2600 Manitou Road
* Real Estate Auctions
- Sealed bid
* Acquisition Services
- Off-market sourcing of assets for select clients
* Structured sales (non auction)
- Traditional listing powered by our marketing program
* Asset Acquisition (plant and/or machinery/equipment) -2M SF purchased since 2015
SPEED: Property sellers can expedite an otherwise slow stressful marketing process. Auctions force interested buyers off the fence by setting the date the asset will be sold and requiring buyer action. Auctions are especially effective with properties that have been on the market a long time and need new life.
CERTAINTY: Auction's dictate the date the property will be sold compared to the buyer dictating with conventional brokerage listings. Auction sales come with less contract contingencies providing an additional layer of transaction certainty lower re-trade risk
MARKETING IMPACT: Auctions create a sense of opportunity and buyers respond to auction marketing at a higher rate than traditional listings. Our branding does not utilize distressed positioning. Zetabid also offers a much broader marketing reach with its advertising and national in-house call center with emphasis in personal outreach, not just passive email blasts.
EXPERIENCE: Zetabid was founded by the Tribune Company and Go-Dove, (one of the worlds largest auction firms) in 2008; conducting over 20 large ballroom auctions of foreclosed homes. Founding investors included Hal Ellis (Grubb & Ellis), Charles Schwab Company and Marcus and Millichap Venture Partners
In 2015 It formed an alliance with Heritage Global, Inc. to focus on commercial and luxury residential real estate market. Heritage CEO Ross Dove partnered with Grubb &Ellis to conduct the largest real esteate auction ever held for the FDIC in 1992. Zetabid principals have completed some of the biggest auctions in the USA over the last 30 years.
Let us generate a bidding war for your real estate.