realitybid.com ; The suckers bid.

It seems to me realitybid.com was thought up by a group of brokerages who were starting to get wise to the ever growing real estate available on ebay, and wanted to try and slow the trend. An ebay alternative would be a wonderful thing, but not through realitybid.com, their sales/listings are totally in the sellers favor with $1500 “transaction fee” charged to the winner(That’s $1500 less you have to spend than with a conventional offer).

Even if you are the winning bidder, there is no obligation for the seller to actually close the deal, and if you find fault and not purchase, it’s a $350 charge to your credit card.

“RealtyBid.com’s sellers reserve the right to accept or reject any bid on this website regardless of how that offer is made, whether or not it exceeds the reserve price and whether or not it is the highest bid offered.”

There’s no clear way to contact sellers for questions before bidding, few details, and one last nail in the coffin, the site forces Flash for functionality.

realitybid.com review… 1 of 5 stars; It does have a few listings