PreBid finds homeowners facing foreclosure, locks contracts at below-market prices, and assigns them to cash buyers. You keep 10-15% of every deal. No capital required.
We scan pre-foreclosure filings, tax delinquencies, and distress signals across the Midwest. Data-driven targeting, not cold-calling phone books.
Contact the homeowner directly. Negotiate a purchase contract well below market value, before the property ever hits auction. Speed is the advantage.
Flip that contract to a hedge fund, REIT, or cash investor. They get a below-market asset. You collect a 10-15% finder's fee. No renovation. No ownership.
Most investors need cash to close. PreBid needs a contract and a phone. We move before the auction, when homeowners are most motivated and competition is lowest.
While everyone fights over Florida and Texas deals, we operate in Omaha and the Midwest corridor. Lower entry prices, less competition, assignment-friendly title practices.
Wholesaling regulations are tightening in 10+ states. PreBid builds disclosure and compliance into every deal from day one, so we can scale where others can't.
Homeowners avoid foreclosure and walk away with cash. Buyers get below-market assets. PreBid earns a fee for making the connection. Clean, ethical arbitrage.
PreBid is building the infrastructure to get there first, every time. Contract arbitrage at scale, starting in the heartland.