List of Frequently Asked Questions

 

Question:   How does the bidding process work?

Question:   What am I bidding on when I bid?

Question:   How do I create an account at www.iowataxauction.com?

Question:   I am a single bidder, how do I register with iowataxauction.com?

Question:   I manage multiple bidders, how do I register with iowataxauction.com under my account?

Question:   Can I register multiple bidders with Iowataxauction.com at the same time?

Question:   Can I add additional bidders/entities at any time?

Question:   How do I register for each county’s tax sale individually?

Question:   How do I register for each county’s tax sale in bulk?

Question:   How do I pay for my registrations?

Question:   Can I place my bids before an auction opens?

Question:   Can I bid for all of my entities/companies at once?

Question:   Can I bid for all parcels in all counties at once?

Question:   How do I bid individually?

Question:   How do I know that I am registered for a county's sale?

Question:   I won a parcel but didn't receive an invoice, can you resend it?

Question:   If I registered last year, do I need to register again?

Question:   Do I still need to remember my TSB numbers?

Question:   Can I change my bid once the batch/auction has started?

Question:   Can I do bulk bids once the auction has started?

Question:   If I set my beginning bid at 100 and my lowest bid at 1 will I tie at the lowest bid submitted by my competitors?

Question:   Will any emails go to bidders-example they have been out bid?

Question:   How do I pay for parcels I won during the sale?

Question:   What happens if these parcels don't sell at auction?

 

How does the bidding process work?

What am I bidding on when I bid?
Answer: You are bidding on percentage of ownership of the property should the property go to deed.

How do I create an account at iowataxauction.com?
Answer:   First time bidders will be required to create an account by selecting the "Create an Account" menu option and completing the registration form.  

 

 

I am a single bidder, how do I register with iowataxauction.com?
Answer:  Once you have created an account, select "Bidder Registration" from the menu bar, complete the registration form and select "No" on the "Will you manage multiple bidders" dropdown box. 

 

 

I manage multiple bidders, how do I register with iowataxauction.com under my account?
Answer:  Once you have created an account, select "Bidder Registration" from the menu bar, complete the registration form and select "Yes" on the "Will you manage multiple bidders" dropdown box. 

Can I register multiple bidders with Iowataxauction.com at the same time?
Answer:  Yes, this can be done by using the bidder import and export features in the "Import/Export Bidders" tab of the "Bidder Registration" menu.  Once you have registered your first bidder number, you may export a bidder list into a spreadsheet.  You can then add your remaining bidders to the sheet and import them into iowataxauction.com.

Can I add additional bidders/entities at any time?
​Answer:  If you selected "Yes" for "Will you manage multiple bidders" you can add new bidders at any time using either the "Add Bidder" or the "Import/Export Bidders" features.  If you initially selected "No" for "Will you manage multiple bidders", you will need to contact us by using the "Contact/Support" menu item.

How do I register for each county’s tax sale individually?
Answer: This can be done by selecting the checkbox and clicking "save" beside the county you are registering for (If live sale, the name of the representing agent is also required) You will then be required to click on the "Checkout" tab to pay for your registration(s) by e-check and submit your username and password to "Certify" your identity, (W9) and proof that you are eligible to bid in an Iowa auction. (Must be on file with the Iowa Secretary of State if a company)

How do I register for each county’s tax sale in bulk?
​Answer:  Bulk registrations can be performed by using the "Import/Export Registrations" tab of the "Bidder Registration" menu option.  Once a registration worksheet has been downloaded, select the appropriate county (or counties) by placing an "X" (If online sale) in that county's column for each bidding entity. (If you are registering for a live sale, place your agent's name in that county's column to select)

How do I pay for my registrations?
​Answer:  After selecting and saving the sale(s) you are participating in, payment can be made by e-check by clicking on the "Checkout" tab of the "Bidder Registration" menu option.  You will be required to submit your username and password to "Certify" your identity, (W9) and proof that you are eligible to bid in an Iowa auction. (Must be on file with the Iowa Secretary of State if a company)

Can I place my bids before an auction opens?
​Answer:  Yes!  Iowataxauction.com offers a "Pre-bid" option that allows bidders to submit their bids prior to a sale/batch opening.  However, bidders will not be allowed to see any results of those bids until the start of the sale.

Can I bid for all of my entities/companies at once?
​Answer:  Yes, there are two options for bulk bidding.  You can bid by individual sale/batch or you can also bid on every sale/batch at the same time.  To bid by individual sale or batch, you will need to go into the batch from the "Auction" dashboard and download/upload a bid sheet.  To bid on all counties at the same time, you will download/upload a bid sheet from the main page of the dashboard.

Can I bid for all parcels in all counties at once?
​Answer: Yes, you can do this with the Export/Import options on the main auction page.

How do I bid individually?
​Answer: Select the "Parcels" link under "options" of the auction dashboard ("Auction" menu item).  Then select the "Details/Bid" link beside the parcel you wish to bid upon.  Enter an opening bid percentage and a "lowest" bid percentage.

How do I know that I am registered for a county's sale?
​Answer:  You can see the number of registrations on the "Manage Registrations" tab of the "Bidder Registrations" menu options.  As well as on the "Receipt Tab"

I won a parcel but didn't receive an invoice, can you resend it?
​Answer:  While we cannot resend invoices, they are available on the "Auction" dashboard under "Options"

If I registered last year, do I need to register again?
​Answer:  While you will need to register for each county's sale (and pay the registration fees) you will only be required to register your company or entity once with the site.  All registration info is retained for the following year(s)

Do I still need to remember my TSB numbers?
​Answer:  No, Iowa online sales no longer use TSB numbers.

Can I change my bid once the batch/auction has started
​Answer:  Yes, however you can only lower your bid, you can not raise or rescind your bid once the sale/batch begins.

Can I do bulk bids once the auction has started
​Answer:  No, bulk bids are only permitted while the auction is in "Prebid" status.

If I set my beginning bid at 100 and my lowest bid at 1 will I tie at the lowest bid submitted by my competitors?
​Answer:  Yes, all bids remain at 100% until a lower beginning bid is submitted.  1% is the lowest bid so, if multiple bidders select 1% as their low bid, those bidders will tie at 1% and the winner will be determined by random selection.

Will any emails go to bidders-example they have been out bid?
​Answer:   No, because of the "low bid" option.  We do not notify bidders when they are out bid.

How do I pay for parcels I won during the sale?
​Answer:  You will receive an invoice by email at the conclusion of the sale with a payment link.  You can also pull up your invoices on the "Auction" page by individual batch or pay all batches/auctions at the same time on this page.  (Pay all unpaid closed auctions link at the bottom of the page)

What happens if these parcels don't sell at auction?
​Answer:  Unsold parcels will be offered at each county's "Adjourned Sale"  (Please check with the county to find dates, times and locations)