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Business Profile

Online Auctions

Bid4Assets, Inc.

Reviews

Customer Review Ratings

1/5 stars

Average of 4 Customer Reviews

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Review Details

  • Review fromDaniel K

    Date: 06/23/2025

    1 star
    Bid4Assets offer zero protection from fraudsters on their website. I do not recommend doing business with them or using their platform to purchase assets for auction. A little about my situation. Bid4Assets protects fraudulent vendors who misled me on a purchase of jewelry on the platform. I went of the website Bid4Assets because it was federated with GovDeals (which is platform I used in the past). Under the jewelry section, there're many auctions posted by a company called ***********. I got bid on a few auctions and won based on the description of the title. However, when I inspected the listing afterwards, there we many misleading and fraudulent descriptions about the listed auctions I won. I reached out to Bid4Deals and the owner of *********** ***** **** through his phone number and email.***** never picked up the phone, responded to emails, or gave me a call back regarding my concerned regarding the description of the listing or shipping options. I called Bid4Deals and their customer service representative asked me to contact *****, and even "emailed" ***** about my concerns regarding the listing and payment and shipping for the items I won.Bid4Deals systemically rejected my appeals to them by re-directing my inquires to ***** at Empiredeals. Empire deals eventually charged my credit card $400 dollars through an arbitration or coming to a resolution to my dispute. I have since been in a nightmare dispute situation between my credit card company regarding fraud, empiredeels, and bid4assets. Empiredeals and ***** **** abuse Bid4Assets platform to mislead and scam unsuspecting bidders on the platform in bad faith. And Bid4Assets offer no methods to arbitrate the situation. The is an extremely frustrating and awful experience. I cannot recommend this platform or anyone do business with ***** **** @ ***********.
  • Review fromMM P

    Date: 05/30/2025

    1 star
    Bid4Assets allowed a seller to sell a parcel that we were already under contract for, to another seller, and then turned around and charged me a $250 non-performer fee. I guess the fee was for me not allowing myself to be defrauded. The customer service at ******************** is horrible. They do not respond to emails, or return calls, and then when you finally do get someone on the phone (like the lady today) they aren't very bright, don't know the law, and are helpful. AVOID BID 4 ASSETS AT ALL COSTS. NOT TO MENTION THEY HAVE A BBB LOGO ON THEIR WEBSITE, BUT BBB SAYS THEY'VE APPLIED-THEY HAVEN'T BEEN APPROVED. Fraudulent website ran by fraudulent people.
  • Review fromTheresa B

    Date: 09/22/2024

    1 star
    I purchased a bracelet from ***** **** of Empire Deals through Bid4assets. The reviews for ***** **** were 4.5 starts on Bid4assets website. However, when I received the bracelet, I realized it was not what was advertised by Empire Deals--it was of lower value than stated and it was of very poor quality for a 4K piece of jewellery! I went to Bid4assets to give the company, ************, a review, it was then I had access to their public feedback and real reviews which were mostly negative, showing a rating of 2 start. I was not able to see these reviews before purchase or before I received the jewellery. I don't understand why Bid4assets would hide the ratings of one of their vendors knowing it would reflect badly on them. I have written several email to Bid4assets but they have not responded. I have not yet received my full refund from Empire Deals either. I would like a full refund from ***** **** of Empire Deals without him withholding any of my money guised as fees or other. I would like Bid4assets make the online review of their vendors totally transparent prior to purchase.
  • Review fromMudar H

    Date: 07/21/2022

    1 star
    I have been in the real estate business industry for over 20 yrs as a broker, business manager, investor and property manager. I have never, ever encountered a business that is so poorly managed. For a business that manages third party funds and government auctions, communication is paramount; however, on multiple occasions, different days and work hours the call simply disconnects! To be clear, this company manages millions of dollars in third party money!!! and I can't get a hold of customer service for hrs on end! I have had multiple emails unanswered timely and support often transfers the issue to a higher-up anyway, which takes a few more days to resolve any issues. I have personally reported this company to my county and I hope the county reconsiders processing auctions through this outfit. For the auctions I partake in, Bid4Assets charges 1.5% premium and the avg. sale is 250k. They make it a paramount requirement to receive those funds timely, yet they never, ever respond to inquiries with the same urgency. It is beyond frustrating to have to deal with this company. I have also communicated this to them directly, so I am not just saying this publicly without giving them the opportunity to answer or correct their shortcomings. Unfortunately, they are the only way to participate in my county's foreclosure auction, so I am forced to deal with them. I absolutely wish and hope that this will not continue.

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