AuctonMyDeal.com is geared toward helping local real estate investors auction their wholesale/fixer upper deals to the highest bidder. Most auction sites only allow banks, asset managers and Realtors to post their properties. Then they either charge the Seller 6% commission, or the buyers have to pay a 3.5% to 5% buyer premium if they are the winning bidder. AuctionMyDeal.com offers a FREE platform for Wholesalers, Sellers or Realtors to post their deals, and only charges the buyer a $1,000 or 1.5% of the sales price (whichever is greater) as an internet transaction fee. One of the Biggest Differences is there’s NO Reserve Price, so you can put in a bid at the lowest price and if no one bids higher then you are able to buy the property without having to worry about meeting the Reserve Price.