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Is a fee required to submit a bid?

Last updated Apr 13, 2026

No fees are required to bid in Xome auctions.

If you choose not to verify your identity, we place a $1,000 hold on your credit card during event registration—this makes sure bids are only placed by serious buyers. The hold is removed within 24 hours of either the event ending for non-winners or the escrow or closing company’s receipt of earnest money deposit for winners.

Articles in this section

  1. What Can I Expect During the Bidding Process?
  2. What Do I Need to Consider Before Bidding on a Property?
  3. How to Bid on a Property
  4. What Happens if the Highest Bidder Backs Out and I Become the Highest Bidder?
  5. Your Pre-Auction Checklist: What You Need to Know and Do Before Bidding
  6. Using a Real Estate Agent When Buying Properties at Auction
  7. When can I start placing bids on properties that I'm interested in?
  8. How do I know if a pre-auction offer is accepted or rejected?
  9. How can I find the reserve price for a property?
  10. What do “reserve met” and "reserve not met" mean?
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