Crexi Auction Platform is a cloud-based solution designed for the commercial real estate (CRE) industry, providing a secure and transparent environment for brokers, investors, and buyers to list, market, and transact properties via online auctions. The platform centralizes the entire auction process, from property listing and marketing to bidding, negotiation, and closing, eliminating the need for physical attendance and reducing transaction times. Crexi’s dedicated auction team manages marketing, buyer qualification, and transaction support, ensuring a seamless experience for all parties. With pre-arranged deal terms and a closing dashboard, users benefit from real-time notifications, document management, and a typical escrow period of 30 days. The platform is integrated with Crexi’s broader marketplace and intelligence tools, offering access to extensive property data, analytics, and lead management features. Crexi Auction has set industry records for online CRE transactions and is recognized for its efficiency, reach, and ability to deliver superior sale results.

Key Features

Online Auction Management End-to-end digital auction process for commercial properties.

• Secure, transparent bidding environment
• Pre-arranged transaction terms and timelines

Integrated Marketing & Lead Generation Dedicated team handles property marketing and buyer qualification.

• Access to 750,000+ qualified buyers
• Targeted campaigns and high listing visibility

Closing Dashboard & Transaction Support Centralized tools for managing closing and escrow.

• Real-time notifications and document sharing
• Dedicated support team for smooth transactions

Market Intelligence & Analytics Access to comprehensive CRE data and analytics.

• Over 153 million property records and 13 million sales comps
• Interactive demographic and market insights

Deal Management Tools Streamlines the entire transaction lifecycle.

• Document vault (up to 20GB), e-signatures, and negotiation tools
• Customizable alerts and team collaboration features

Benefits

Increased Transaction Efficiency Reduces time from listing to closing.

• Typical close within 30 days of auction
• Eliminates need for in-person attendance

Expanded Buyer Reach Connects sellers with a large pool of qualified buyers.

• 2.5M+ monthly visitors and 750,000+ buyers
• Higher visibility and more competitive bidding

Transparency and Control Ensures fair, open bidding and clear transaction terms.

• Real-time updates and notifications
• Pre-arranged deal terms for all parties

Superior Sale Results Proven to deliver above-reserve sale prices and high close rates.

• 121% average price-to-reserve
• 96% close of escrow rate