BID, REVIEW, SKIP and the Max Bid

BidDeed's machine-learning model sorts properties into BID, REVIEW or SKIP. While the model is being validated, the verdict and the SIGNAL$ Max Bid are withheld on every plan and show as "Withheld - validation in progress". This page is how to read them once they are released — and how to build the number that matters more than all three yourself in the meantime.

The verdicts, plainly

• BID — the model finds the deal coherent: the price room between the likely opening bid and the exit value, the lien picture, and the property fundamentals all hold together. BID is a green light to do your homework, not an instruction to buy.
• REVIEW — something in the file needs human eyes: a data gap, a lien that needs a county call, an unusual plaintiff, a thin comp set. Most good deals spend time in REVIEW. Treat it as "promising, unfinished."
• SKIP — the model sees a structural problem: no margin at realistic numbers, a lien position that poisons the deal, a property whose exit does not cover the entry. Skip is a time-saver: the docket is long and your capital is finite.

The verdicts exist because nobody can hand-diligence a statewide docket. The model does the triage so your hours land on the lots that deserve them. What it never does is bid: BidDeed informs the human bidder — the paddle is always yours.

The number that decides everything: your max bid

Your max bid is your ceiling: the most you will pay, set before the sale. Build it from the exit backwards:

1. Exit value. What the property realistically sells for (or rents for) after you own it — from comps and condition, not hope.
2. Minus costs. Repairs, holding time, closing and resale costs, taxes, and title-curative work where the deed needs it.
3. Minus margin. Your required profit for the risk and the capital tied up.
4. What remains is the ceiling. Not the opening bid plus a stretch. Not "what it went for last time." The number the exit can pay for.

The SIGNAL$ Max Bid is BidDeed's own figure, and it is not a fixed formula or a percentage-of-value rule. It comes from a machine-learning model trained on prior auction results: the chance that a third party buys at the sale, and the price the sale is likely to clear at. On a foreclosure it also weighs the plaintiff's record: what its past sales brought, on the dollar, against the final judgment. Until the model passes validation it stays withheld, so for now the ceiling you bid with is the one you build.

Two rules make the ceiling real: it is fixed before the auction starts, and it never moves upward during the auction. Auction fever is the market's oldest tax — the max bid is the vaccine. Once released, the SIGNAL$ Max Bid is set before each sale and graded with an outcome scorecard afterward, which is the discipline in public.

Reading the verdict and the ceiling together

• BID + the sale price runs past the ceiling: you pass. The verdict was right; the room was wrong. There will be another docket next week.
• REVIEW + unresolved file: you do not bid what you have not resolved. REVIEW is a to-do list, not a yes.
• SKIP: believe it, or prove it wrong with specific evidence — never with enthusiasm.

BidDeed Academy is investor education for Florida foreclosure and tax deed auctions. It is not legal, financial, tax or investment advice, and it is not a title opinion or title insurance. Auction rules, deadlines and statutes change, and every property is different — verify what you read here against the county clerk, the official auction record and your own attorney or title professional before you bid. BidDeed.AI informs the human bidder; it never bids for you.