Auction.com is transforming the distressed property market through cutting-edge technology, empowering sellers and buyers while enhancing market efficiency. The company leads the digital real estate auction space, delivering superior outcomes for homeowners, communities, and mortgage servicers.
Since its February 2024 launch, Attorney Interact™ has modernized foreclosure data management, onboarding over 1,066 accounts and achieving a 223% surge in status update activity. Remote Bid™ has facilitated over 2,500 property sales and 17,000+ bids since 2020, generating $519 million in winning bids—a 101% year-over-year increase—while enabling $1.7 billion in funding across the platform.
The recently launched SmartSale™ merges traditional home sales with Auction.com’s auction platform through multiple selling pathways, including the groundbreaking Offer Path. Sellers receive support from both the Concierge Team and local real estate agents while maintaining control over timelines and pricing.
With over 533,000 properties sold and $66 billion in transactions, Auction.com continues establishing new real estate benchmarks through technological advancement.
What Sets Auction.com Apart:
- SmartSale™: Delivers a hybrid selling approach combining full retail market exposure with auction efficiency, protecting homeowner equity through transparent competitive bidding mechanisms not available elsewhere in the industry.
- Remote Bid™: Democratizes auction participation by removing geographical barriers, creating a more competitive marketplace that increases seller returns while expanding homeownership opportunities.
- Attorney Interact™: Streamlines foreclosure processes through automated workflows and real-time tracking while ensuring compliance with enterprise-grade security protocols
