At RealtyBid, we know you need an auction platform that can do more than simply help you find real estate—you need a platform that can help you find real success. That's why we developed a number of new seller and bidder features and partnered with Weiss Analytics to provide the next generation of home price indexing, forecasting, analytics and house-specific repeat sale indices for 80 million properties. Check out the features below to see how RealtyBid can deliver on your auction goals.
Contact Yancy.Riggs@Covius.com for more information.
Any auction platform can give you a house’s history and sales details. Good thing RealtyBid isn’t just any auction platform. Our property data can help you use forecasts and a suite of analytic tools to assess house-specific risk and opportunity. Plus, insight into historical value and customizable comps enables potential buyers to deduce possible as-repaired sales price and ROI. We know where our houses have been, but more importantly, we can help you know where they’re going. And that’s real market knowledge.
Our dynamic heat maps (above left) illustrate historic and predicted value trends, delivered in animation through time, while our Weiss neighborhood maps give a more detailed view of appreciation and depreciation of specific properties throughout a neighborhood.
The interactive ValPro functionality from RealtyBid and Weiss Analytics offers bidders a unique opportunity to understand the value of their potential purchase property against comp properties. The capabilities offered by ValPro on RealtyBid are next level – select and save multiple comps, see features that improve or lower value, map the distance to a potential purchase property, pull maps at street/neighborhood/satellite level and build custom comps if traditional comparisons don’t quite deliver what you need.
RealtyBid’s Fix & Flip data from Weiss Analytics provides an investment outlook through post fix-and-flip valuation history, helping users determine investment risk and calculate potential returns before purchase. Analyze home, neighborhood and zip code values and appreciation rates for the last 20 years, while simultaneously utilizing comp data to calculate as-repaired sale value based on house specs. Plus, local Fix & Flip comps deliver sale details that provide insight into 1st sale, 2nd sale and even hold time to help keep bidders and flippers informed.
Fix and Flip Comps will set the site apart from competitors. I’ve never seen anything like this on any other site. This data is the best of RealtyBid’s new enhancements.
Managing Member • Sigma Development LLC
Along with these Weiss enhancements, RealtyBid has developed a number of additional on-site upgrades that will help both sellers and bidders leverage the advantages of auction to their fullest potential. Not only do these RealtyBid features streamline the user experience, but they deliver the tools you need to stay on top of inventory - regardless of what side of the auction block you're on!
Advanced Document Library
VIP Investor Program
Multiple Investor Purchase Profiles
New Bidder Deposit Process
Bidding can be fun, but it’s also serious business. So why not partner with those who take it seriously. After all, our goal is to deliver what investors really need—access to multiple buyer profiles and the ability to act quickly when an opportunity presents itself. Plus, who isn’t looking for bidding perks?
When it comes to our real estate auctions, we want to provide the tools that help your purchases go more smoothly and more quickly. With advanced document libraries, auto-populating purchase questionnaires and a simplified deposit process, you’ll be able to own the auction. And having VIP Investor rewards help make the wins even sweeter.
RealtyBid’s Advanced Document Library enables investors to upload, store and present documents quickly when bidding/buying, reducing purchase close time.
Investor purchase profiles maintain bidder info and auto-populate purchase questionnaires to decrease manual input and provide ability to set up multiple buyer profiles.
Enables sellers to see portfolio status at a glance (scheduled sales, closings, contract status), and filter based on multiple criteria such as program, occupancy, state and date range.
Property statuses change often. Pageviews can increase hourly. Closings impact ROI. Seller reporting should be as dynamic as your sales strategy. That’s why RealtyBid’s Dynamic Dashboard provides interactive reporting for monitoring and analyzing active, pending and sold listings—providing more on-demand control over your inventory. Because dynamic data just makes sense.
Enables sellers to see portfolio status at a glance (scheduled sales, closings, contract status), and filter based on multiple criteria such as program, occupancy, state, date range.