Hubzu is an online bidding real estate marketplace that provides complete online real property purchasing services. This includes searching, bidding, financing and closing. We compiled Hubzu reviews from around the web to determine what customers think about the company.
If you’re interested in buying a foreclosed home but aren’t sure how to do it, check out our guide to the basics of buying homes at real estate auctions.
Hubzu Customer Reviews
Summary of Hubzu Customer Reviews
We scoured online user reviews and found that Hubzu has a mix of positive and negative ratings. Here’s what we found:
What Hubzu does well:
Users who recommend Hubzu said that they liked the convenient online bidding and transaction for their real estate purchases. They also mentioned great property prices available on the site.
What Hubzu does not do well:
Users who left negative reviews mentioned that they won a few bids but ended up not being able to purchase the property afterwards, citing a problem with how the website is manipulating the bidding process. Some users also said that a few auctions did not end as scheduled, preventing a user from winning a bid.
Most Helpful Positive Review
A user who left a positive review on SiteJabber said that she didn’t experience any of the negative comments she read about the site. She mentioned that she was hesitant to try the website at first but had a straightforward transaction with no surprises and a lot of support from the Hubzu team. Hubzu provided her with a contact sheet and answered every email and phone call promptly. They were also very clear about deadlines and expectations. She shared that everything went well and they were able to close the deal in 22 days.
Most Helpful Negative Review
A user who left a negative review on Zillow Forum said that his client tried to buy a house twice from the site. Both times, the site said that the bid has been won but the process didn’t have a follow-through and the property went back as a property listed for bidding after a few days.
Hubzu Reviews From Users Around the Web
Here are a few other resources for finding helpful Hubzu reviews from customers. We rated the review sites on a scale from poor to excellent based on how trustworthy and useful the reviews seemed.
|User Review Website||Average Rating||Number of Reviews||Quality of Reviews|
|SiteJabber||2 out of 5||36||Good|
|Best Company||1.6 out of 10||36||Good|
How We Determined Quality of User Review Websites
- Zillow Forum provides great quality reviews and verifies its users. As it is also a real estate online marketplace, it attracts quality reviews from users who are specifically looking for properties to purchase or rent. The site has a lot of recent reviews.
- SiteJabber has good quality reviews and verifies its users. It provides reviewers with a form to add their general comments and reviews. The site also has a lot of recent reviews.
- Best Company has good quality reviews and asks for the details of the reviewers and validates their identity through the email address provided. The site has a lot of recent reviews.
Hubzu offers free sign-up and membership to access their property listing. Hubzu charges a technology fee of $299 upon purchase of a property. The technology fee helps cover the cost of using the platform and is added to the purchase price of the property.