Auction.com - Homes for Sale App Negative ReviewsTen-X, LLC

Auction.com - Homes For Sale Negative Reviews

4.6
4.64736 star

Total 14 Negative Reviews

Auction.com - Homes for Sale App Complaints & User Negative Comments 2024

Auction.com - Homes for Sale app received 14 complaints, negative comments and reviews by users. Have you ever had a bad experience using Auction.com - Homes for Sale? Can you share your negative thoughts about auction.com - homes for sale?

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Auction.com - Homes for Sale for Negative User Reviews

Waste of timeThere has been a house with a resale value of $225 K if repaired . This house is just sitting and getting more and more in disrepair . Nobody has won the bid because apparently knuckle heads at bank thinks it’s going to be worth more the longer it sits . House isn’t worth more than 75K and I have seen the winning bid go over 100 K . This house has been on this site for over a year . This app should require a opening bid so that people don’t waste their time with bankers that could care less how bad of shape they let these houses get that could be someone’s home ..Version: 4.9.1

Not a true auction!This “product” is ridiculously labeled as an auction site. Reserve prices are above market, especially when property condition is taken into account. Bank owned properties are often still occupied by former owners. This limits one’s ability to inspect or assess a true value. Once actual bidding begins, “false” system generated counter bids are placed by the site 🙄 THIS IS A HUGE WASTE OF TIME FOR EVERYONE INVOLVED (except for the site and the bank).Version: 4.22.1

Doesn’t saveI like the information loaded. I wish I would stay logged in on the app. Also this site gives good info on how to access the auctions for each state, but I just wish a link for that state was included..Version: 4.33.0

A little troubleI love the app but I do notice when picking options such as to filter on ways to bid as online, direct it will still show a considerable amount of properties that require in person bids and this was Not my selection. This causes me confusion, and a lot of time wasted searching through them when it should simply be deserting the in-person bid option.Version: 4.25.1

This is a GAINT wast of timeThis app and company are a fraud!!! They said there NO BUYERS Premium, but that is not true!!! Let me explain to you how they make money by screwing you over! They are automatically bidding against you on every auction to drive up the prices. Once the bid amount get close to the secret reserve amount ( for example $139K and this is a educated guess because I have done my research on the property) and my current bid is at $125k, they will come in at and increase bid up to $136k. This put me in a bad spot, because the bid increments are only in $10k, so if I bid again, I will have to go to $146k. They only have to collect the $139K to satisfy the bank, so they get to pocket the extra $7K for their “services” even though they claim not to charge BUYERS PREMIUM! This company is extra deceptive!!! BE AWARE!!!.Version: 4.10.3

Property info opens in safariWhat is even the point of the app? Whenever I click on a property, it opens in safari. I downloaded the app to browse properties, but I can’t even view them fully in the application. As far as I can tell there’s no setting to change this..Version: 5.0.0

Weird Malfunction makes unusable.When I use map search (for area) it immediately pans to whole US and no longer lists enough houses in area i am looking. It’s weird because it was working fine a few minutes ago and I have several properties saved that now no longer show on list. So now I cannot see current listings in any specific area..Version: 4.32.0

Neutral ratingApp isn’t always accurate. But, it’s helpful nonetheless. I could take it or leave it. There’s a bit too much inaccurate “estimation” until just a couple of days prior to foreclosure day. This app is better for a novice, rather than a true investor who knows how to conduct their own true/accurate research..Version: 4.10.2

Needs improvementCons: It is nearly (if not completely) impossible to update a credit card with out calling customer service. I also don’t like that if I am registered to bid on more than one property, I have a $2,500 hold on my card for each property. I am a flipper/whole seller and this ties up a lot of my ability to work on other properties for several days after the auction is over. Pros: Easy to navigate. E-mail updates are nice and informative..Version: 4.10.6

ClunkyNeeds a polish.Version: 4.10.4

Over valued homes to increase commissionOne thing I hate about this company is that they get comparables to price the home and some how the home is worth $200,000 more than comparables. How in the flying cartwheel does that happen? 1. It’s an auction home and should already be priced lower because of condition, 2. How do you get comparables of similar homes costing $200,000 less and somehow come up with such a high estimate? My theory is to push that commission, because you’re not doing anyone any favors by over estimating the homes estimated value..Version: 4.32.0

Auction?This doesn’t seem like a real auction… what’s with the reserve price…? Why not just start bidding at your reserved price? It’s kinda ridiculous.. I’ve bid on the same house for 4 months. I won every time but the “reserve price” wasn’t met… If the reserves price is shown we as the consumer can decide if we want to meet that price.. it’s so deceptive to hide the real price and take our money knowing it’s a high probability that we won’t win the house under market value.. Be transparent! Show the reserve price!.Version: 4.26.2

Horrible appEverytime you click on a property and then want to return to the search, it brings you back to the beginning of your search. So you are hesitant to even click a property unless you are really interested. It won’t allow you to sort by those with an opening bid amount. So if you search “low to high” it will display all the TBD..Version: 4.26.3

SCAMMy experience with this app was absolutely dreadful. I registered to bid on a house which resulted in a $2500 holding fee in which I couldn’t get back until the Saturday after the auction ends. I never got it back and had to wait until the following Monday when they were open to call customer service. Customer service informed me that they sent the money and that “it was an issue with my bank”. I called my bank right after that and they told me that I never got my money back. So I’m currently filing a dispute. I’m just very stressed out, disappointed, and disgusted..Version: 4.18.0


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