1001 Westlake Mall
* Real Estate Auctions
- Sealed bid
* Structured sales (non auction)
* Real Estate Types:
- Commercial real estate events
- Luxury residential
- Multi-family property (income and builder inventory)
- Bank-owned REO auctions
- For Sale By Owner residential
- Broker Listed residential
* Asset Acquisition (plant and/or machinery/equipment)
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.
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 uses a low starting bid to generate maximum attention much like IPO pricing strategies. Zetabid also offers a much broader reach with its advertising.
EXPERIENCE: Zetabid was founded by the Tribune Company, CataList Homes, and Go-Dove, (one of the worlds largest auction firms) in 2008. Zetabid sold over 3,000 homes in 20 ballroom auction events from coast to coast over the next two years.
In 2015 It formed an alliance with Heritage Global, Inc. to focus on commercial and luxury residential real estate market. Zetabid and Heritage principals have sold a billion in CRE assets.
We are in the bidding business, not the auction business. Let us generate a bidding war for your real estate.