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What is Platform Bid?

Auction software streamlines your team's operations, enhancing their productivity and enabling them to contribute more effectively to your organization. Our online auction platform facilitates the execution of timed auctions for your business, providing a comprehensive management system alongside a fully customized front end. The auction manager feature allows for bulk uploading of lots, setting of opening bids, increments, and reserve prices, while also presenting detailed information and images of each lot to potential bidders. Additionally, our reporting system offers valuable insights into auction participants, allowing you to register bidders and ensure that only reliable buyers engage in your events. Invoicing capabilities allow you to issue bills and mark them as paid when transactions are completed, fostering better financial management. You can also assess risk by analyzing bidding trends of buyers in relation to their typical behavior, which helps inform future strategies. Leveraging data from past auctions enables you to attract the most appropriate bidders for upcoming sales, enhancing the overall effectiveness of your auction efforts. This strategic approach not only saves time but also maximizes the potential for successful outcomes in your auction endeavors.

What is Auction.com?

Auction.com serves as the leading online platform specifically designed for the auctioning of residential properties, particularly those that are bank-owned or facing foreclosure, through both live and virtual auction formats. The site significantly improves user engagement by offering an advanced technological interface for seamless interactions, complemented by an extensive inventory of more than 30,000 listings and a strong focus on providing buyer support and expertise. In today’s market, modern investors are increasingly looking for greater control, detailed insights, comprehensive data, and interactive experiences, which pushes us to move beyond conventional auction methods. By combining our passion for real estate with the latest technological advancements and data-driven strategies, we have created an exceptional transaction platform that has successfully generated $52 billion in sales, engaged 6.3 million registered users, facilitated the sale of 451,000 properties, and currently features over 16,000 active listings. Employing a dedicated team of over 700 professionals to assist both buyers and sellers, we conduct more than 10,000 auctions each year across all fifty states, ensuring a vibrant and competitive marketplace. Our mission is to equip every investor with the essential tools and knowledge needed to thrive in this rapidly changing landscape, thus fostering a community of informed and empowered real estate participants.

Media

Media

Integrations Supported

Parsey

Integrations Supported

Parsey

API Availability

Has API

API Availability

Has API

Pricing Information

$300
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Orzo Blue Limited

Date Founded

2023

Company Location

United Kingdom

Company Website

www.platformbid.com

Company Facts

Organization Name

Auction.com

Company Location

United States

Company Website

www.auction.com

Categories and Features

Auction

Absentee Bidding
Alerts/Notifications
Bid Management
Billing & Invoicing
Buy Now Option
Dutch Auction
Inventory Management
Live Auction
Membership Management
Nonprofit / Fundraising
Online Auction
Online Bidding
Online Ticket Sales
Proxy Bidding
Reverse Bidding
Silent Auction
Watch List
Website Management
White Label

Categories and Features

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