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Stock impact report

Bid4Assets to Host Online Tax-Defaulted Property Sale for Riverside County, California with 152 Auction Listings [Yahoo! Finance]

Liquidity Services, Inc. (LQDT) 
Last liquidity services, inc. earnings: 2/6 06:55 am Check Earnings Report
US:NASDAQ Investor Relations: investors.liquidityservices.com
Company Research Source: Yahoo! Finance
RIVERSIDE, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- The Riverside County, California Treasurer-Tax Collector's Office will host its annual tax-defaulted property sale in collaboration with online auction provider Bid4Assets, the leading online marketplace for the sale of distressed government real estate. Online bidding for more than 152 properties will begin April 25, 2024, at 8:00 AM PT and end April 30, 2024, at staggered times. “Since 2003, Bid4Assets has helped Riverside County return over 7,000 tax-defaulted properties to the tax rolls, generating over $115 million in sales proceeds,” said Bid4Assets President Jesse Loomis. “Riverside County conducts one of the largest tax sales in the country. This sale would consume a tremendous amount of resources as a live event, but is now seamless and efficient for both bidders and county staff.” Hosting the sale in an online format has numerous benefits, from combating collusion to increasing sales proceeds. Funds raised from the s Show less Read more
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