With Hubzu's Signature Seller™ program, homeowners can market their properties in an online auction format on Hubzu. You'll also be able to tap into Hubzu's more than 1.9 million registered users and benefit from local, regional and national marketing to help discover the market value of your home. Seven day auction cycles bring competition for your property. Bidders will submit their highest bids during the auction, and you can decide whether to sell or re-market your property when the auction ends. The process is fast, easy and fully transparent.
As for support, you'll be able to work with your listing broker to list your properties and close your transactions. And, you'll have a dedicated Hubzu account representative throughout the process. What are you waiting for? Register for free and try auction marketing on Hubzu today.
We'll market your property in 7-day auction cycles. You have full control of how many cycles you run. Keep in mind that Hubzu bidders are typically investors with cash on hand which can potentially lead to quicker sale.
You'll have access to a proven competitive bidding platform with over 1.9 million registered investors looking for homes just like yours. Your home will also be syndicated to other websites including Zillow, Trulia, Realtor.com and many more.
You're completely in control of the process and can accept or decline any offer you receive. At the end of each auction cycle, you decide how you want to proceed.
You'll have a Hubzu representative available every step of the way to help you with the process.
Or, call us at (877) 267-3854 to learn more.
Follow these four easy steps and your properties will be up on Hubzu in no time.
Begin the registration process by submitting the form on this page. An account manager will reach out to you and explain the program in further detail.
The account manager will verify your information and provide you with the program terms to sign and return. You'll be notified via email when your account is approved so you can begin submitting properties for auction. Please note you must to have a listing agent in order to market properties on Hubzu.
The account manager will review the property information and marketing details for quality control. Once this step is completed, your property will be scheduled for its first auction marketing cycle on the Hubzu platform.
If you select a bid, we'll provide your agent with the information needed to begin the bid acceptance and contracting process. If you do not select any of the bids, we will continue to market the property for another auction cycle. We recommend that you allow at least 4 auction cycles in order to ensure sufficient time for all buyers in the market to engage and compete in the auctions.
In a seller's market, a home auction attracts serious buyers, creates competition and a bidding war for your property. And, if buyers are having trouble purchasing a home through traditional methods, they may turn to an auction which can level the playing field. Auctions also help when the real estate market slows. Short auction cycles can help you sell your home quickly at real-time market value. No matter the type of market, you'll likely benefit from buyers looking to compete for your property.
Or, call us at (877) 267-3854 to learn more.
Many have felt the negative financial impact of the pandemic and millions of homeowners have turned to mortgage forbearance for financial relief. Although this may be a great short-term solution, forbearance protections will eventually end. If you are unable to make your payments after your forbearance period, Signature Seller™ may be a perfect option to help market your property to over 1.9 million potential buyers across the U.S. Need to sell quickly and create competition for your property? Find out how Signature Seller™ can help! Register today or call us at (877) 267-3854.
To sell your property through Hubzu's Signature Seller™ program, just follow the four easy steps below:
Using Signature Seller™ is free for the seller. However, you'll need to work out your real estate agent's commission structure with them directly.
Having a knowledgeable licensed real estate agent can make your home selling process easier to navigate. It also allows you to list your home in your local MLS which can give you greater exposure. A MLS listing will also give us the ability to syndicate your property to multiple online partners. Come contract time, you benefit from someone familiar with the contract and sale process and all the documentation needed to complete the sale.
Yes, you may use your own real estate agent with Hubzu's Signature Seller program.
We require property-specific information such as full address, property type, list price, occupancy status, property characteristics (size, room count, bedrooms, bathrooms, year built, stories, garage, etc.), marketing description and other relevant information to successfully market the property for auction.
Each seller will sign an initial services agreement which will apply to all properties the seller markets on Hubzu. Sellers will also be required to sign an auction services agreement for individual properties in certain states and a listing agreement if using a RHSS agent. Your listing broker will sign a separate agreement to use the platform.
You can keep track of the auction cycle by viewing your property on Hubzu.com. Your Property's Detail Page will show the current highest bid and includes a "View All Bids" link so you can track how the property is performing.
Your agent will also be able to track all bids through the Signature Seller™ dashboard. Once the auction is done, an account representative will send you and your agent the highest bid for your consideration.
As the seller, you have the right to accept or reject any bid based on any or all components of that bid such as bid amount, financing type or closing date. You have full control.
Hubzu will provide you (the seller) and your agent with the bid and buyer information necessary for your agent to prepare the purchase and sale agreement. You will work with your agent and the other relevant parties (e.g., buyer, buyer's agent, designated escrow agent, lenders, etc.) to sign the appropriate documents and take the necessary steps to get to the closing table.
You and your agent will be expected to notify us of the closing schedule, keep us informed of any changes to the closing date and provide us with contact information for the escrow agent. Hubzu will provide written closing instructions (i.e., our fee and wiring information) to the parties' selected escrow agent.
Hubzu is a technology platform which sellers and real estate brokers can use to market properties and manage bids for those properties via a web-based portal. By providing one of the largest online home auction marketing platforms, Hubzu allows sellers to market their properties directly to serious buyers and investors. Our smart tech and streamlined process make transactions faster and easier for both buyers and sellers.