Online Auction of Vacant City-Owned Properties | City of Norfolk, Virginia

Dream, bid, build.

The City of Norfolk Vacant Property Online Auction offers interested property owners and developers the opportunity to invest in the City of Norfolk by purchasing and redeveloping city-owned properties.
Designed for transparency, fairness and efficiency, this new auction process aligns with the City’s housing priorities and goals to transform underutilized properties, increase economic inclusion, encourage and supporting wealth creation through home ownership and strengthening neighborhoods and communities.

GovDeals

The City of Norfolk vacant property auctions will be administered by GovDeals, an online auction service that specializes in liquidating surplus government property. GovDeals will collect a 5% administration fee which will be passed on to the buyer for each property.

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Spring 2022 Auction Dates

Phase 1: Property Listing Phase (April 22 – May 26)
Phase 2: Submission Period Phase (May 27 – June 2)

Phase 1: Property listing phase (approximately 30 days)
Real estate advertisements will be available on GovDeals.com/NorfolkRealEstate during about thirty (30) days before the auction.

To become a qualified online auction participant (a “Bidder”), the following steps must be completed by the Deadline:

  1. Register to bid on the online auction website at www.govdeals.com/register.
    • Must be completed by all new bidders
    • Follow all instructions to set up GovDeals account and passwords
    • Once registration is complete, interested parties will be able to participate in all city auctions in the future.
  2. Read the terms and conditions (coming soon).
  3. Complete the Norfolk General Auction Application (will be posted during the property listing phase)
    • Must be completed by all new bidders
    • Only needs to be submitted once
  4. Browse and review available properties during the property listing phase of approximately thirty (30) days.
    • Potential bidders are responsible for property research, inspections, questions and financial preparations during this property review period.
    • TIP: Visit NorfolkAIR to search property records, lot specifications, tax information, code enforcement and more.
  5. Complete the property application(s).
    • Bidders must submit this Norfolk Property Application for each property selected for auction (to be published during the property listing phase).
  6. Submission(s) of offer
    • 10% of the minimum bid amount indicated for each property
    • IMPORTANT: Bidders will not be permitted to bid on any auction until the GovDeals Account Registration, Norfolk General Bidder Application, Norfolk Ownership Application(s) and Bidder Deposit(s) are cleared. will not have been submitted by 12:00 p.m. local time on the last day of the property listing phase. .
    • Spring 2022 Auction Submission Deadline: Thursday, May 26, 2022 12:00 p.m. (noon) EDT

Phase 2: Submission period phase (7 days)
After the property registration phase, a seven (7) day bidding period opens. This is when the auction is live and all available properties are in active bidding.

You will NOT be able to successfully bid on a property until all Phase 1 steps are completed.

Automatic bidding: When placing a bid on a property, you will have the option to enable automatic bidding. Autobidding means that your bid will automatically be raised to outbid anyone who bids more than you up to the pre-set maximum bid amount.
IMPORTANT: If automatic bidding is not enabled, you will need to periodically check the status of your auction(s) during the auction period.

Further information

Coming:

Norfolk Vacant Property Auction Terms and Conditions

Frequently Asked Questions

Spring Auction of Properties by Neighborhood Video

“How to” video

Connect with the Real Estate Auctions Team

Phone: (757) 664-2470
Email: [email protected]
Sign up to receive auction updates and information

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