"Real estate auctions often experience unfounded negative images in the marketplace. The majority of auctions today don't result from foreclosure of distress situations, but rather are the result of a seller choosing a cost-effective, accelerate method to sell a property. Auction allows the seller to eliminate virtually all long-term carrying costs, passing the savings directly to the purchaser in the form of a reduced price. The result is a win-win situation: sellers obtain immediate cash and buyers purchase properties at fair market value, the price determined by open, competitive bidding."
Free Marketplace Listing on Sellio.co™ Easily create and manage a professional and complete online auction-style listing from start to finish, 100% Free.
Access to Sellio™ Certified Bidders Network The Sellio™ Marketplace is made up of pre-approved & cash buyers ready to purchase.
Turn-Key Setup and Management Automated auction-style listing and marketing tools include email/sms bidder notifications, automatic bidding, extended bidding times, and online documentation.
Dedicated Support Specialist Sellio™ offers 24/7 support as well as a dedicated Support Specialist to ensure your process is simple and convenient, start to finish.
Access to Escrow, Title and Closing Attorneys To ensure confidence in title, transfers and necessary 'paperwork', connect with Sellio's preferred 3rd Party Escrow Officers, for your convenience.
Great For Motivated Sellers
Sellio™ works great for motivated sellers who don't want to do repairs - and/or have any circumstance where they need to sell quickly at the highest price. Sellio™ is the (Off) Marketplace and technology that empowers them to list and accept bids from the best buyers, who purchase as-is.
Benefits to Sell on Sellio™
Accelerated Sale reduces long-term carrying costs for seller (mortgage, taxes, insurance, HOA, maintenance etc..)
Eliminate Negotiation, low-ball offers and repetitive showings. Your listing allows ONLY qualified buyers to place bids online.
No Risk You set the time frame and reserve price so you control the bottom dollar the property will sell for, and you and your seller choose the closing date when you get paid.
Sell As-Is Sellio™ Certified Bidders purchase homes in as-is condition so you can leave the leave the headache behind!
Real-Time Competitive Bidding can inspire a higher price than a negotiated sale
100% Virtual Process The entire process can be done from your mobile device or laptop for convenience.
Exposure and Networking with cash buyers to expand your database.
Auction-Style Listings Bring People in to look at all your listings, not just the auction listing
Successful Listings result in referrals and return business
Help your investor clients win deals at the (off) marketplace.
Win Deals at the Online Auction for Investor Clients.
Active investors are winning deals in the marketplace - you and your client can too. You and your buyer can enjoy automated bidding, SMS and email bid notifications to streamline your process and win more deals - without having to the leg work of doing deals. Get in the online auction game today.
Guidelines for Bidding
Basic rules and assumptions for bidding in a Sellio™ Auction
VIDEO: How to bid and win deals for your clients in less than 2 minutes.
Buyer Purchasing As-Is | Bidders are purchasing as-is and based on the terms on the property auction page. Buyer assumes all liability and responsibility for bidding and purchasing
To Place a Bid, Make a Bid Deposit | Sellio™ will authorize a $3000 Bid Deposit *HOLD for each auction you are placing bids in, released when the auction is over. If you bid, win and do not perform it will become non-refundable.
Proof of Funds Required | Upload documentation in your account after registration and it will be verified by Sellio™. All registered bidders must have cash available and be able to close the property, in as-is condition, in 30 days or less.
The Auction Fee covers the cost of providing the platform to all participants. This fee is paid by the buyer, only after a successful Sellio™ Auction event and closing. The amount varies, will be displayed in the “Fees” section and included in the total amount when you place a bid.
Buyer has 48 Business Hours to execute signed PSA and make the Earnest Money Deposit with selected Escrow or deal may be forfeited and go to next highest bidder.
Title and Closing Attorney Connect with one of recommended Escrow, Title and Closing Attorneys, or bring your own.
Buyer Agent Benefits
Motivated Sellers at your fingertips. Sellers qualified and committed to sell.
100% Virtual Direct 24/7 Access to motivated seller properties on your laptop or mobile device.
Buyer agent commissions displayed for each auction listing.
Bidding Notifications via SMS & email based on your preferences
Purchasing and Closing Terms known upfront
All Buyers compete fairly and on the same terms
We'll recommend escrow, title / attorney or provide your own.
Sellio™ is a marketplace and technology platform used by sellers and licensed real estate agents, to market real estate properties and manage bids for the sale of those properties. Properties are available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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