How does an auction work from start to finish? 

 

  1. Create a Xome Account
    We’re excited to get you signed up! We have a simple step-by-step process, whether you want to sign up online or in the app. Here’s how to get started:

    On Xome.com: Click Sign In/Sign Up in the top left to begin.
    In the Xome Auctions app: Click Create Account on the app’s homepage to begin signup.

    Download the Xome Auction app for Apple
    Download the Xome Auction app for Android

    Downloading the app is highly recommended so you’ll have access to all Xome has to offer at the touch of a button. From quickly accessing your event registrations and seeing saved searches, to receiving push notifications about properties you’re bidding on, you’ll always be on top of important information.

  2. Search Auction Properties
    On the Xome.com homepage, click Auction Properties, then enter your search criteria (e.g., address, city, state, neighborhood—whatever location you’re interested in) in the auction search field. If you’d like to search by auction type, you can select from the choices in the Browse Homes dropdown.

    Pro tip: Want to find your recent and saved searches? Just click in the search bar for quick and easy access. 


    Xome provides access to one of the largest and most exclusive online collections of auction properties across the nation, giving you a single location to search for and find your next investment.

  3. Register for an Auction
    In order to bid on a property, first you have to register for the auction that it’s in. You can register directly from a property’s page or view all our upcoming auctions in our Auction Calendar, located on the homepage beneath the main search bar.  

  4. Place a Bid
    As soon as an auction goes live, you can place bids. Navigate to the property page for whichever property you’re interested in, enter an amount, then click the Bid Now button.  

    Be sure to keep track of the properties you’re interested in by saving them to your favorites so you can receive notifications about them.

  5. You’re a Winner
    Congratulations! You will receive an email verifying your winning bid and detailing next steps, as well as a notification in your Xome.com auction dashboard. Your immediate next step is to fill out the checkout form, which must be completed within 24 hours of the auction’s close.

  6. Seal the Deal
    After the contracts are signed, the next step is closing. Our asset manager will be in touch with you and other necessary parties by email to discuss closing activities, such as moving the property into escrow and transferring the title.

  7. It’s Yours!
    Huzzah! You’ve completed the purchase transaction. Thank you for using Xome and we hope to see you again soon. 
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