User Guide
About BIDHIT
What services does BIDHIT provide?BIDHIT started with the desire to make real estate auctions operated by courts more transparent and accessible. BIDHIT provides our members with investment analysis for each property, legal procedure support, and handover procedure support.
Court
Implementation of bidding procedures
Real Estate Auction Property Information Site
Providing investment analysis Real estate legal support Aftercare
Potential Buyers
Payment of brokerage fees
- We provide a service that matches auction real estate properties with domestic and international potential buyers on the online platform "BIDHIT".
- We support investment analysis for each property and various legal procedures related to real estate transactions.
- We provide one-stop services from purchase to after-sales support.
Bidding Steps
How to bid on properties you're interested in?The procedure to bid on real estate auction properties using BIDHIT requires only the following 3 steps.
Apply to BIDHIT representative for proxy bidding and notify the desired amount
Send the original copy of your resident certificate to BIDHIT
Transfer the bid amount to BIDHIT's designated account and notify the desired amount
Schedule
What is the schedule to acquire the property?The process to acquire auction properties through BIDHIT is as follows.
Auction property is announced by the court
Within approximately 2 weeks
If you find a desired property, bid on the property through BIDHIT
Approximately 2 weeks later
BIDHIT notifies customers of the purchase approval/denial results from the court
Within approximately 1 week
Notify the court of purchase intention through BIDHIT
Approximately 1 month later
Property handover
Costs
What money is required?The costs required to acquire the property consist roughly of the following 4 items.
- Bid amount
- Property purchase procedure costs (real estate related taxes, owner registration fees, etc.)
- Various costs after property acquisition (renovation costs, repayment of inherited debts, etc.)
- Fees paid to BIDHIT (3% of bid price, minimum fee 200,000 yen)