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Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [1] [2] The company auctions distressed real estate and personal property for private investors and federal and local government. [3]
The company began as a local auction company selling real estate, farms and personal property run by Kruse and his sons Dean, Dennis and Daniel. The company held its first collector car auction in Auburn on Labor Day in 1971; the Labor Day auction became an annual event and grew to become the largest collector car auction in the world. [1]
In 2018, the company's $36.2 million sale of a property in Dallas, Texas was the highest price paid for a residential property that went to auction in the United States. [18] One year later, Concierge Auctions broke its own record for the most expensive home ever sold at an auction in the United States: an estate in Florida that sold for $42.5 ...
Between 2008 and 2011, Liquidity Services acquired four new marketplaces: Network International, GovDeals, TruckCenter.com, and the remarketing business of Jacobs Trading Company. [13] In 2012, it acquired GoIndustry DoveBid, a provider of surplus asset management, auction, and valuation services. [14] In 2015, the company lost two large contracts.
Trulia is an American online real estate marketplace which is a subsidiary of Zillow.It facilitates buyers and renters to find homes and neighborhoods across the United States through recommendations, local insights, and map overlays that offer details on commute, schools, churches and nearby businesses.
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The idea for the company was developed after observing a large amount of abandoned, seized, and recovered goods in the police property and evidence rooms. If police agencies are not able to return the stolen merchandise to the rightful owners, by law they must sell seized, recovered, found, and unclaimed personal property at public auction. [1]
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