Bid4Assets, an online real estate auction company headquartered in Silver Spring, Maryland, has added a financial calculator to its selection of online resources to help bidders determine the investment potential of residential properties for sale on its site.

The browser-based tool, eRealAnalyzer, is provided by eRealInvestor, Inc., and is free for buyers to use on Bid4Assets Web site to assess potential returns on assets for auction.

Bid4Assets says that despite the relative sluggishness of today’s real estate market, there are many active types of real estate buyers looking for deals, from “all cash buyers” looking to resell or rent out properties, to first-time buyers fearful of making a financial misstep in today’s uncertain environment.

Whatever the purchasing situation, the auction company says it can be extremely time-consuming and complicated for a bidder to accurately calculate a property’s potential to meet their financial needs. eRealAnalyzer brings together data from multiple sources so a bidder can quickly determine if a property meets their individual goals, Bid4Assets explained.

“Our solution is particularly valuable in today’s environment, as new types of buyers and sellers, with different motivations, have emerged over the past twenty-four months,” said Mike Genstil, founder and CEO of eRealInvestor. “They must consider as many factors as possible as they evaluate transactions relative to their personal financial needs.”

According to Bid4Assets, sellers who list property on the company’s auction site also benefit from the availability of eRealAnalyzer, which can boost bidder confidence and in turn, result in more bids and a higher selling price.

“We continuously search for best-of-breed resources to integrate into our auction platform,” said Matt Baker CEO of Bid4Assets. “With just a few simple keystrokes, eRealAnalyzer will instantly help our bidders evaluate the financial potential of our online auctions. We know their comfort in making bidding decisions goes up with more information and we are going to help take a lot of the guesswork out of the process for them.”