Bid4Assets

Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. The company auctions distressed real estate and personal property for private investors and federal and local government. It has served the United States Marshals, the U.S. Department of Treasury and over 100 counties throughout the United States. To date, Bid4Assets has sold over 125,000 properties nationwide and grossed over $1 billion in sales. In November 2021 Bid4Assets became a wholly owned subsidiary of Liquidity Services, operators of the world's largest B2B e-commerce marketplace. The company is based in Silver Spring, Maryland.

Bid4Assets
Company typePublic
Founded1999 (1999)
Headquarters
Silver Spring, Maryland
,
United States
Key people
Norman Understein (Co-founder)

Rick Zitelman (Co-founder)
Jay French (Co-founder)

Jesse Loomis (President)
Websitebid4assets.com
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