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To sell your property through Hubzu's Signature Seller™ program, just follow the four easy steps below:

1. 1. Fill out the registration form to begin the process. A Hubzu representative or your Hubzu Preferred agent will reach out to you to explain the program in further detail.
2. 2. We'll verify your information and provide you with the program terms to sign and return. You'll be notified when your account is approved so you and your Hubzu Preferred Agent can begin submitting properties for auction.
3. 3. When you or your Hubzu Preferred Agent submit a property, the property information and marketing details will be reviewed for quality control. Once this step is completed, your property will be scheduled for its first auction marketing cycle on Hubzu.com.
4. 4. At the end of the auction cycle, you have full control over bid selection. If you select a bid, we'll provide your Hubzu Preferred 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.

Using Signature Seller™ is free for the seller. However, a listing agent is required to participate. If you use a Hubzu Preferred Agent, you'll pay a max broker commission of 3%. If you prefer to use your own real estate agent you can negotiate their commission directly with them. You'll also be responsible for any buyer's agent commission if one is part of the transaction.

Hubzu Preferred Agents are licensed independent real estate agents who use the Hubzu auction marketing platform to market homes to a nationwide audience. They will represent you as your listing agent and will help you with listing your home on the MLS and marketing your property on the Hubzu auction marketing platform. They can coordinate the taking of photos, help you with your marketing description, coordinate showings, help fielding questions and offers, and be a resource for you every step of the way. Your Hubzu Preferred Agent will be a resource for you as you navigate your home selling experience.

The broker commission will be deducted from the proceeds of the sale at time of closing. You don't have to pay this fee out of pocket. The final dollar amount is based on the sale price of the home.

1% or 2% broker commissions typically do not account for the buyer's agent commission. When there is a buyer's agent, their commission could bring your overall responsibility to 4%, 5% or even 6% in broker commissions. With a Hubzu Preferred Agent the broker commission is capped at 3% regardless if there is a buyer's agent or not. Please note that broker commissions are not set by law and are negotiable.

No. Having a buyer's agent as part of the transaction will not cost you more in commission. If a buyer's agent is part of the transaction their commission will be taken out of the 3%.

Yes, you may use your own real estate agent with Hubzu's Signature Seller™ program. However, if you use a Hubzu Preferred Agent, you'll pay a max broker commission of 3%. When using your own real estate agent you will have to negotiate their commission directly with them. You'll also be responsible for any buyer's agent commission if one is part of the transaction.

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 with your listing agent. If you have your own real estate agent, they'll have to 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.