Bid4Assets

Last updated
Bid4Assets
Company type Public
Founded1999;26 years ago (1999)
Headquarters,
Key people
Norman Understein (Co-founder)

Rick Zitelman (Co-founder)
Jay French (Co-founder)

Jesse Loomis (President)
Website bid4assets.com

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.

Contents

Notable auctions

Notable auctions conducted by Bid4Assets include:

References

  1. DS News http://www.dsnews.com/articles/bid4assets-sees-increased-buying-activity-2009-05-28 Archived 2011-10-05 at the Wayback Machine
  2. "Bid4Assets.com Review". My Auction Facts. Retrieved 2018-01-14.
  3. Bloomberg Business Week
  4. Washington Business Journal http://www.bizjournals.com/washington/stories/2006/11/13/daily16.html?jst=b_ln_hl
  5. San Francisco Chronicle http://www.sfgate.com/business/prweb/article/Riverside-County-California-Treasurer-Announces-4179124.php
  6. "Bid4Assets to Host First-Ever Online Tax Sale for Iron County, Utah Auditor's Office". PRWeb. Retrieved 2020-10-10.
  7. "Bankrupt firms auction off assets on line Page 1". WashingtonTimes.com. 2000-07-17. Retrieved 2011-03-18.
  8. "Original Watergate Lock for Sale on Auction Site Bid4Assets Page 1". PRNewsWire.com. 2005-07-06. Retrieved 2011-03-23.
  9. "Bid4Assets Spins Record Label in Online Auction Page 1". AuctionBytes.com. 2004-01-14. Retrieved 2011-03-23.
  10. "Bid4Assets Conducts Michigan's First Ever Online Auction of Tax-Foreclosed Property". Ecommercebytes.com. Retrieved 2018-01-14.
  11. WDIV, Detroit http://www.clickondetroit.com/money/25040132/detail.html Archived 2010-09-20 at the Wayback Machine
  12. Pitch Engine http://www.pitchengine.com/bid4assets/office-of-wayne-county-treasurer-collects-a--record-32m-from-online-tax-foreclosure-sale Archived 2012-04-05 at the Wayback Machine
  13. "Guess who bought the Golden Eye diamond?". CantonRep.com. 2011-09-08. Archived from the original on 2011-09-28. Retrieved 2011-09-27.
  14. "The Saga of a Private Cul-de-Sac in the Bay Area". The Atlantic. 2017-12-09. Retrieved 2018-01-14.
  15. "Bid4Assets: Iron County, UT Tax Deliquent Properties Auction". www.bid4assets.com. Retrieved 2020-10-10.
  16. Twitter, Carl Hessler Jr chessler@21st-centurymedia com @MontcoCourtNews on. "Coronavirus forces Montgomery County sheriff sale to go virtual; sale set for Oct. 28". Main Line Media News. Retrieved 2020-10-10.{{cite web}}: |last= has generic name (help)CS1 maint: numeric names: authors list (link)