Raymond Villani
226 Fifth Avenue
New York, NY 10001Phone: 212 832 9500
Email: rayv@bidonthecity.com
Web: www.bidonthecity.com
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Bid on the City began as a boutique brokerage firm that carved out a profitable niche selling Manhattan condominiums to foreign buyers. Realizing the unabated growth in real estate would not go on forever, they began to build, from the ground up, an auction platform offering live online bidding with video and audio streaming in real time. Over the course of two years, $2 million were spent to create the most advanced and user-friendly platform. Debuting in May 2009 with local, national, and global marketing, they have been able to deliver buyers worldwide competing to purchase property online or at their state of the art Fifth Avenue bidding center. Buyers get the best prices and owners could sell their property in just thirty days.
The introduction of Bid on the City’s new real estate platform, with the bidding engine built by PropertyShark, brought a lot of press. CNBC called them “eBay for Manhattan real estate” and the New York Times noted that Bid on the City is “technologically sophisticated”.
Bid on the City is currently offering only Manhattan properties, but will soon be expanding to the Hamptons along with Moscow. Furthermore, development is underway in Nevada, California, Miami and Dubai. The growing need to sell real estate quickly and efficiently has created an unparalleled opportunity for innovative technology. Bid on the City is looking for additional partners and investors to advance our successful real estate trading platform and build it into a global brand.
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