Placing a bid
Bidding on a property during an auction. It’s done on an individual property’s page by putting in your bid amount and clicking the Bid Now button.
Pre-auction offer
An offer made before the auction’s start date. The offer period ends, however, 48 hours before the event start—so if you’re really interested, get your offer in early. If the seller accepts your offer, the property will be removed from the auction once the purchase agreement is signed by all parties.
Many sellers allow this prior to an auction beginning, so look at the property page to see if it’s an option. You can also check out all properties currently accepting pre-auction offers, to get first dibs on great investments.
Pro tip:
Pre-auction offers can be a great way to reduce the competition on a property you’re interested in purchasing.
Own It Now
An option to purchase a property by offering to pay the seller's approved Own It Now price.
This option is presented at the seller’s discretion and will be listed on the individual property’s page if available. It can be offered before an auction begins as well as during a live auction. If a property is purchased via Own it Now, then the auction will immediately end.
Pro tip:
This is another great option to beat the competition and skip the auction process entirely.