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online auctions: We've hit a new record - 03/13/08 06:36 PM
Well, an internal one anyway.  We just broke 50 listings today for the first time.  Next thing you know, three digits.  We expect this right about the end of March 08.  Bidders are signing up right and left.  If you haven't done so already, take a minute to register and be able to watch auction properties with no strings.  We're on out way to 10,000 registered bidders.  More news to come.  Keep your eye on www.epaxonline.com.  We're an easier solution to high inventory than you may think.  Special incentives are on for REO's and pre-forclosure listings. … (2 comments)

online auctions: Ebay Alternative - 03/10/08 06:49 PM
You may be familiar with the tired scammers listing and bidding on Ebay listed real estate.  This fact is common knowledge.  One of the problems with such sites is the lack of professionalism and support from a licensed professional.  A lack of specialty has also attracted many unqualified bidders.  www.epaxonline.com  in partnership with RealtyTrac is experiencing rapid growth and a new look.  We have access to a large supply of prequalified bidders and have seen a great deal of bidding activity in the one week since our site update.  If you are looking for a listing alternative or simply are a … (0 comments)

online auctions: Consider online auctions to sell your property in less than 30 days - 11/07/07 04:44 PM
Some folks who want to sell their property don't want to pay commissions and want to move the property fast at market rate.  With the auction method one can list and sell a property in this time frame at market and have the buyer pick up the commission.  There are a few caveats, which include providing clear title, required inspections and an initial marketing fee to properly advertise the property.
What is the cost of holding on to a property you don't want?  This is an important factor to consider when weighing the option to list a property in the traditional method … (1 comments)

online auctions: Anyone out their familiar with listing on Realty Trac? - 10/18/07 11:33 AM
I'd like to get some anticdotal experience regarding realty trac from the listing side, or maybe even the buying side, as we are considering utilizing it in some capacity.  One of the benefits of belonging to a community like this is the collective knowledge represented between us.  So, if any of you would take a few moments out to share it would be much appreciated. … (3 comments)

online auctions: Web Based Sales and Auctions - 10/16/07 02:03 PM
In performing my regular rounds of various site one might loosely deem to be competitors I poked into eBay and noticed many properties either don't sell on eBay, bidders don't perform or the properties are sold off line.  Many of these services are being used as another marketing ploy and I beleive bidders or potential bidders are begining to realize this.  Am I off base in this assessment?  Please feel free to comment back with your thoughts and observations.  All relevant input is welcome. … (0 comments)

online auctions: Auction method providing alternative in troubled real estate market - 10/15/07 05:31 PM
Live and online auctions have been around for a while for both personal property and real estate.  It has always been seen as an alternative that, until now, has not really been a primary consideration.  With property sitting on the market the way it has been as of late one with a significant amount of equity can move all types of real estate through a live auction and have a 30 day close.  With proper marketing, which should be your auctioneer's specialty, having a lively and competitive bidding process has proven to be the norm.
Online auctions are a different story, as … (3 comments)

online auctions: We can serve you nationwide - 10/09/07 04:49 PM
Yes, you can list on ePAX wherever you are in the United States, even if no franchise exists in your area.  For those outside california you'd need to call us here at corporate in order to get a listing posted for an online auction.  We are also providing preferential pricing for listing REO's in order to demonstrate the effecacy of the ePAX marketing solution to REO managers.  As we all know, banks don't like to own the real estate they forclose on.  Consider being their new best friend. … (5 comments)

online auctions: Listing Options on ePAX - Broker's Little Helper - 10/09/07 01:54 PM
One way to list on ePAX which is cost effective and the least hassle is available to real estate brokers.  We have an auction agreement available for 12 month periods and there are no furthur fees during that time frame other than a $350 charge paid through escrow to Pacific Auction Exchange, Inc upon close. … (1 comments)

 
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