Ready, Set, Grow with BidMyListing at NAR NXT
Nov 8, 2022 4:09:15 PM / by Erin Brown posted in News, Events
BidMyListingⓇ Raises $20M in Seed Funding to Scale Their Marketplace for Home Sellers and Real Estate Agents
Oct 3, 2022 12:58:13 PM / by Ryan
It’s been a few short months since we launched BidMyListing, a smarter way to sell your home. We have been blown away by the response we are seeing from homeowners looking to connect with real estate agents in their area who are bidding on the opportunity to sell their homes.
That’s why today we are excited to announce that BidMyListing closed our latest funding round with a $15 million investment from Deer Park Road Management Company, LP (“Deer Park Road”), a Colorado based alternative investment manager in structured credit and mortgage related investments.
“Since its launch, BidMyListingⓇ has generated more than 2,000 listings from motivated homeowners looking to connect with real estate agents representing just over half a billion dollars in property value,” said Matt Proman, creator and founder of BidMyListingⓇ. “The traction that we are seeing from home sellers and real estate agents has been tremendous. It’s a clear indicator that BidMyListingⓇ represents the future of selling real estate. Homeowners are lining up to work with us knowing they can receive cash upfront from a qualified agent of their choosing – while agents are relieved to finally have the opportunity to buy predictable listing inventory instead of using an unpredictable spend to acquire leads. It’s a win-win for both the homeowner and the agent.”
BidMyListing is excited to be heading to Scottsdale, Arizona October 3rd - 5th 2022 for Housing Wire Annual 2022. HousingWire Annual is where the community from across the housing ecosystem comes together to share strategies, drive business, discover new technologies, discuss best practices, and meet industry leaders. BidMyListing will be in attendance as part of its ongoing commitment to promoting transparency and efficiency in the real estate industry. We're looking forward to connecting with other leading companies and discussing the latest innovations in real estate. See you there!
We are thrilled to announce that BidMyListing has joined the National Association of Hispanic Real Estate Professionals (NAHREP)! NAHREP has been a champion of homeownership for the Hispanic community for years and it’s 40,000 real estate agents are a perfect fit for BidMyListing.
The 1,2,3’s of a Real Estate Listing Agreement
If you're thinking about selling your home, you'll likely enter into a listing agreement with a real estate agent. But what exactly is a listing agreement? In this blog post, we'll give you a crash course on real estate listing agreements so that you are prepared when it comes time to sign one.
We help you make a smart decision about selling your home.
BidMyListing connects home sellers with real estate agents who bid on the opportunity to sell their home. With BidMyListing you are not selling your home, you are selling your listing. When a listing goes live it is smart matched with real estate agents in the area who place bids. Bids contain cash upfront, listing term, proposed commission, and information about why the real estate is the best fit to sell the home. At the end of the listing term home sellers choose a winner and get introduced to the winning agent to schedule a walk through of their property. Once the listing agreement is signed home sellers receive the cash upfront offered and work with the agent to sell their home.

