FAQ’s

No. You can counter or reject. You should discuss strategy with your homebids certified agent.

Yes. Selling a home is a complex transaction. Having a homebids certifed agent will help you get to the finish line.

That’s up to you if you decide to accept what buyers feel the home is worth.

Buyers pay a premium which is common for bidding platforms. With homebids the most popular option is for the buyer to pay half of the commission and the seller the other half.

Yes you can select a homebids certified agent who is specially trained to provide you full service.

Usually only one or two.

No. Your homebids certified agent will use standard real estate approved forms they normally use.

Auctions typically refer to distressed properties. homebids is a platform for all types of properties including luxury.

If you want to have less disruption in your schedule, accelerate the pace of selling your home typically in 8 days through our maximum exposure technqiues and have multiple offers, then sell on the homebids platform.

Contact us at mona.phillips@comcast.net or use our contact form.

Yes you can, however we don’t recommend it. Your homebids certified agent can help explain why.

Yes we have transparency so you know what other buyers are bidding.

Not at all. Just register with a valid credit card to validate your identity and begin bidding right away. Also your homebids certified agent can bid on your behalf as well.

Yes. Buying a home is a complex transaction. Having a homebids certifed agent will help you get to the finish line.

Yes they can.

Yes.

It allows you to not be blinded in the bidding process giving you the opportunity to see what other buyers are bidding for the same property.

Buyer’s Premium is the commission paid by the buyer. The amount of the Buyer’s Premium will be added on top of the winning bid which shall establish the final sales price.

No. Just standard contracts your agent already uses.

You will be alerted through email.

Nothing, however you will be able to know what the home actually sold for.

It’s a way for us to validate that you are a legitimate bidder.

Typically it’s not disclosed. Most Sellers will let the bidding process take place and then make a decision to accept, reject or counter.

Contact us at mona.phillips@comcast.net or use our contact form.

Absolutely not. Having an agent as a representative for each party is extremely important. We are agent centric!

As part of a bidding strategy you start at a low starting bid price and allow market forces to determine what the highest bid will be. It creates interest and momentum.

Normal can be slow, boring and painful. Why not accelerate the pace providing less disruption. Sell more homes in a shorter amount of time.

It’s really a matter of being honest. It’s also a matter of being effective and efficient with your clients.

Contact us at mona.phillips@comcast.net or use our contact form.

Yes.

You will be paid just like you normally are in a typical real estate transaction.

No, you use standard real estate contracts.

You can review your marketing plan and relist it or go the traditional route if you choose.

Not necessarily. You still have to provide the Listing agent the terms of the offer.

Not necessarily.

Contact us at mona.phillips@comcast.net or use our contact form.

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