Rick Zitelman (Co-founder) Jay French (Co-founder) Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States.

[1][2] The company auctions distressed real estate and personal property for private investors and federal and local government.

To date, Bid4Assets has sold over 125,000 properties nationwide and grossed over $1 billion in sales.

[6] In November 2021 Bid4Assets became a wholly owned subsidiary of Liquidity Services, operators of the world's largest B2B e-commerce marketplace.

The company is based in Silver Spring, Maryland.