Name: Auction.com
Rating: 10 (1 reviews)
Author: Ten-X

Help Desk

Web and Video Conferencing

Customer Support

Accessibility Testing

Automation Testing

Version Control

Development

Virtual Classroom

Education

AI Document Creation

Business Intelligence (BI)

Calendar

Collaboration

IP PBX

Knowledge Management

Enterprise

Accounting

Budgeting and Forecasting

Financial Planning and Analysis (FP&A)

Financial Research

Financial Risk Management

Trust Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Job Board

Payroll

Talent Intelligence

Talent Management

Time Tracking

Workforce Analytics

Workforce Management

Human Resources

.Net Development

Cloud Storage

Container Security

Deception Technology

Embedded Database

Event Monitoring

Fraud Detection

IT Professional Services

IT Service Providers

Integration Platform as a Service (iPaaS)

Load Testing

Machine Identity Management

Network Diagnostics

Network Performance Monitoring

Office Migration and Repair

Rack Servers

Runtime Application Self-Protection

Service Desk Outsourcing

Telecom Expense Management (TEM)

User Activity Monitoring

Value Stream Management

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Community

Content Management

Digital Experience Intelligence

Email Marketing

Influencer Marketing

Market Research

Marketing Automation

Mobile Analytics

Social Media Management

Survey & Forms Building

Usability Testing

Web Analytics

Wholesale Marketplace

Marketing

Project Management

Professional Services

AI Sales Agent

Customer Relationship Management (CRM)

Sales

Application Security

Cloud Security Posture Management

Identity Threat Detection & Response Software

Security

Estate Planning

Geographic Information

Tour Operator

Vertical-Specific

Find top rated software and services based on in-depth reviews from verified users. 400+ software categories including PaaS, NoSQL, BI, HR, and more.

Redfin

Rocket Companies

Realtor.com

Move (Realtor.com)

Compass MLS

Compass

LoopNet

CoStar Group

Zillow

Homesnap

Apartments.com

CoreLogic Matrix

CoreLogic

MRIS

MRIS, a Bright MLS

Users have made several recommendations based on their experiences with Auction.com. The three most common ones are as follows:

1. Thoroughly read and understand all of the fine print in the Auction.com terms. This advice emphasizes the importance of being aware of all the details and conditions associated with participating in auctions or purchasing properties on the platform. By paying attention to the fine print, users can ensure they have a clear understanding of the process before committing to any transactions.

2. Consider Auction.com as a valuable resource for clients interested in investment properties. Users appreciate that the platform provides access to a wide range of real estate options, allowing them to explore and potentially find lucrative investment opportunities. This recommendation highlights that Auction.com serves as a helpful tool for individuals seeking to expand their investment portfolios.

3. View Auction.com as a cool, fun, and interactive way to participate in and monitor the real estate marketplace. Users enjoy the engaging nature of auctions and find it exciting to follow the bidding process in real-time. This recommendation underscores the user-friendly interface and enjoyable experience that Auction.com offers, making it an attractive platform for individuals interested in real estate transactions.

In addition to these recommendations, many users also express their willingness to recommend Auction.com to their colleagues, further indicating their positive experiences with the platform as well as their confidence in its capabilities.

Overall, these recommendations highlight the importance of understanding the terms and conditions, emphasize Auction.com's potential for finding investment properties, and praise its enjoyable user experience.

Real estate investors have found Auction.com to be a valuable data source for finding distressed properties and potential flip opportunities. The platform's ability to provide critical information such as pricing and property condition helps investors make informed decisions on whether to pursue a property or not. With its single-source searching feature, users are able to search by geography and other parameters effortlessly, saving them time and resources.

Another primary use case for Auction.com is the ability for users to find all types of investment properties instantly. The platform is a concentrated market for investment properties, allowing users to easily locate auction properties, bank-owned properties, off-market or unique properties, and foreclosed properties without having to engage real estate agents in unfamiliar areas. This feature can save users money on commission fees while offering wider access to a larger pool of potential buyers. Overall, Auction.com provides an efficient solution for real estate investors looking to grow their portfolios and maximize their returns on investment.

Ease of Use: Users have found that Auction.com is incredibly user-friendly and easy to navigate, making it a reliable and convenient source for finding properties quickly. The ease of finding properties and bidding was also appreciated by multiple reviewers. 

Unique Properties: Reviewers noted that Auction.com's unique listings not found on traditional commercial real estate websites helped them find properties at a discount. This market put properties in front of buyers that normal marketing wouldn't, which was helpful for finding unique properties.

Helpful Information: Multiple users appreciated the amount and quality of information provided about each property, allowing them to decide whether to pursue the property or not. Additionally, users found the blogs highly useful for clients interested in finding an auction property, giving clients access to bank-owned property information which was hard to come by.

Questionable Trust and Safety: Some reviewers do not trust Auction.com with their money due to concerns about the site's trust and safety. These users suggest conducting thorough research before transacting on the site.

High Reserve Prices: Several reviewers have noted that auction reserves are often higher than market values, resulting in prices that are not cost-efficient. Additionally, auctions mainly consist of lower-valued properties, and commissions can be nonexistent for buyer brokers.

AS-IS Sales Policy: Many reviewers dislike that sales on Auction.com are AS-IS to the winning bidder, meaning buyers have no recourse for seller misrepresentations. This policy leaves buyers with a short amount of time to obtain financing while sometimes offering below-market commissions to buyer agents.

Ten-X supports Auction.com, an online multiple listing service (MLS) emphasizing foreclosures and auctions for residential properties.

Auction.com

A Multiple Listing Service  (MLS) supports real estate agents and brokers with disseminating property listings online within an interface supporting intelligent search and sorting functionality, and allows properties to be compared based on site user specifications along property-related parameters. MLS sites support broker marketing by providing means of gathering potential customer data and generating leads, as well as supporting display advertisements for their brokerages and agents, and feature CRM integration for logging activities, customer interactions or storing customer contact information, search history, or other relevant activity.

Multiple Listing Service (MLS)

Likelihood to Recommend

Support Rating

Ten-X

QuickBooks Online

DonorPerfect

Adobe Acrobat

Executive Director

Auction.com 2020-02-11 09:47:27

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Made easier

Auction items

Easy to change

Home

Multiple Listing Service (MLS) Software

Auction.com is being used for our Annual Holiday Luncheon. With it, we log in all of the silent auction items (over 300) listing them with the donor, value, category, etc. We also use it to track our attendees and to do the table seating. It runs our bid sheets, labels to tag the items, etc. At the event, we collect guests info by swiping credit cards. After the bidding is done, the program runs the invoices (one for the guest and one for distribution). The invoices show which guests are Quick Checkout - meaning we have their credit card info so they can pick up their auction items and go. At and after the event, the program runs all of the necessary reports you need for the items, the guests, the committee, and the Board of Directors.

Entering auction items and guests is very easy.
The assigning of table seating function makes doing table seating easy and easy to change.

The reports could be made easier to run.
The training on the system could be better.

The system has enabled us to see which items bring in the most money so that we can focus on getting those items.
It also shows us which items don't sell, so we can quit wasting our time trying to secure them.

QuickBooks Online, DonorPerfect, Adobe Acrobat DC

Auction.com

Overview

What is Auction.com?