Bulk Procedures

Bulk Buying Process for Listed Packages

  1. Register and review current bulk pools available under Search (Bulk) page
    1. Each asset provides the minimum data points
      1. City/State
      2. Address
      3. Current List Price/BPO
  2. Buyer submits bid on package with the following documents
    1. Indicative Bid with Asset Level Pricing
    2. Proof of Funds *
    3. NCND and Fee Agreements (NCND, Fee Agreement)
  3. Seller accepts bid and forwards following
    1. LOI
    2. Seller Confidentiality Agreement (If required)
  4. Upon execution of all agreements
    1. Buyer will commence 5 day Due Diligence (DD) Period which will exclude weekends and holidays.
  5. Upon completion of DD, Buyer and Seller will negotiate FINAL OFFER PRICE; execute Purchase Sale Agreement (PSA), and Buyer to wire 10% HARD DEPOSIT to freeze all assets, excluding any fallout.
  6. Closing takes place within 48 hours.

* Proof of funds (POF) is required to present with an offer/bid.


Bulk Buying Process for Custom Packages

  1. Buyer submits the following to BulkREOnetwork.com
    1. Completed Buyer Profile document (Buyer Profile)
    2. NCND and Fee Agreement (NCD, Fee Agreement)
    3. Proof of Funds (POF) **
  2. Depending on availability, Seller will provide a pool upon approval of Buyer qualifications
  3. Buyer submits bid on package with the following documents.
    1. Indicative Bid with Asset Level Pricing spreadsheet
  4. Seller accepts bids and forwards following.
    1. LOI
    2. Seller Confidentiality Agreement (If required)
  5. Upon execution of all agreements.
    1. Buyer will commence 5 day Due Diligence (DD) Period which will exclude weekends and holidays.
  6. Upon completion of DD, Buyer and Seller will negotiate FINAL OFFER PRICE; execute PSA, and Buyer to wire 10% HARD DEPOSIT to freeze all assets, excluding any fallout.
  7. Closing takes place within 48 hours.

** Proof of funds (POF) is required to demonstrate capacity prior to request of tape.