Buyers already feel comfortable bidding online, due to their experiences using Ebay and other popular auction sites, and many different types of buyers—from the savvy real estate investor to the first-timer—are embracing the online auction method.
A Complete Solution – From Start to Finish
Hubzu.com has separated itself from the pack of online real estate offerings with a cutting-edge platform that brings the entire home-buying process online, from start to finish. The Direct to Broker Program offers licensed real estate professionals a streamlined, efficient experience. Agents and brokers who list on Hubzu maintain control and keep their commission. And the best part? Hubzu is free to sellers, agents and brokers.
Properties can be listed for traditional sale or auction, which has been shown to garner an increased number of bids and offers—a national average of 12 per property sold. Listings are easily uploaded to the site through an automated process and just as easily found by potential buyers. Once the sale is over, licensed agents are able to review and approve the final offer with the seller and coordinate the closing with the buyer’s agent entirely online.
Another advantage is that Hubzu works with real estate professionals to market properties not as a competitor, but as a partner. Marketing agreements with leading property search engines—the very search engines that 90 percent of homebuyers are currently using—help broaden exposure to home listings and increase the base of potential buyers.