Its our one of a kind online real estate auction. Each seller establishs an opening date for the 72 hours to accept bids online. homebidxpress.com offer these every week. All 72 hour online sales events always start at 12:01 am Saturdays and end on the following Monday at 12 midnight.
During this 72 hours all regsitered and qualified buyers/bidders submit their bids online for those 3 days. If a buyer's bid is outbid they receive an "Outbid" email and may submit a new bid up until the close of the 72 hour sales event. At the end of the 3 days the seller can either accept or reject the highest Net Bid. If no bids are acceptable the seller can re-list for a new auction for up to 6 months for $99.00. |
