Auction Process

REITbid takes advantage of the premiere auction platform FRE.com to perform all non-traded public REIT share auctions. FRE.com provides a convenient and secure online auction platform that allows buyers to bid on non-traded REIT shares from a computer anytime, anywhere. The steps below outline the simple process.

Search & Select
Desired REIT Shares
Our website features auctions of many different REITs. Utilize our advanced search criteria to narrow down your selection.
Review Auction Information
Access REIT specific information to make better informed decisions. Available information includes original share price; published NAV, dividend and FFO; recent trading prices and more.
Complete
Registration
Prior to placing a bid on REIT shares you will need to register a user account. Registration is free, however a valid credit card is required to verify your identity.
Submit
Online Bid
Place bids on your selected REIT shares prior to the bid deadline. Minimum bid amount and bid increments are specified per auction.
Highest Bidder
is Declared
Highest bidder at end of auction becomes Buyer, if auction reserve price is met. Transfer documents are executed by Buyer and Seller, and purchase monies are sent to clearing firm.
Transfer Documents Processed
Fully executed transfer documents are processed by REIT. Once transfer is complete, Buyer is notified and sent confirmation of new share ownership.

Click here to go to the Auction Search Page and begin bidding today!

REITbid utilizes the premiere auction platform FRE.com to perform all non-traded public REIT share auctions. With more than 30 years of auction experience, FRE.com has perfected the online auction model and provides efficient execution for sellers of non-traded public REIT shares.

Creating an auction to sell your shares of non-traded public REITs is easy and the steps below outline this simple process.

Create
Auction
Create an auction by completing a simple online form about your shares. Information needed includes REIT name, number of shares, copy of last statement, and anticipated reserve price.
Ownership
is Verified
An auction specialist dedicated to your transaction will verify the information you provided and confirm ownership of shares.
Transfer Documents
Prepared
Once ownership is verified, your auction specialist will prepare transfer documents for your pending auction. Sample transfer documents will be available for bidders to review when your auction is live on the website.
Auction
Goes Live
Non-traded public REIT share auctions display on the website and are open for bidding. Buyers with expressed interest in your REIT will be notified of the auction's start date.
Highest Bidder
is Declared
Highest bidder at end of auction becomes Buyer, if auction reserve price is met. Transfer documents are executed by Buyer and Seller, and purchase monies are sent to clearing firm.
Transfer Documents Processed
Fully executed transfer documents are processed by REIT. Once transfer is complete, Seller receives confirmation and funds are distributed to Seller.

Ready to create an auction to sell your non-traded public REIT shares?

Create a new online auction


Or, for more information about selling your non-traded public REIT shares,

Call (800) 494-7600 to speak with an Auction Specialist.

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non-traded public
REIT Shares


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Turn your illiquid
investments into
cash
All REITbid auctions are conducted on
FRE.com, a leading online auction platform
Click Here to view some helpful
answers to your questions