How it works for Sellers How it works for Seller’s Agents How it works for Buyer’s
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How It Works for Buyers?

Welcome to Bid Your Agent! Our platform is designed to connect buyers with top-performing real estate agents who specialize in their desired property type and location. We offer buyers the opportunity to hire agents who provide a 0.5% rebate on the buyer's closing costs, making the buying process more affordable and efficient.

To use our platform, buyers need to provide information about the cities, counties, and states they are interested in, the type of property they prefer, the desired sales provisions, budget, timeframe for purchasing, and the number of bedrooms and bathrooms required. Buyers can also request specific services from their agent. If a buyer has a preferred agent, they can enter their contact information when creating the auction, and we will notify them so they can bid to be the buyer's hired agent.
Agents who bid on a buyer's auction include their contact information, website link, review link, social media links, "about me" section, marketing strategy, services provided, video buyer's presentation, promotional marketing materials, offered buyer’s rebate (if requested), and business card. Buyers can choose the best agent that meets their criteria and select an agent who will offer up to 0.5% rebate on their closing costs, credited to the buyer at closing.
Our platform offers a wide range of properties, including regular sales, pre-construction properties, properties that are currently being built, new construction, REO/bank-owned properties, assignment contracts (wholesale properties), short sales, probate properties, and more. Buyers can hire residential, income, and commercial agents who specialize in their desired property type.
Buyers can choose between an auction (with a timer) or a traditional listing (without a timer). With Auction listings, all offers and terms will be shown. Buyers can accept, deny, reject, or counter any offers they receive, but will need to wait until the auction timer has ended to accept an offer, unless an agent bids the Hire Now terms. The Hire Now terms can be defined as the requested buyer’s rebate, terms, and services requested by the buyer. With Traditional listings, buyers can choose to hide or show other offers. They can choose to accept, deny, reject, or counter any offers they receive at any time with a traditional listing. Buyers can include Hire Now terms with both auction and traditional listings.
Our platform is entirely free for buyers, and the seller pays the real estate commission to their listing agent, who then splits the commission with the buyer's agent. We will receive a referral fee from the hired agent upon closing.
Moreover, by hiring an agent on our platform, buyers can list their property criteria for free on our sister platform, BidYourOffer.com. To learn more about the benefits that BidYourOffer can offer for your property criteria listing, please visit BidYourOffer.com
Here are some ways in which our platform assists Buyers. Click on the arrow button next to each term to view more information.

Why Use Bid Your Offer?

Bid Your Offer is a means for all parties to create transparency in every Real Estate transaction. The number one quality Sellers and Buyers look for in a Real Estate Transaction is Trust. Sellers, Buyers, and Realtors can rely on Bid Your Offer platform to provide all the important offering terms of a transaction by putting every party on the same playing field.

Seller’s can have confidence by utilizing this platform it creates Trust and Transparency for all parties and ensures Seller’s will be presented with all offers fairly and timely. Buyers no longer have to be disappointed that their offer wasn’t selected because of the lack of transparency with the other competing offers. Sellers, Buyers, and Realtors can avoid going back and forth with negotiations of the contract terms and will only need to complete the contract once the Seller selects the winning bid.

Typically, numerous Buyers propose similar price/terms because they are unaware of the other offering prices/terms. Bid Your Offer is a means for all parties to be more transparent because Buyers can now be aware of what other Buyers are offering instead of guessing. In many cases had a buyer known they missed out on a property by only a few thousand dollars, they would have paid it.

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Yes, Buyer’s can use the agent they choose. If Buyer is not being represented by a Buyer’s agent and the Buyer would like to be represented we can refer a Buyer’s agent to represent them at no cost to the Buyer.
Buyer’s will be required to create an account under the tab “Register” to bid on a property. Buyers must accept the Terms and Conditions. Buyer’s must send proof of funds or pre-approval letter and a valid ID to the Seller or Seller’s agent before bidding on a property or their bid can be considered null and void.
Buyer’s must send proof of funds or pre-approval letter and a valid ID to the Seller or Seller’s agent before bidding on a property or their bid can be considered null and void. Don’t hesitate to get in touch with the Selling agent or the property Seller if you have any additional questions or require assistance.
No, the Seller’s Agent will provide the winning real estate bid with an “AS IS” contract, all the disclosures, and addendums. If Seller is not represented by an agent then the Buyer’s agent will provide Buyer the documents. If there are no Real Estate Agents involved, Seller can email admin@bidyouroffer.com to request an “AS IS’ contract, all the disclosures, and addendums. Once the Buyer receives the contract they will have 48 hours to sign and submit the contract to the Seller/Seller’s agent or their offer can be considered null and void.
The success fee is 1% of the purchase price paid to Bid Your Offer LLC at closing for the success of the auction. The success fee will be added to the final sales price if paid by the Buyer. The Seller determines who pays the success fee. The Buyer must check the listing notes on the property to determine if the Buyer is responsible for paying the success fee. The success fee is only charged when the sale is closed.
The Buyer’s Premium is a charge to the Buyer in addition to the final sales price. The premium is added to the winning offer to arrive at the final contract price paid by the Buyer for the property. This additional fee goes to the Seller at closing. The amount of the Buyer’s Premium varies from auction to auction. As a result, you’ll need to look at the Terms and Conditions of each auction to figure out how much you’ll be charged.
The Seller has the option to include a “Seller’s Premium” to their auction. The Seller’s Premium is a percentage amount off the purchase price that the Seller will pay the Buyer at closing. This premium will cut down the closing costs for a Buyer.
The Seller has the option to include a “Seller’s Premium” to their auction. The Seller’s Premium is a percentage amount off the purchase price that the Seller will pay the Buyer at closing. This premium will cut down the closing costs for a Buyer.