Buying Real Estate is better than ever! 

XLR8 Realty offers the best technology and accredited professional service.

Buyers have confidence the purchase of real estate with XLR8 REALTY is open, transparent, fair & square.

All offers are public and in real-time, our properties are pre-inspected with detailed reports, we work with and are professional REALTORS® who comply with the industry's most trusted ethics and business practices.

All of this is wrapped up in our prop-tech bidding platform which is unbelievably fast and secure. Available on Andriod and Apple devices as well as your home and office computers, tablets, or smart TVs.

Buyer FAQ'S

 

Who is XLR8 Realty Group Inc?

 Our brokerage is a team of registered REALTORS®, Brokers, and accredited Auctioneers of real estate who have developed an exclusive online property bidding platform that is managed and regulated by realtors. 


What is The XLR8 online bidding platform?

 XLR8 realty auction is an online real estate bidding platform for all types of properties. The bidding platform allows sellers to showcase their property to a worldwide audience creating a competitive marketplace for buyers to compete and maximize true values. 


Am I obligated to bid once I register?

You are under no obligation once you register to bid. Registering is free and gives you the option to bid.


Can I bid on several properties at once?

Yes. You can bid on several at once. In order to do this, you and your agent will need to register for each property individually. 


How should I prepare to bid, in an online real estate auction?

All bidders require to create an online account and register for the specific property. Bidders will need to provide proof of financing. Normally your Realtor is provided this information and it is relayed to the listing brokerage to finalize registration. All Realtors must complete the online realtor acknowledgment.


How do I register to bid on a property?

Once you have created a login account, click on the property you want to bid and there is a registration call to action. 


When will I know the reserve has been met?

When the reserve is met it will appear on the auction


Can the property owner place a bid?

No. The property has to be listed with a realtor brokerage first before it can go to the online bidding platform. It is also specified in the online bidding contract. Buyers register to bid with a buyer's agent, who represents the bidder during the bidding process. The Realtors complete a realtor acknowledgment. 


Will I have access to property due diligence?

Yes, with the XLR8 Online Bidding platform you have the benefit of buyers and sellers being represented by licensed Realtors and information provided in the documents section with access to home inspection reports and other disclosure.


What is the MAX BID feature?

Some bidders prefer to set a max bid, to cap their highest price. You can also set a custom bid and you can call (which means bid what is asked by the auctioneer)


I am the winning bidder, what happens next?

You and your Realtor will be sent the completed purchase agreement documents for signage and you will have deposit instructions provided to complete the purchase deposit.


What if I need help?

We always have live agents during a real estate auction, available to provide support. You can also contact us here