Count on more control
Managed Bid removes uncertainty by shortlisting and selecting a group of commercial buyers to participate in the live auction event.
The seller and their preferred broker will
work with the Ten-X team to set a
reserve price and collect necessary
financial information, as well as due
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 will precision-match buyers from your custom lists, third-party sources and the Ten-X database of 400,000+ qualified 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.
Call for Indicative Bids
Once the reserve is set, pre-approved buyers place their indicative bids. Brokers and sellers review these bids and shortlisted buyers are selected to bid on auction day.
The Auction Begins
Managed Bid auctions are online events where qualified, shortlisted buyers place their best bids online directly. Once the reserve price is met, bidders and sellers receive an alert.
A Winning Bid Is Selected
Once the winning bid is selected, Ten-X coordinates the deposit of earnest money and begins the automated contracts and closing process.
Reach an exclusive audience
Managed Bid is a valuable solution for sellers who want an expedited, time-certain sale and an early look at the potential commercial market pricing. It is also an ideal fit for higher-value commercial properties, which are likely to be sold to a more sophisticated buyer.
Pursue better leads
Ten-X technology precision-matches buyers to commercial asset opportunities that align with their investment strategy to ensure the right buyers see the right properties.
Attract global buyers
Ten-X data science uncovers unknown, pre-qualified investors from around the world who want to move capital into the U.S.
With access to best-in-class research and due diligence, Ten-X ensures investors have everything they need to make an informed buying decision upfront and before auction day.
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 commercial property auction market dynamics that maximize deal value.
Certainty of close
Qualified buyers and a standardized process increase the certainty of close, reducing risk for investors and brokers.
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