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Buyer Quick-Start

See how bidding works in less than 2 minutes, so you can be ready to win deals on Sellio™!  

For more information on the full bidding and winning process, watch the additional videos below and see the basic rules and assumptions so you can be a pro at winning deals at the online auction!


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Buyer Quick-Start Video Series

Click to Play Video:  Watch the Full Series to See Each Step in Action.

Step 1a:  Register Your Account
3 Mins

Step 1b:  Verify/Upload ID and POF
1 Min

Step 2:  Bidding
2 Mins

Step 3:  After the Auction
1 min

Basic Rules and Assumptions

Here's what is assumed and the 'need-to-knows' while bidding at the online Auction.

  • ​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 for each auction you are placing bids in. This is hold is released when the auction is over, win or lose.  If you fail to perform it will become a non-refundable charge. 
  • ID & P​roof 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 (if applicable) is $250 paid by the buyer at closing, only after a successful Sellio™ Auction event. The amount varies, will be displayed in the “Fees” section and included in the total amount when you place a bid.  This covers the cost of providing the platform to all participants. 
  • ​​​​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.
Our Mission
The Sellio.co™ Mission is to help make speedy, as-is real estate connections to enhance lives and build our neighborhoods and our communities.

Need Support?  Email support@sellio.co
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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