Real estate auctions are fast, fair, and allow buyers to name their own price. For this reason they have become increasingly popular among first-time buyers and seasoned investors who are looking for a great deal on a home, condominium or commercial property. Auctions have also become a preferred method for lenders to sell their bank-owned homes and other real estate. A leading real estate auction firm, LPS Auction Solutions is led by a management team with more than 30 years of professional auction experience and has sold over $1 billion in assets for bank, corporate and government clients. This easy-to-follow video will show you how to bid during one of our ballroom or online auctions. You will also learn about the entire auction process -- including creating a free registration, searching for property, placing a bid, and closing a contract – as well as receiving answers to frequently asked questions.
