The Jeff Merrill Team powered by eXp Realty connects Sioux Falls and eastern South Dakota buyers and sellers with USA Home Bids, an online bidding platform designed to make home-offer activity easier to follow.

What Is USA Home Bids?

USA Home Bids is not an auction. It’s an online bidding platform where a seller’s home is listed with a reserve price that is not disclosed to buyers, and buyers place bids in a transparent, easy-to-follow process.

How It Works for Buyers

Buyers register for free and can see all bids on a property. When you place a bid, the system will automatically bid up to $1,000 over the current highest bid on your behalf, up to the maximum you set. Each new bid extends the bidding window by 12 minutes, so there’s always time to respond. Registration can take up to 24 hours to process, and offers can be financed or made in cash, with the usual contingencies still applying.

How It Works for Sellers

Sellers list their home through a short listing agreement, typically priced well below market value, without disclosing the reserve price to buyers. Showings are generally limited to scheduled open houses, which means minimal disruption to your daily routine.

Frequently Asked Questions

Is this an auction? No. USA Home Bids is a bidding platform, not a traditional auction, and the usual financing and inspection contingencies still apply to accepted offers.

How long does registration take? Buyer registration can take up to 24 hours to process, so it’s best to sign up before you’re ready to bid.

See Current Listings on USA Home Bids

Ready to see how it works? Visit USA Home Bids to register as a buyer or learn more about listing your home.