Company Profile Text:

The United Commerce Co. team (UCC); one of America's leading financial asset auction marketing firms has more than twenty-five years experience and $1 billion in real estate and loan closings. United Commerce Co. offers asset divestiture utilizing auctions, sealed bid sales, real time Internet bidding, binary bid sales, negotiated sales, hybrid structured transactions and joint venture conversions. Past clients served include home builders, government agencies, global financial institutions, developers, receivers, attorneys, corporations and private owners.

United Commerce Co. is registered and incorporated in the State of California and maintains affiliate offices nationwide.United Commerce Co. is the preferred marketer with a history of qualifications to evaluate, package, coordinate and sell single properties and asset portfolios. The firm employs a high-level, positive marketing technique combined with comprehensive asset due diligence materials that engender the highest possible price for the assets offered. In addition, the firm's extensive experience with government agencies including the Federal Deposit Insurance Corporation, U.S. Small Business Administration, Federal Farm Credit Services, Resolution Trust Corporation and the U.S. Bankruptcy Court has provided United Commerce Co. with an acute sensitivity to the intricate needs of institutional and regulatory asset holders United Commerce Co. has developed the first full-service, Interactive Real Time Internet Bidding and Marketing program -- UCbid™. The program promotes a positive image and generates full market exposure for the assets offered, creates buyer competitiveness, reduces asset holding time and costs and provides expeditious closings.

UCBID Program Text:

Welcome to UCbid™, the first full-service Interactive Real Time Internet Bidding and Marketing site for real estate. At this site, you can view the current high bids being offered and can place a bid on those properties over the Internet. The UCbid™ marketing program directs attention to the benefits of each property in determining the market value, rather than relying on the bargaining strengths of sellers and potential buyers. The process is fast and efficient compared with traditional marketing. For the bidders convenience, sale terms and conditions are set prior to the pre-bid marketing period. The accelerated features of UCbid™ further promote a quick and accurate closing date.

Latest bids are displayed at all times with the next acceptable bid automatically calculated for bidders making the process fast and easy.

Our proprietary program benefits buyers varied purchase time-frame deadlines. Each buyer has the ability to control the bid ending timeline.

The ubiquitous nature of the Internet brings a voluminous number of properties within access of the buyer.

UCbid™ assists buyers in accessing the critical due diligence information required to evaluate each property, thus making the pertinent property data and auction terms and conditions readily available.

Bidding takes place over several days or weeks which allows buyers adequate time and flexibility to compare funding and/or credit options

UCbid™ integrates the latest security technology, making the system safe, secure and reliable..
UCbid™ sells properties faster, maximizing opportunities, and generating a confirmation of property value for bidders. Buyers realize incredible savings firsthand, as well as the true perception of achieved value by their peers. Recognizing both the benefits and shortcomings of real estate auctions and real estate brokered sales offered today, UCbid.com has developed the first "two step" Internet real estate auction combining the best aspects of traditional brokered real estate sales and auction sales. The new bidding format differs from current online auctions which preset a bid ending date and time. The two step bidding process offers sellers the certainty they seek regarding the final sale price while allowing buyers time to evaluate purchase and finance options.
Briefly, under the UCbid.com program, bidding begins the day the property is listed on its website. Bids are accepted until they reach the value range of the sellers unpublished reserve price. Once bids are in the value range, all bidders who have bid on a particular property are emailed with a specific bidding ending date and time. This two step bid process permits bidders to place their final increased bids. The format creates a sense of urgency and is self motivating in that if a buyer is desirous of a property they will bid aggressively at the outset so as to reach the sellers value range early in the bidding campaign.
Terms and conditions content can be customized for each property through UCbid.com's feature rich program thereby meeting the needs of sellers of a variety of property types.