homesale.plus is a digital platform designed to streamline the home selling process through auction-style or flexbid-style listings. It allows sellers to list homes with a reserve price (auction) and facilitates competitive bidding among buyers (flexbid).
Homeowners set a minimum acceptable sale price (reserve price). Buyers then bid on the home during the auction period. The highest bid at or above the reserve price wins the property.
Auctions typically run for 3 days, creating urgency and competition among buyers.
For auctions, the highest bid will always win. However, in the Flexbid model, the seller still has the final say in accepting or declining an offer and can accept at any time.
No. There is no cost to the seller or the listing agent for using homesale.plus. The 1% fee is automatically added when a buyer puts in their offer.
Yes. You can host open houses and schedule private showings just like any traditional listing. This model typically ends up with more showings than regular traditional listings.
Single family, condos. townhomes all work well on the platform.
Yes. The auction-style often work well for homes that need work or are priced to attract investors or cash buyers since they need cash or hard money reserve in order to bid.