Auction.com

I spent much time reviewing their properties, and considered to buy multiple homes with over xxx, xxx cash. After reading about the shill bidding, poor customer service, and many other issues I am extremely hesitant to even place a bid. Most likely I will not be using your service, unless I see someone step in and address these complaints. As of now, there is not even one person defending your company, and tons of legitimate complaints from people who have used your service, and even a complaint from someone who worked for you. This is frustrating to see, especially after registering and spending much time on your site.

This company is very unscrupulous and anyone wanting a good deal on a house should not be tempted. Ever hear the saying "too good to be true"? Well, that's what auction.com is. The prices they show are fake you will never get a house for what they post. Bids get erased or "outbid" by their fake computer program, not by real bidders. They are also posting listings on Zillow but if I see the listing is associated w/ auction.com I run the other way. Scam artists, 100%. If you do business w/ them you will regret it.

Listed an auction at the county center that I was interested in. Was supposed to be at 10.30. There were two other auctions for different houses at that time there but not for this one. I came back home and checked online. At 12.00 pm the website still said that the auction was on at 10.30 am. Only the next day did the site say it was cancelled. Also, many of their 'online auctions' never go through as the reserve is not met and keep on popping up, but you do not know that if you follow up on their site- unlike ebay, they never show the end result the listing just disappears, only to appear later again as a new auction. Not serious

We bought a foreclosure home through Auction.com recently. The entire process went smoothly. Our transaction closed in 36 days. I was impressed with how professional our contact was with Auction.com, and also with the title company they chose.

Only advise is to be careful about what property you bid on, and decide beforehand what you are willing to pay. Some of the foreclosure banks may be easier to deal with than others. Auction.com doesn't own the homes; they are selling them on behalf of a bank or lender. Ours foreclosure was owned by Bank of America. Everything went smoothly, but took a little longer than buying a cash purchase from a private party.

WHAT A SCAM! The site itself is legitimate as I found out from doing days of research, several calls directly to them and online chats; however, I also did tons of online research, calls to realtors, treasurers, and county clerks, etc. and driving to homes for auction, county clerks office, etc. My due diligence, and was ready for auction day! I then find out half of the information wasn't even correct on the listing; house was listed as a 2 bedroom, 750 sq. Ft. And built in 1952. When I spoke to the bank who got me in touch with the realtor, she said it's 1 bedroom, 608 sq. Ft. And built in 1942. Makes a HUGE difference in what I'm willing to bid, or pay! Finally, I am waiting until right before the auction ends, like 10 seconds before, and I place my bid, so, either I should be the winning bid, or, just beat out by someone who bid after me in that 10 seconds, right? Wrong! I could accept that if my bid was beaten and I didn't win, BUT, Auction.com decides to add 3 minutes onto the clock! At the last few seconds! In all the years I've been in auctions, this was a first! And the website itself will also bid against you to get the price up to the reserve. WHAT A SCAM! I'm done with these scammers taking advantage of me! See ya!

I bid on a property and someone from auction. Com called to say the lender needed a little higher offer to make the deal work. I agreed to the increased amount and we filled out a contract. I was told i needed to be ready to close quickly. I have been in touch with the attorney office several times since then. It has been two months and now auction.com calls and says that they cannot get the power of attorney letter from the bank so that we can close. It seems like they would have had that document in hand before they held an auction. Extremely poor communication and also a poorly run company. You have been warned.

I only give this site one star because there is no option to give it zero. They talk about transparency because they tell you up front that they can rip you off by bidding on behalf of the seller to increase the bid price up to the reserve. Just because they tell you doesn't make it right. Somebody with a gun may tell me they are going to rob me but they still should go to jail. These people should go to jail! Beware of their accuracy of listings. I was looking at a house that was extremely damaged by a foreclosed owner. Nothing was mentioned in the description besides that it would be great for any buyer. I notified them of the inaccuracy but nothing showed up and bidding went on. Some state's attorney will have a field day with them one of these days!