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Realestatesales.gov uses Login.gov for our user account provisioning. To create an account, click the LOGIN button at the top of the homepage. From there, click the option to Sign in with Login.gov.
This will redirect you to the Login.gov page. Users will have the option to login with an existing account on Login.gov or create an account.
Realestatesales.gov uses Login.gov for our user account provisioning. To create an account, click the LOGIN button at the top of the homepage. From there, click the option to Sign in with Login.gov.
This will redirect you to the Login.gov page. Once you enter in your Login.gov credentials, it will redirect you back to the GSA Real Estate Sales site, automatically creating an account for you.
After logging into Real Estate Sales, navigate to a listing that you would like to receive updates on Once on the listing, click the star on the upper right hand corner to mark it as a “Favorite”. This will enable you to receive email notifications on any important information regarding the property.
Please visit the Bidders’ Guide page for information on how to bid. For more information please contact the realty specialist who is handling the specific auction you are interested in. This information can be found on each listing.
If you forget your password for Realestatesales.gov, please reach out to the Login.gov Help Desk for support.
We are aware that you may have concerns over disclosing information. Your privacy is very important to us. GSA is fully committed to protecting your right to privacy within our on-line auction community. GSA does not market, sell, rent or otherwise release registered user information to third parties
There are no company accounts in RealEstateSales.gov. Bidders identifying as Corporations, LLCs, Trusts, Partnerships, or other non-corporeal legal entities will complete their registration the same way an individual bidder will create an account.
Surplus Government Real Estate may be located anywhere in the United States and in U.S. Territories. GSA sales include every type of real property rights in both rural and urban areas including, but not limited to residential properties, vacant land, office buildings, military installations, and lighthouses. GSA specializes in real estate that was once used for federal government missions and is typically commercial-type properties.
Each GSA real property sale will include a location by address and or map coordinates in the Invitation for Bids (IFB) that contains information on how to get to the property and when the property can be inspected. The IFB also includes the name of the Realty Specialist who is managing the property sale and their contact information where they can be reached for questions.
Properties differ widely in type and value and may include improved and unimproved land, office buildings, warehouses, commercial and industrial facilities, airfields, former Post Offices, farms, and single and multi-family residences.
The Office of Real Property Disposition manages real property assets. However, GSA sells surplus personal property including automobiles through the Federal Acquisition Service Office of Personal Property Management. Information on government sales including auctions of personal property can be found at http://gsaauctions.gov.
The IFB is a document that contains the information you need in order to make a bid for a property GSA is selling. Each GSA real property sale has its own unique IFB that constitutes an offer to the Government for its consideration to accept for contract. When a bid on the IFB is accepted, the contract terms of the IFB become binding on the parties. In addition, an IFB may also provide the location of the property, property description, maps, pictures, general terms of the sale, bidding instructions and any special terms of the sale. The IFB also contains the official bid forms for bidding at auction and specifies terms including a registration deposit to participate in an auction. Any additional questions you have regarding the property or how to bid can be answered by calling the Realty Specialist listed in the IFB.
Law and regulation requires GSA to obtain the Fair Market Value (FMV) for each parcel of real estate it sells. Each property is different so there is no set price for all of our properties. Only the highest bids offered are considered for acceptance in GSA sales and each high bid is compared to FMV. If the highest bid received is at or higher than GSA's FMV the property, it is generally accepted and a contract is executed with that high bidder. GSA's FMV is proprietary information and is never made available to the public to prevent influencing bidders. Bidders must perform their own due diligence and are encouraged to contact local real estate professionals to help them make a bid that they are comfortable with.
No, GSA is required to obtain Fair Market Value for property sold to the public. Sales are competitive and only the highest bid made at auction is given consideration for award of sale
Your contract with the government is the IFB and the bidder registration form along with the award letter that represents the Government’s express acceptance of the offer bid.
No, property listed for sale on RealEstateSales.gov is open to the public. If you would like to place a bid you will need to register on the RealEstateSales.gov website.
Yes, starting bids are used to establish the bidding process by GSA without direct correlation to Fair Market Value. If an online auction ends with only one bid placed at the starting bid amount, GSA may not accept that bid. A starting bid is different from a minimum bid. GSA always reserves the right to refuse any and all bids.
GSA auctions are sales with reserve prices that are unpublished. GSA reserves the right to reject any bid for any reason. GSA may choose to publish a reserve price if doing so is advantageous to the Government. For additional assistance on this issue, please contact the Realty Specialist identified in the IFB or listing.
Yes, a Bid Deposit, also known as a Registration Deposit is required to be paid with each bidder’s sale registration for them to be considered a bona fide bidder and allowed to place their online bids. Bid Deposit amounts are specified in the Invitation for Bids for each property and are unique to each sale. Each sale IFB will provide terms of sale including whether you may use a credit card to pay the appropriate Registration Deposit and how to provide GSA with your bidder registration forms to register as a bidder. Written instructions are provided in the IFB about how to make your bid and how to submit your deposit before you can place a bid.
The auction close time could change due to either (a) Extensions due to inactivity logic or (b) Extensions due to technical difficulties.
(a) Extensions due to inactivity logic: The auction close time can change due to the "inactivity period" which is displayed under "bidding details" and refers to the amount of time that must pass without bidding before the auction can end. Each auction closes at the first opportunity an inactivity period starts and concludes without a bid being made.
(b) Extensions due to technical difficulties: When technical problems occur and interrupt the bidding process for an unspecified amount of time, these interruptions may affect some or all bidders. In the event of an interruption, an evaluation of the length of interruption time and the numbers of bidders affected may prompt GSA Auctions to extend the closing time for an auction. Extension may range from 1 hour to 24 hours based on the aforementioned criteria, to ensure fair and full competition.
Sale information is visible on the item description page. A sale is considered closed when close time is displayed followed by text "(closed)" e.g. Close Time: 11/22 11:58 AM CT (Closed). On the Item description page, we also display time remaining (countdown clock). Once the countdown clock goes down to 0 the system will automatically refresh the browser page once. Next to the "time remaining," it will either (a) state the new remaining time after a sale extension or (b) state nothing indicating the sale is closing down.
Not necessarily. GSA reserves the right to refuse any and all bids and/or to accept an offer in the Government's best interest and sometimes other factors, besides the bid price, are considered.
Yes. After accepting a high bid, GSA generally issues a Quitclaim Deed (in Texas, a Deed Without Warranty is granted) to the high bidder when they provide full and final payment for the purchase price of a property sold.
Bids are submitted by Proxy (Maximum Bid) or by Fixed bid (Current active bid placed).
Proxy bidding is the ability to submit a secret bid amount that only the bidder can see online and the system will make automatic bids on the bidder’s behalf at the minimum amount needed to win the auction, up to the maximum amount of the Proxy Bid made.
A Fixed Bid can be made at any amount starting at the lowest (minimum) bid allowed or higher and is immediately shown on the auction page regardless of the amount
If you have a Proxy bid placed in the system and wish to place a Fixed bid, the Fixed bid will cancel your Proxy bid limit. Fixed bids must be greater than or equal to the minimum bid required by the system. The minimum bid is the current winning bid plus the amount of the stated bid increment. You may replace your Fixed Bid with a higher Fixed Bid or with a Proxy Bid higher than the minimum displayed bid. If your Fixed Bid is the current winning bid, and you make a Proxy Bid, your winning bid may remain displayed.
You may replace your Proxy bid limit with a higher or lower Proxy bid limit provided that the new amount is greater than or equal to the minimum bid required by the system. The minimum bid is the current winning bid plus the amount of the stated bid increment.
You cannot cancel your winning bids. If you have established a proxy bid, you can lower your proxy bid. Your proxy bid can't be lower than the current high bid amount plus the bid increment amount.
In cases of tie bids, the bidder who places the bid amount first will be awarded the item. Keep in mind that there may be proxy bids in place and the system will automatically increase the bid amount to be in the winning position. In cases where a Proxy Bid is made against a prior Proxy Bid, the prior Proxy Bid will be shown as winning until the second Proxy Bid amount exceeds the 1st.
The form of payment is indicated within the Invitation for Bid. Please contact the appropriate Realty Specialist if you have any questions.
Upon the close of the auction, a system message will notify you that the auction has ended and your position of either Backup Bidder (Second Highest Bidder) or Not The High Bidder. Registration Deposits (Bid Deposits) for all bidders—except the high and second highest bidders—will be returned as soon as possible. Bid Deposits for the high bidder and second highest bidder will be retained in accordance with the IFB. Bidders should refer to the IFB for specific terms and conditions.
If your bid was the highest bid received and if the bid has met all the criteria required for acceptance, the Realty Specialist will contact you to let you know your next steps. This will occur soon after the conclusion of the auction. At the end of the sale, a system message will notify you that the auction has ended and your position as high bidder. This is only informational. Only a GSA Contracting Officer can accept your offer to execute a contract in writing, which will be communicated only to you and outside of the RealEstateSales.gov bid collection system.
