Hacker Connect January 16 in New York
An event for and by the real estate tech community

Realtors using certain multiple listing services can now put foreclosures and bank-owned homes up for auction through an online auction platform, according to a release by real estate information technology company MarketLinx Inc. MarketLinx operates the MLXchange, TEMPO and InnoVia MLSs. Through a partnership with RealtyBid.com, real estate professionals can upload listings and photos from these MLSs and submit distressed properties (excluding short sales) for a live, "eBay-style" auction. Using RealtyBid.com's BidAssist feature, bidders can tender automatic, incremental offers up to a set maximum. "Unlike other services, RealtyBid.com keeps Realtors at the center of the transaction," said Ben Graboske, CEO of MarketLinx. "Listing agents control the auction pro...