![]() | |
Company type | Public |
---|---|
Founded | 1999 |
Headquarters | , |
Key people | Norman Understein (Co-founder) Rick Zitelman (Co-founder) |
Website | bid4assets |
Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [1] [2] The company auctions distressed real estate and personal property for private investors and federal and local government. [3] It has served the United States Marshals, [4] the U.S. Department of Treasury and over 100 counties [5] throughout the United States. To date, Bid4Assets has sold over 125,000 properties nationwide and grossed over $1 billion in sales. [6] In November 2021 Bid4Assets became a wholly owned subsidiary of Liquidity Services, operators of the world's largest B2B e-commerce marketplace. The company is based in Silver Spring, Maryland.
Notable auctions conducted by Bid4Assets include:
{{cite web}}
: |last=
has generic name (help)CS1 maint: numeric names: authors list (link)