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features
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support

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Description

Auction.com stands as the premier online marketplace dedicated exclusively to the auctioning of residential bank-owned and foreclosure properties, offering both virtual and in-person bidding events. The platform enhances the buying experience by providing a robust technology interface for easy access to its vast inventory of over 30,000 properties, along with valuable services and expertise aimed at ensuring buyer success. Modern investors increasingly seek greater control, comprehensive data, and enhanced property insights, prompting us to expand our offerings beyond traditional methods. By merging our enthusiasm for real estate with cutting-edge technology and data analytics, we have developed an unmatched transaction platform that has facilitated $52 billion in sales, attracted 6.3 million registered buyers, and enabled the sale of 451,000 properties. Additionally, with over 16,000 properties currently on the market and a dedicated workforce of more than 700 employees, we conduct over 10,000 auctions annually across all 50 states, continuously striving to meet the evolving needs of buyers and sellers alike. Our commitment to innovation and customer service positions us as leaders in the real estate auction industry.

Description

Lofty allows sellers to submit their property for sale. Based on factors such as occupancy status, condition, location and rental history, the property is approved or denied. A new LLC is formed to contract the property once it has been approved. The tokens of the LLC are then converted into individual tokens worth $50 on the Algorand Blockchain. A professional property inspector will inspect the property and prepare a report. If repairs are required, the seller will either make them before closing or credit the LLC. The property is available for sale on the Lofty marketplace. After the property has been fully funded, the LLC will close the Title Company on the property and the deed will transfer to the new LLC.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Axis LMS No 
Parsey Yes 

Integrations

Axis LMS Yes 
Parsey No 

Pricing Details

Free
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Auction.com

Country

United States

Website

www.auction.com

Vendor Details

Company Name

Lofty AI

Country

United States

Website

www.lofty.ai/

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