Gather the information you will need before listing your asset, including:
- Description and specifications of asset(s).
- Due diligence information for bidders such as photographs, proof of ownership,
appraisal, plat maps, maintenance records, financial statements, etc.
1 Select Sell an Asset
You must be signed up to sell. You will be prompted to login or sign up after you click
on Sell an Asset.
2 Select Start
Select the auction listing package that includes the products and services that best
meet your needs.
3 Choose the option New Listing
if you are listing the asset for sale.
4 Choose a Channel
and assign your asset to the most appropriate category or sub-category available.
5 Enter Basic Asset Information
Title - To keep our Web site consistent and easy to follow for bidders we require
the following standards and formats for auction titles:
- Sentence Case Please (No ALL CAPS)
- Real Estate: Location + Size + Description (Vienna, VA - 2 Acre Residential Lot)
- Personal Property: Quantity/Value + Description (1.5 CTW Diamond Ring)
- Financial Instruments: Face Value + Security + Performance + Description ($7 Million
Secured Performing Promissory Note)
- Intangible Property: Sub-Category + Description (Domain Name: GeeWhiz.com)
- HTML format - No <STYLE>, <BODY>, <BASE>, <FORM>, <HEAD>, <HTML>, <INPUT>, <LINK>, <META>, <TEXTAREA>, <TITLE>, <SCRIPT>, or <OBJECT> Tags allowed
- HTML tables are restricted to 650 pixels wide
- Font size no greater than +2
- Images no greater than 320 Pixels (W) x 240 Pixels (H)
- (Hint: This recommended image size is for faster download time and enhanced user experience. Larger images require a much longer download time, making it convenient for users.)
- We recommend no more than (5) images to maintain manageable download time for users.
- All links within the asset description must open a separate browser window.
- We recommend that you include only pertinent information. Bidders may not
read your description if it is too long.
- If only limited information is available, please state this clearly so that
potential bidders are aware.
- Real Estate: Include APN Number/complete legal description (required),
size of property, zoning, annual taxes/dues, utilities available, improvements,
appraised value, telephone number for county (recommended), etc. For timeshares
include the unit#, fixed/floating week and maintenance fees.
- Personal Property: Make, model, serial number, specifications, year/age/hours
used, maintenance, size, cut, color, clarity, etc.
- Financial Instruments: Position of note, performance, origination
amount and date, payments, balance of note, amortization schedule, etc.
- Intangible Property: Description of asset, registration date, etc.
6 Auction Requested Timeline
- Start Date: Monday - Friday during Bid4Assets' regular business hours (8am - 6pm ET)
- End Date: Tuesday - Friday during Bid4Assets' regular business hours (8am - 6pm ET)
- We do not recommend closing auctions on a Monday to ensure adequate time to respond
to bidder questions from the weekend.
7 Select Financial Terms
- Bid4Assets recommends NO RESERVE auctions to encourage the most bidder participation.
8 Settlement Terms
- Choose the method(s) of payment you will accept.
- For Jewelry auctions, be sure to include your refund policy.
9 Listing Fees & Options
- Review the fees and promotional opportunities.
- Bid4Assets recommends selecting promotional opportunities to increase exposure
of your auction.
10 Asset Listing Confirmation
- Review your listing.
- Agree to the Bid4Assets User Agreement and the auction listing guidelines.
- Click "Finish" (once you click "Finish" you will no
longer be able to make any changes).
- Review listing by clicking on the link provided.
- Record Auction ID # for your records.
- Upload your due diligence materials using one of the following methods:
1. Include images and links to due diligence in your asset description
- Example for image:
<center><img src=http://www.webaddress/imagelocation.jpg alt="image
- All links must open in a separate browser window. Example for link:
<a href="http://www.webaddress.com" target="_blank">link
description to be hotlinked</a>
2. Upload due diligence directly to the Bid4Assets Web site:
- Click on the link to edit your auction listing from the congratulations
page, or go to sell and asset and select the option to edit your auction listing.
- Follow the directions to upload images (jpg or gif format) and documents
(pdf format) for your auctions on hold.
3. Send due diligence to Bid4Assets (for Deluxe Listing Package only):
- Include your name, email address, asset title and auction id # with
- Email images or scanned documents to [email protected] with
the auction id # in the subject line. We will post your photos/documents for
- Fax hard copies of documents to (301)650-9194. Or,
- Mail photos/documents to Bid4Assets. Do not send originals.
Attn: Client Services
8757 Georgia Ave (Suite 520)
Silver Spring, MD 20910
Important Quality Review:
Please allow 1-2 business days for quality assurance review and posting of due diligence once the information has been received (when applicable). For new sellers and for all assets valued over $1,000, we require a copy of your proof of ownership. This can be faxed to (301)650-9194. Your auction listing will remain in hold until we receive a copy of your proof of your ownership.
A dedicated Account Manager will contact you if more information is required and to get your approval of your auction listing before it goes live on the Web site.
If you have questions, please contact Client Services at [email protected]. Our business hours are Monday through Thursday 9am-7pm and Friday 9am-5pm Eastern Time.
Thank you for your business!