The disclosed technology provides systems and methods for processing, auctioning, and managing fractional ownerships in real estate assets. In one aspect, the disclosed technology accesses electronic information that specifies a real estate asset for sale. The electronic information specifies that ownership of the real estate asset includes a right to some or all income from the real estate asset. The disclosed technology also accesses electronic information that specifies one or more of bids for fractional ownership in the real estate asset. Each of the bids specifies a bid amount reflecting a purchase price to be paid for the fractional ownership and a corresponding bid yield associated with the bid amount. The disclosed technology selects one or more of the bids to form a sale transaction for the real estate asset and then stores an electronic record indicating that a fractional ownership in the real estate asset has been sold based on the selected bid(s).