A property bidding is a voluntary sale of an asset for the purpose of selling it and the benefit of its owner.
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A property bidding is a voluntary sale of an asset for the purpose of selling it and the benefit of its owner. It is a public bidding process open to all.
Our Realtor Globally platform, pioneering in the real estate sector in Greece & Cyprus, has expanded its activities and now real estate agents and legal representatives of property owners can sell their properties in a competitive bidding process, for the benefit, first and foremost, of the owners. At this point, it is worth noting that this is exclusively a bidding process of properties that are not subject to encumbrances and are not subject to non-performing loans.
Realtor Globally platform is able to conduct property biddings clearly with the bidding process for real estate in Greece & Cyprus, and has no authority over forced auctions, which are conducted under a different legal framework and procedure. We offer on our bidding platform, properties direct from owners in collaboration with estate agents of debt-free properties and properties that do not fall into non-performing loan categories. Some of the main benefit from the bidding's are:
1. Faster completion of property transfers as opposed to the traditional form of buying and selling.
2. The seller can achieve a higher sales price than that originally set.
3. Properties listed on the platform are exclusively properties through the platform.
In addition, all properties in Greece that are listed on the Realtor Globally platform for bidding are primarily vetted on the platform side through the real estate agents:
1. They do not carry any encumbrances
2. They do not fall under the category of non-performing loans..
For more information regarding the process you can go to our website by clicking here (https://realtor.gr/property-bidding-steps) or contact our experienced network of partners. (https://realtor.gr/real-estate-partners-greece)
In order to register a bidding you should first have a bidders account in the platform. To create a bidding account you will need to have a valid cell phone number and a valid credit card. After creating a bidder account then go to the page of the property you are interested for bidding and place the amount you want to bid by clicking on the “Place a Bid” button.
It is a good idea to get a pre-approval from your bank before bidding on any of the properties listed on the real estate website. If something goes wrong, such as a loan falling through or a change of mind, you will still have to pay the website's commission fee. So be sure to talk to your banker for the bank's terms of approval before placing any bid.
There are several factors that buyers should consider before making an offer. Each homebuyer is different, requiring an individualized assessment of needs and wants. The property should be located near your place of employment, make sure that it's located close to your workplace so you don't waste time commuting.
All parties involved in the real estate industry have a vested interest in promoting safer investments. Real estate agents who keep up with the latest online technology are at an advantage over their competitors. Our partners include real estate agents, real estate consultants, real estate developers and other related companies.
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