Bid4Assets

Bid4Assets
Company typePublic
Founded1999 (1999)
FoundersNorman Understein
Rick Zitelman
Jay French
Headquarters,
Key people
Jesse Loomis (President)
OwnerLiquidity Services
Websitebid4assets.com

Bid4Assets was the first online real estate auction website to operate in the United States. Established in 1999, it auctions distressed real estate and personal property for private investors and federal and local government.

Based in Silver Spring, Maryland, the company 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.