Terms of Service

Acceptance of these terms

These Terms of Service (“Terms”) govern your access to and use of DealBid. By creating an account or using the service you agree to these Terms. If you do not agree, do not use the service.

Eligibility

You must be at least 18 years old and able to enter into a binding agreement to use DealBid. The service is intended for business use by real estate professionals and investors, and is not directed to consumers or to anyone under 18. You are responsible for complying with the real estate, licensing, advertising, and disclosure laws that apply to you in your jurisdiction. Nothing on DealBid is legal, tax, financial, or investment advice.

Accounts

You must provide accurate account information and keep it current. You are responsible for safeguarding your credentials and for all activity under your account. Tell us promptly at support@dealbid.io if you believe your account has been used without your permission.

Acceptable use

You agree not to:

• post fraudulent, misleading, or unauthorized listings;
• manipulate an auction, including bidding on your own listing or coordinating bids to distort price;
• attempt to view, infer, or interfere with another user’s private bid data, or attempt to circumvent the access controls that keep auctions invite-only;
• scrape, resell, or redistribute listings, buyer lists, or any other data from the platform;
• upload malware, probe or disrupt the security or operation of the service, or use it to send unsolicited messages;
• use the service for any unlawful purpose.

Auction conduct

Wholesalers are solely responsible for their listings, including the accuracy of every detail, photo, document, price, and representation, and for having the legal right to market the property. DealBid does not verify listings. We do not inspect properties, confirm ownership or contract rights, appraise value, validate repair estimates or ARV figures, or check whether a wholesaler may lawfully assign a contract. Buyers are responsible for their own due diligence.

Bids placed on DealBid do not create a binding contract through the platform.

A bid is an expression of interest at a price. It is not an offer we accept, and winning an auction does not by itself transfer any interest in property or obligate anyone to close. Any binding agreement is a separate document that the wholesaler and the buyer negotiate, sign, and perform entirely off the platform. Reserve prices, auction formats, timing rules, and whether to proceed with a winning bidder at all are the wholesaler’s decisions. DealBid does not guarantee that any auction will receive bids, meet a reserve, or result in a completed transaction.

No vetting of users

DealBid does not vet the people who use it. We do not verify any user’s identity, business standing, real estate license, proof of funds, creditworthiness, or intentions, and we do not run background checks. Anyone can misrepresent who they are or what they can do, on DealBid as anywhere else. Because every deal happens off the platform and directly between users, you are responsible for satisfying yourself about anyone you deal with. Do your own diligence before you rely on a wholesaler, a buyer, a bid, or a property, and do not treat a user’s presence on DealBid as any endorsement, approval, or guarantee by us.

Fees

Your first auction is free. After that, publishing an auction costs $149, charged when you publish. There is no subscription, no contract, and we never take a percentage of your deal.

Fees are charged for the act of publishing an auction, not for any outcome. Once an auction publishes, the fee is non-refundable , including if the auction receives no bids, does not meet your reserve, or does not result in a closed deal. Payments are processed by Stripe; we do not store your card details. Ending, withdrawing, or relisting an auction does not refund a published auction, and republishing a listing is a new auction that uses another credit.

Your content

You keep ownership of everything you upload, including listing details, photos, and documents. By uploading, you grant DealBid a non-exclusive, worldwide, royalty-free license to host, store, reproduce, and display that content for the limited purpose of operating the service: showing your listing to the buyers you invite, generating your storefront, and sending the notifications the service depends on. This license ends when you delete the content or your account, except for copies retained in backups or as required by law.

You represent that you have the rights to the content you upload and that it does not infringe anyone else’s rights.

Content monitoring and removal

We are not obligated to monitor listings, uploads, messages, or any other content, and we do not review most of it. We may, though, at our discretion and without notice, review any content and refuse, hide, or remove anything we believe violates these Terms, is unlawful, infringes someone’s rights, or could harm other users or the platform. We may act on an account on the same basis, up to suspension or termination, as described under Termination below. Choosing to remove something, or to act on one account, does not make us responsible for content we did not remove, and it creates no duty to act the same way in any other case.

Termination

You may stop using DealBid at any time and may request deletion of your account by emailing rashad@dealbid.io. We may suspend or terminate access for conduct that violates these Terms or that we reasonably believe harms other users or the platform. Published auction fees are not refunded on termination.

Disclaimers

The service is provided “as is” and “as available” without warranties of any kind, express or implied, including any implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement. We do not warrant that the service will be uninterrupted, timely, secure, or error free, or that any listing, user, bid, or transaction is genuine, accurate, or lawful. You use the service, and transact with other users, at your own risk.

Limitation of liability

To the maximum extent permitted by law, DealBid and its operators will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any lost profits, lost deals, lost data, or business interruption, arising out of or relating to your use of the service, even if advised of the possibility. This includes any loss arising from a transaction with another user, from a listing being inaccurate, or from an auction outcome.

To the maximum extent permitted by law, our total liability for all claims relating to the service is limited to the greater of the amount you paid us in the twelve months before the claim, or $100.

Release for disputes between users

As explained at the top of these Terms, DealBid only helps a wholesaler present a deal and collect bids. Every deal, showing, negotiation, assignment, and closing happens off the platform, directly between users, and is theirs alone. So a dispute you have with another user is between the two of you, not us.

To the maximum extent permitted by law, you release DealBid and its operators from every claim, demand, and damage of any kind, known or unknown, arising out of or connected to your dealings with another user. That includes anything to do with a deal or a showing, the terms or outcome of a negotiation, an assignment of a contract, a failure or refusal to close, a disagreement over who won an auction or what a winning bid meant, and any money that changes hands off the platform. If you are a California resident, you waive California Civil Code section 1542, which says a general release does not cover claims the releasing party does not know or suspect to exist in their favor at the time of the release and that, if known, would have materially affected the release.

Indemnity

You agree to indemnify and hold harmless DealBid and its operators from any claim, loss, or demand, including reasonable legal fees, arising out of your content, your use of the service, your transactions with other users, or your violation of these Terms or of any law.

Dispute resolution and arbitration

Please read this section carefully. It affects how disputes between you and DealBid are resolved, and it requires most of them to go to individual arbitration instead of court. It does not cover disputes between users, which are addressed in the release above.

You and DealBid will first try to resolve any dispute informally, so please email us before filing anything. If we cannot resolve it within thirty days, you and DealBid agree that any dispute arising out of or relating to these Terms or the service will be settled by binding arbitration, administered by the American Arbitration Association under its Consumer Arbitration Rules, before a single arbitrator, seated in California. The arbitrator decides the dispute and may award the same relief to you individually that a court could. This agreement to arbitrate is governed by the Federal Arbitration Act.

Class action waiver.

Disputes are handled only on an individual basis. You and DealBid each give up any right to bring or join a class, collective, coordinated, or representative action, and the arbitrator may not combine more than one person’s claims or preside over any kind of class proceeding.

Small claims.

Either of us may instead bring an individual claim in a small claims court that has jurisdiction, as long as the claim stays in that court.

How to opt out.

You can decline this arbitration agreement. Within thirty days of the first time you accept these Terms, email rashad@dealbid.io with the subject line “Arbitration opt-out” and the email on your account, and tell us you are opting out. If you opt out, this section, including the class action waiver, does not apply to you, and disputes proceed in the courts described under Governing law. Opting out changes nothing else about your use of DealBid.

Governing law

These Terms are governed by the laws of the State of California, without regard to its conflict of law rules. You and DealBid agree to the exclusive jurisdiction of the state and federal courts located in California for any dispute that is not otherwise resolved.

Copyright complaints

We respect copyright and expect the people who use DealBid to do the same. If you believe content on the platform infringes a copyright you own or are authorized to act for, send a written notice to rashad@dealbid.io with the subject line “Copyright notice.” To be effective under the Digital Millennium Copyright Act, your notice should include:

• your physical or electronic signature;
• enough detail to identify the copyrighted work you say has been infringed;
• the specific content you are asking us to remove and where it sits on the platform, described well enough for us to find it;
• your name, mailing address, phone number, and email;
• a statement that you believe in good faith the use was not authorized by the copyright owner, its agent, or the law;
• a statement, made under penalty of perjury, that the information in your notice is accurate and that you are the owner of the work or authorized to act on the owner’s behalf.

When we receive a notice that meets these requirements, we may remove or disable the content it identifies. If content of yours was removed and you believe that was a mistake or that the use was authorized, you may send a counter-notice to the same address with the subject line “Copyright counter-notice.” Include the content that was removed and where it appeared, a statement under penalty of perjury that you believe in good faith it was removed by mistake or misidentification, your contact information, and your consent to the jurisdiction of the courts described under Governing law. We may restore the content where the law allows.

We may limit or terminate the accounts of users who infringe repeatedly, consistent with the Termination section above.

Changes to these terms

We may update these Terms. If a change is material, we will post the updated Terms with a new effective date and notify account holders by email or in-app notice before it takes effect. Continuing to use the service after a change takes effect means you accept the updated Terms. If you do not accept them, stop using the service.

Contact

Questions about these Terms? Contact us at support@dealbid.io.