We enable home sellers & agents to start with a very high price, incrementally lowering the price until someone places a bid, making it different from typical auction markets.
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Known for year-long expertise and unparalleled success in developing IDX website for Realtors, BidHom is trusted by renowned brands worldwide for their capabilities to simplify & streamline the auction process for fair pricing & enhanced transparency.
Whether you need an easy-to-use interface, a transparent bidding process or secure bid submission, BidHom has everything covered to streamline the listing process of Dutch Online Auctions.
We ensure to meet the specific needs with customized services for different auction types giving sellers and agents the freedom and flexibility to set auction conditions, and terms, as desired.
Our platform is known for implementing robust security measures to protect user data, financial transactions, and the integrity of the whole auction process to ensure security & gain trust from both buyers and sellers.
The bidder management process is now simplified with BidHom as information about every bidder is made easily accessible in just a few clicks whether it's buyer name, email, contact, review status, approval status or anything else.
Keeping track of bidder records is made effortless with a transparent bidding process where it's easy to review all the records of the three rounds involved in Dutch auctions with information about the winners for each round along with the final winner.
BidHom enables agents & sellers to keep all the property watchers updated by sending emails all at once about the final decision of property sale closure during the auction process.
Build your dedicated online auction website with Bidhom
Customize your platform to match with your brand's style & identity
List properties for Dutch auctions and showcase them to your potential clients
Streamlining the way you place bids with Classic Online Auctions
Initiate three distinctive rounds for dynamic property bidding to start the auction
Set desired auction time and initial price reductions for the first round
Keep track of all the three rounds with timely review & choose the best
Experience the growth of your Real Estate business in three distinctive rounds
Dutch auctions offer a fair market value discovery by starting the auction with a higher price & gradually reducing it until a bid is accepted, ensuring a transparent determination of the price that buyers are willing to pay.
As Dutch auctions come with a decreasing price structure and multiple rounds, a competitive environment is created leading to higher bids as buyers strive to secure the property at the best possible price.
As Dutch auctions follow structured rounds and decreasing prices, serious buyers can be identified efficiently, which helps to quicken the sales process, making them a suitable choice for sellers or properties for a quick sale.
Thanks to the dynamic nature of Dutch auctions that attract & engage buyers who are interested in obtaining value for their investment. Additionally, the evolving prices and competitive aspects of the auction encourage a larger audience to participate.
With the open and transparent nature of Dutch auctions, there is more clarity in pricing allowing participants to observe the price reductions in real-time, fostering transparency throughout the auction process.
Whether you are dealing with residential, commercial, or unique properties, Dutch auctions are versatile and work for different property types as the format can adapt to different market conditions and asset characteristics.
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Know MoreThis type of auction is defined as the auction process where the seller or agents start with a high asking price, which gradually decreases until a home buyer accepts the price & makes a bid. It is completed in three distinctive rounds.
Choosing Dutch online auctions can offer a wide range of advantages such as higher efficiency as it creates a sense of urgency & helps encourage buyers to submit their best offer starting from the high price that gradually decreases. Additionally, these auctions are known for fair pricing by helping in determining the market value of property enabling buyers to enter the market at the price they are willing to pay.
With Dutch auctions, all buyers can see the price being offered & they can make quick and informed decisions to participate in the auction or not.
BidHom is an all-in-one real estate auction platform that enables sellers or agents to conduct auctions easily in just a few simple steps. After creating their auction website, they can list properties for Dutch auctions and showcase them to your potential clients. conduct three distinctive rounds for dynamic property bidding by setting desired auction time and initial price reductions for the first round. Go with the second using a sealed bid auction & compete between the two winners in the last/third round. Feel free to connect with our experts for further queries.
No, Dutch auctions don't allow buyers to submit an offer below the current auction price as it will be automatically rejected when the offer is below the current auction price. However, the best thing about Dutch auctions is that the starting auction price will keep on decreasing giving buyers more opportunities to bid on their desired price.
At BidHom, we do not charge any upfront cost associated with the listing of property on the auction. You can start with the free website and choose the desired pricing plan as per your needs.
To know more details on pricing, visit https://www.bidhom.com/pricing
Yes, BidHom enables sellers & agents to bid and sell a wide range of property types whether it's residential, commercial, or unique properties as Dutch auctions are quite versatile and support all property types.
BidHom offers real-time tracking functionality enabling everyone involved in the auction process to keep track of every activity & help them stay informed throughout the entire auction process.
If your offer meets the auction price at that point, it will be accepted automatically. Also, you will be informed personally via email or other means that your offer has been accepted.
Yes, when you use BidHom, our expert marketing team helps home sellers, agents & brokers to list properties & help promote them to the right audience using robust marketing strategies for better opportunities & close deals faster. Feel free to connect with the BidHom team for any type of marketing services you need.
