FAQ – Post Event Offers

Posted by DerekAlan on March 31, 2011 under FAQ, News | Comments are off for this article

For many of the notes auctioned on RealtyNoteBid.com end without meeting the note’s reserve price.  The note enters into the post auction process, which allows bidders to continue to make offers to purchase the note.

For many first time users, this is a confusing process.  It is important to note that although post auction notes often include a countdown (i.e. Up To 6 Days Left!, Up To 3 Days Left!, etc.), these countdowns disclose the time the note will remain on the website and available to receive post auction offers.

The countdown clock is NO GUARANTEE that the note will remain on the site for that entire amount of time.

For more information on the process got to: http://www.realtynotebid.com/learningcenter.cfm