Real Estate - , Virginia, United States
BidLion LLC provides Real Estate Listing Agents and their clients advertising for the home and a transparent offer management platform where buyers submit real time offers.How does it work?1.The listing agent creates a listing on www.bidlion.com by clicking the LIST NOW button then directs all buyers to submit offers on the site through normal advertising methods (MLS, ads, etc).2.Buyers, represented by licensed real-estate agents, submit informal, non-binding offers during an offer collection period, in the public view, for evaluation by the seller and their listing agent.3.After the seller evaluates the offers on the table and chooses the most appealing, the listing agent contacts the buyer's agent and invites them to make a formal, traditional offer using their standard local contract.This service increases a Realtor's efficiency and provides valuable time savings. Here's how:•All terms and condition requirements for bidding are established by the selling agent and clearly displayed for all buyers. Each buyer's offer including time costs, financing restrictions, terms, conditions, and limits are clearly displayed to the public and can be adjusted to be most appealing to the seller. This saves time and provides transparent information to both parties before a contract is even generated.. Listing agents don't waste their time parsing though contracts to find the important aspects to their client and Buying Agents are always aware how their offer compares to others.•Agents spend less time on the phone because their registered clients receive the same real-time email updates when offers are posted or adjusted.•Once a buyer's agent confirms their relationship with a registered client, they can pass the bidding responsibility on to their client and assume an advisory capacity while staying in the loop via automatic email updates.*This service is simple and does not affect your normal commissions, contracts, or advertising methods:
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