The Internet auction is changing how real estate is sold.

The effectiveness of Internet auctions has been well documented with hundreds of business and consumer sites using the auction to transaction business online. Studies that compared real estate auction sales to the traditional negotiated sales show that auctions will get a higher price if agents used it.  Economists say the emergence of online auctions is no surprise.  Auctions are a very efficient form of commerce, and the best pricing mechanism for anything that buyers value differently, such as real estate. 

With about 2 million registered users, eBay.com has educated the public on the advantages of the Internet auction.  A high percentage of buyers and sellers have experience bidding on eBay making them ready users of the online auctions.

Rbuy Online Auction is the first and only Internet auction designed exclusively for real estate agents.  Now, any agent can immediately provide their sellers with the advantages of the online auction. Sellers like seeing the bidding because they can sell with the confidence that they have gotten their best price. Buyers say that seeing the bidding helps them make better buying decisions. No other sales method provides the credibility for its sales price as the online auction does.