Understanding the "FLEX BID" Listing Method
The FLEX BID combines traditional real estate transactions with the structure of a live real estate auction. The main benefit to sellers is the reduced cost of selling real estate. With our FLEX BID, the seller pays ZERO upfront fees and Zero commissions. Our auction process works better than most other listing methods in HOT market conditions. The FLEX BID method of marketing and selling a home offers buyers and sellers more options, control, and transparency when buying or selling real estate.
No more multiple offers with sellers seeking “highest and best offers” and buyers not knowing what to offer or worst yet, over-paying for the home. Buyers see EXACTLY what is being offered and can decide what they are willing to pay for a home.
Unlike traditional Real Estate Auctions, where buyers have to go into escrow without being able to preview the home, inspect the premises, have no contingencies, and a non-refundable deposit, Flex Auction is simply a better way to buy and sell a home.
At the end of the bidding process, the buyer will proceed with a standard Purchase Agreement, with all buyer’s contingencies and inspection time frames.
The whole process is transparent and convenient, which is why sellers and buyers love the process.