Auction.com Reviews – Is Auction.com a Scam?
The Auction.com review shows that this is a real estate
auction website that offers properties from just about every realm of the Real Estate world. Auction.com is not a
unique site by any means but it may be one of the oldest sites by far. This site has been around for a while but it
still has not perfected the online auction. While there are deals to be had on this site, you should read our free
Auction Tutorial before placing any bids.
At Auction.com the registration is free for buyers,
agents I think have to pay a fee this was one of the problems I found with the site the information regarding
registration is at best vague.
It is hard to figure things out on the site because
frankly for me there is just too much information floating around. It can be a bit distracting on the site to find
what you need.
I can definitely offer this advice; read every terms
of service and fully understand the policies on the site before you bid on anything. There are some folks out there
that have had not so great experiences with property closures that have left some negative comments
I have read on the web that some people have
complained that there homes were listed for sale when they were not, of course this is on the web so it is not
really verified but it is the only real gauge there is to judge a website.
There were quite a few complaints about the site that
were quite lengthy posted on complaintboard.com. A few of the complaints involved being charged exorbitant fees for
not being able to close within a specific time frame however according to the poster (buyer) it was the fault of
the seller that the property could not close.
Auction.com Reviews - Bottom Line
Buying property at a reduced price is always very
attractive whether you are an investor or someone looking for a home but in the end in most cases if something
looks to good to be true than it is.
It is easy to be dazzled by amazing deals on real
estate at auction.com but you have to really look at the overall picture and be sure that you understand the terms
most people left complaints because it seemed to me that they did not read the terms of service.
Proceed with caution before you place that bid it
will help you to avoid a lot of stress and aggravation down the road.
Overall, the Auction.com reviews show this to be a
legit site and is not a scam, however using a service like Auctionresource.org seems to be a more popular
choice for finding bank owned properties.
Contribution By J Thompson