Auction.com is an online auction marketplace that streamlines the distressed property transaction for buyers and sellers. Unique features like Remote Bid, found on the Auction.com mobile app, transform distressed sales by letting investors bid on select foreclosure properties from anywhere. With Remote Bid, investors can participate in multiple foreclosure auctions at the same time, watching, joining and tracking bids concurrently in real time, all without attending the auction venue.
- Remote Bid has rolled out in 14 states covering 830 counties
- Has attracted 3,000+ approved bidders to its platform
- Over $55 million has funded through Remote Bid since June launch
- Over 30% of winning properties in Texas on the Auction.com platform are from bids placed using Remote Bid
