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Kent T.

Round Rock, Tx

Contributor Level

Total Points
262

2 Reviews by Kent

  • Bid4assets

8/9/23

Let's start with the fees for Buyers on County Tax sales Real Estate Auctions.
Bid4assets charges the Buyer:
A). $35 to register, for each county you want to bid on.
B). 10% buyers premium
C). Plus $35 handling fee for each auction you win.

Bid.4assets.com does not provide who the winning bidders are. They only show something in this type format k****3, j****q, etc.

There is virtually no customer support. If you are lucky to actually take to someone, it turns out that person is working from home with a scripted answer sheet.

Emails do get responded to on an average of 2-3 days. But those to seem from a script.

It is highly suspicious bid4assets blames it on the county for not making their winning bidder list public. However, I have called several counties, they stated they did not tell bid4assets to not publish the lists.
I obtained the winning bidder list directly from the counties that bid4assets said they wouldn't share.
Highly suspicious in regards to schill bidding.

Invoices are sent in a. Pdf format and am unable to attach an image

Tip for consumers:
Be sure you read the terms of service and are aware of all of the fees.
Do not expect a return call or correspondence for at least a day

  • PublicSurplus

5/26/22

This is a review for their Real Estate platform auctions.
They remove the listing immediately after the auction closes. I try to keep track of what properties go for, but Public Surplus will not supply you with a result sheet. Schill bidding perhaps? (remember they charge 8% of the final amount).
Also, their "chat" is a joke. You get some Moron that cannot comprehend any question that is asked. The support is fed a cut a paste reply.
Which site is worse Public Surplus or Bid4assets?

This is as close as I can come to a proof of purchase since it is only sent via. Pdf
1. CONGRATULATIONS!
You have won Auction #*******

YOUR BID:
Bid: $1,525.00
Buyer Premium: $122.00 (8.00%$1.00 min.) -----------
AMOUNT DUE: $1,647.00 (PAYMENT, see below)

AUCTION INFO:
Auction Title: Real Property in Iron County #90 - Tier 1
Quantity: 1
# of bids: 4
Shipping: Contact agency for shipping
Payment:
Wire transfers must be used for payments over $100.00. Payments cannot be split. Auctions must be paid in full per payment transaction. You can see all the wire transfer information by clicking on the following link: https://www.publicsurplus.com/sms/help/mainhelp.html?frame1=general/wireTrans.html&frame2=general/wireTrans_auto.html
Currency: US Dollar
Seller Name: Iron County Auditor - Tax Sale
Auction Location:
Iron County Auditor - Tax Sale
All Deeds will be mailed
Parowan, UT *******
Auction Contact: Luke Little

2. CONGRATULATIONS!
You have won Auction #*******

YOUR BID:
Bid: $622.80
Buyer Premium: $49.82 (8.00%$1.00 min.) -----------
AMOUNT DUE: $672.62 (PAYMENT, see below)

AUCTION INFO:
Auction Title: Real Property in Iron County #95 - Tier 1
Quantity: 1
# of bids: 1
Shipping: Contact agency for shipping
Payment:
Wire transfers must be used for payments over $100.00. Payments cannot be split. Auctions must be paid in full per payment transaction. You can see all the wire transfer information by clicking on the following link: https://www.publicsurplus.com/sms/help/mainhelp.html?frame1=general/wireTrans.html&frame2=general/wireTrans_auto.html
Currency: US Dollar
Seller Name: Iron County Auditor - Tax Sale
Auction Location:
Iron County Auditor - Tax Sale
All Deeds will be mailed
Parowan, UT *******
Auction Contact: Luke Little

Tip for consumers:
Total Chaos & ineptness from Customer service

Products used:
Real Estate property transactions

Kent Has Earned 2 Votes

Kent T.'s review of bid4assets.com earned 2 Very Helpful votes

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