the pages reviewed, so the terms of each individual sale need reading before bidding.
Best for
Investors bidding on tax-defaulted parcels, sheriff sales, and government surplus real estate who are comfortable doing their own title and condition diligence. Not for buyers who expect a broker, a showing, or an inspection before bidding.
What they do
- Online auctions of tax-defaulted real estate
- Sheriff's sale and foreclosure auctions
- Federal forfeiture and government surplus auctions
- County and municipal government seller services
- Philadelphia sheriff sale auctions
- $1 no-reserve auctions
- Auctions of seized personal property, coins, and jewelry
- Listing services for owners with property to sell
Details
| Attribute | Value |
|---|---|
| Founded | 1999 |
What stands out
- Founded in 1999, and says it has sold more than 125,000 properties since inception.
- Says it has grossed over a billion dollars in auction sales.
- Hosts tax foreclosures, sheriff's sales, and federal forfeiture auctions across the United States, searchable by state.
- Live customer support runs Monday to Friday, 9:00 a.m. to 7:00 p.m. Eastern, described as over 40 hours a week, with a one business day response target.
- Publishes a customer service line at (301) 650-9193 and a toll-free number at (877) 427-7387.