AuctionEu, the first free and direct online platform for real estate auctions is born
It’s online AuctionEU.com, the new platform of real estate auctions for the purchase and sale of residential and commercial properties throughout the Italian territory. The platform is aimed at both individuals and small / medium investors interested in accessing new business opportunities. The portal represents the first real estate sales channel through auction in Italy which does not provide for any burden for buyers and, above all, which will guarantee a constant supply of new offers, being able to directly draw on the real estate assets under management. Bayview Italia srl.
Bayview Italia srl is a subsidiary of the US group Bayview, active globally in the purchase of large portfolios of real estate and loans secured by real estate, thus entering the business of online auctions, in addition to the activity of servicing And advisory.
The new platform will offer for sale with the first auction over 8 million euros of properties, first selection with respect to a wider global heritage throughout Italy. The project aims to offer properties without legal constraints and at advantageous prices, speeding up and simplifying the supply / demand ratio. Potential buyers are those who wish to buy their first home or additional properties, looking for transparent and affordable solutions, with the aim of making their offers and completing their purchases quickly and easily.
AuctionEU.com guarantees its customers both high standards of reliability and the assistance of a team of experts who follows the buyer throughout the entire buying and selling process, providing all the information and support necessary to complete the transactions. Thanks to the partnership with Entrust, a credit brokerage company, potential buyers can also take advantage of property financing services during the purchase phase.
“We are very satisfied with the online launch of this new platform – says Raffaella Massi, project manager AuctionEU.com“, a demanding challenge but which we are sure will allow us to carve out a significant share of the Italian market. Our project is unique in its kind, as for the first time the properties offered for sale are attributable not to intermediaries holding mandates, but to a single manager appointed by the proprietary vehicles and operating in the sole interest of the latter, unlike than what happens on the other auction portals. This aspect, clearly, involves lower costs for buyers who can still benefit from all the consulting and support services in the purchase phase, typical of real estate brokers“.
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