Count on a fixed sales date
Live Bid uses engaging auction market dynamics to accelerate transactions and maximize value.
Onboard + Collect Information
The seller and their preferred commercial broker work with the Ten-X team to set a reserve price and collect necessary financial information, as well as due diligence documentation.
List Your Asset
The Ten-X team will build out a comprehensive property detail page (PDP) on the platform. This includes professional photography, unique selling points and due diligence documents.
Precision-Match Your Property
Our proprietary algorithms precision-match buyers from your custom lists, third-party sources and the Ten-X database of 400,000+ qualified commercial real estate investors.
Complimentary Asset Marketing
Ten-X will launch a multi-channel marketing campaign that includes print and digital ads, email, call campaigns, social media and more—at no cost to you.
As prospective bidders become interested in your property, they register for the auction by submitting proof of funds on the platform.
The Auction Begins
Live Bid auctions are two-day events where approved buyers place bids online. Sellers get live updates and alerts during the Ten-X Live Bid process.
A Winning Bid Is Selected
In the last hour of the auction, the seller and their broker work with Ten-X to coordinate efforts. Once the winning buyer is notified, Ten-X coordinates the deposit of earnest money and begins the automated contracts and closing process.
Meet your need for closing speed
Live Bid is a great solution for commercial sellers who need a secure transaction in a specific timeframe, are willing to meet market pricing and have a less complicated asset where contingencies are generally not needed.
Fixed sales date
To remove uncertainty around transaction timing for investors who need to close quickly, Live Bid auctions include a pre-defined auction date.
Ten-X data science uncovers unknown, pre-qualified investors from around the world who want to move capital into the U.S.
Investors can make an informed buying decision before auction day using best-in-class research and due diligence from Ten-X.
Go from list to close in record time with state-of-the-art technology and unparalleled support from a dedicated, in-house team.
Brokers can spend more time focusing on what counts with auction market dynamics that maximize deal value.
Certainty of close
Qualified buyers and a standardized process increase the certainty of close, reducing risk for commercial real estate investors and brokers.
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