Actually, people do buy houses on eBay, but unless you’re talking about a short sale or a flip, it won’t work. If you’re talking about an NEO, you’re not talking about a sale, and eBay doesn’t do rentals. You pay a fee based on your asking price, and another one for a selling price. That’s how they make their money. Bill drummed it into us that the price is set on the market value when the trust is terminated- maybe years down the road. Believe me, eBay WON’T wait for their money. They charge your bank account the listing fee as soon as you push the button “List Now.” They’ve got a different fee structure for vehicles, but they don’t get enough houses to bother with. Now, if you wanted to buy (or sell) 8 SFRs in Detroit for a total price of $32K, go there. It’s fun to read anyway!
I did see another site on eBay last night that might work for you. It’s similar to Craig’s List, but they also have discussion groups on it. See