Bid4Assets is one of the first-to-market and most successful online real estate auction sites operating today. The company was founded in 1999. The idea for the company came from a real life experience after the founders stood on the steps of the courthouse in Baltimore, MD bidding on a piece of commercial real estate. After standing in the cold for several hours, along with several hundred other people, the entrepreneurs realized there was a better way to manage real estate auctions. Hence, Bid4Assets was conceived.
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