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

We Buy A Lot Of Properties On Online Auctions! #shorts

6 Sept 2024 · 1 min

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0:46

In this short video, the speaker explains that their company purchases residential properties through a variety of online auction platforms—including Hubzu, Auction.com, Xome, Hudson & Marshall, RealtyBid.com, AuctionNetwork.com, and HUDHomeStore.gov—and has completed acquisitions in 44 of the 50 U.S. states. The narrative highlights a post‑COVID shift in population migration, with many buyers moving from the Northeast to the Sunbelt and other high‑demand markets, prompting the company to focus its buying strategy on these regions 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.