Chris PrefontaineSerious about making money in the real estate investment business? Free Webinar - REGISTER BELOW!, Smart Real Estate Coach · Chairman, Founder, 4x Best-Selling Author of "Real Estate On Your Terms," Forbes Business Council Member, 3x Inc 5000 Honoree, Global Rank TOP 0.5% Podcast Host

Utilizing Online Auctions To Acquire Properties! #shorts

15 Mar 2025 · 1 min

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0:46

In this short, the speaker outlines the company’s strategy for sourcing residential properties through online auction platforms such as Hubzu, auction.com, Xome, Hudson & Marshall, RealtyBid, AuctionNetwork, and HUDHomeStore.gov. They emphasize a nationwide reach, having purchased in 44 of the 50 U.S. states, and note a strategic shift after the COVID‑19 pandemic: migration patterns have moved many buyers from the Northeast to Sunbelt and other hot markets, prompting the company to focus its acquisitions where inventory is abundant.

Chapters

We buy on online auctions and that would be on Hubzu or auction.com or Xome or Hudson and Marshall, RealtyBid.com, AuctionNetwork.com, and HUDHomeStore.gov. We also include that as well. So we buy all over the country. We've bought in 44 out of 50 states. Now, obviously, the way things shifted and everything since post-COVID, there has been a lot of migration, right? A lot of people moved from the Northeast down to the, to the, to the South when they can with their jobs. So we've migrated more where we're buying to the Sunbelt and also certain other markets that have just been hot where there's just a lot of inventory for us to buy.