openPR Logo
Press release

BidaBingers Sell Faster With Real Estate Auctions

04-24-2008 03:05 PM CET | Industry, Real Estate & Construction

Press release from: BidaBing Corporation

Sellers, agents and buyers find the Bidabing site is straight forward and easy to use.

Sellers, agents and buyers find the Bidabing site is straight forward and easy to use.

MIAMI, Fla. –- April 11, 2008–- announces the launch of a new real estate auctioning application and nicknames their agent members “BidaBingers.”

Realtors, buyers, lenders and sellers are all invited to list and bid on foreclosure, short sales, estate sales and other distressed properties. The sites first no reserve property auction ended on April 17, and is the winning bidder paid $137,000. The property is located in Miami, Fla. and has a “Zestimate” ( estimate) of $238,500.

With the real estate market in a slump, claims that they can help to liquidate real estate, quickly and effectively.

According to a recent report, U.S. home foreclosure filings jumped 60 percent and bank seizures more than doubled in February as rates on adjustable mortgages rose and property owners were unable to sell or refinance amid declining prices.

Rick Diaz, the company founder said, “The challenge in this market is attracting enough buyers. Now, by combining traditional marketing methods with the Internet and offering conventional financing, we will get more local and international qualified buyers to participate in the bidding. That will bring the highest sale price in any market.”

A Site for More Eyes

The site not only helps buyers find properties, but it addresses the needs of the real estate agents and lenders as well -- a group that is feeling the effects of the market’s decline like no other.

Buyers and sellers who are not working with an agent at the time of registration may continue through the registration process. However, buyers are required to be registered under a agent member before submitting a bid.

Agent members will assist buyers through the bidding, contract and financing process.’s lead system also refers sellers to agent members for assistance and counseling.

For lenders, the company plans to play a role in helping liquidate assets and originate new loans.

The company’s overall objective is to make it easier for distressed properties to be auctioned to the general public with better terms while allowing banks and agents to benefit from the application as well.

“Throughout the country, people are losing their homes and banks are losing money. In the end, everyone is losing, including tax payers. When we help someone avoid foreclosure everyone wins,” Diaz said.

Currently, there are members in five states: California, Florida, Idaho, New York and Oregon. Most members are in South Florida, where the first marketing efforts are being tested. The database continues to grow on a daily basis.

To test the site and learn about its potential, visit:

Media Contact:
Rick Diaz
BidaBing Corporation

Media Contact:
Rick Diaz
BidaBing Corporation
2964 Aviation Avenue 4th Floor
Miami, FL. 33133
+1-305-508-4427 is an online real estate auctioning application designed for agents, asset managers and buyers to participate in the auction marketing and bidding process. The platform was designed to cater to users throughout the world and is currently being translated to 5 languages.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release BidaBingers Sell Faster With Real Estate Auctions here

News-ID: 42834 • Views: 897

More Releases for Sellers

NimbusPost Streamlines Shipment Solutions for eCommerce Sellers
Gurugram, 23 Dec. 20 Delhi/NCR based eCommerce logistics organization NimbusPost offers streamlined shipment solutions to eCommerce sellers. Serving across the country, the reputed logistics aggregator empowers its sellers through its network of 17+ leading courier partners across 27000+ pin codes across India, quickest COD remittance, and many other advantages. The tech-enabled platform facilitates its clients with zero subscription fees allowing them to increase their earnings without investing or compromising on the
Cebu Bag Sellers
Are you one of the many who is in love with all things designer? From clothes to shoes, and designer handbags, the world of fashion has so much to offer if you collect and are willing to spend your hard-earned money on these goods. Designer handbags are a class all their own. Not only are the top brands sought after anywhere in the world, but classic designs and models also remain
Bigcommerce sellers can now sell their products at too
Portland, Oregon – (August 24, 2017) – Enabling Bigcommerce store owners to sell on one of the largest marketplaces of the USA and popular for sale of large appliances, Cedcommerce has developed the Sears Integration App which is now available at Bigcommerce app store. The Sears Integration is another addition in CedCommerce’s Multi-channel listing app product-line for Bigcommerce, the earlier member of the product line are – Walmart marketplace Integration
The Flagship Site for Car Buyers/Sellers
Ottawa, Ontario, Dec 03, 2016 -- The Flagship Site For Car Buyers/Sellers: Users Empowered With A New Social Tool That Combines Traditional & Modern Day Marketing So you've made the decision to buy a new car. There are so many options to consider: where to go, what to get for a new vehicle, and what you will do with the old one. DIY selling options may include selling it yourself online
Copeland Adds Quick Ship For Furniture Best Sellers
Manufacturer Copeland Furniture of Vermont has introduced a new quick ship program designed around some of its best selling furniture styles. In an effort to meet consumer demand and reduce lead times on popular designs Copeland has implemented this expanded program to help bring its solid wood furniture into homes faster at no additional cost to the customer. Normal production lead times at Copeland are generally 6-8 weeks. With the
Launches Amazon MWS API for Amazon Sellers
Amazon Marketplace Web Service (MWS) is an incorporated web service API that permits Amazon venders to automatically trade information on orders, requests, pricing, reports, and that's just the beginning. We can provide merchants some assistance with growing their business. By using Amazon MWS API, sellers can expand offering effectiveness and enhance reaction time to buyers. Utilizing MWS, you can make applications that plan and download orders for satisfaction, affirm shipment,