Online Real Estate Auction

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Boca Raton, Fla. — June 15, 2010 — Foreclosure.com today announced that it has added another dynamic training program to the agent-focused certification opportunities that it offers through The Agent University.

The REDC Certified Auction Agent program will help agents — and their buyers — capitalize on the many foreclosed home auctions held by Real Estate Disposition, LLC (REDC) each year. In fact, REDC — one of the most reputable and successful real estate auction companies in the nation — is on pace to hold more than 500 events throughout the United States in 2010 alone.

“Certified REDC auction agents will promote confidence among their buyers that they understand the auction process and know how to get the best deals possible,” says Foreclosure.com Director of Education, Linda Yates. “It’s a strategic move that agents and brokers need to add to their businesses — the potential is off the charts.”

In addition to being the leading real estate auction marketing firm in the country, the REDC group of companies also provides real estate brokerage services, asset management and short sale facilitation. The company has established a dominant position in its industry by selling more than $6 billion in real estate assets at auction in 2008 and 2009 alone.

“This certification is yet another tool that REDC provides agents to be successful in the ever-changing distressed real estate market,” says Dave Lee, REDC Senior Vice President of Client Services. “It’s a fantastic way for them to catch and ride this default tidal wave for as long as it lasts.”

Interested agents need to successfully complete a comprehensive, one-time online educational course to earn their REDC certifications.

For more information regarding the REDC Certified Auction Agent program please visit http://redc.theagentuniversity.com or call us at (866) 382-4445.

Whether it’s online or at a live ballroom mega-auction, REDC Certified Auction Agents will understand how to place successful bids for the benefit of their buyers and earn commissions in the process.

Other REDC Certified Auction Agent benefits include:

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Real estate auction sales have climbed 10 percent year-over-year since 2000, according to CNNMoney.com report, and the numbers continue to rise (14 percent in the first quarter of 2010) as the housing inventory keeps piling up.

It’s a billion dollar business … $17 billion in 2007 alone, to be precise. And that figure, too, will likely rise soon if it hasn’t already.

That’s because auctioneers are holding two or more auctions per day throughout the nation to keep pace. REDC, which is among the biggest companies in the real estate auction space, is on pace to exceed 520 such sales in 2010 — a 50 percent increase compared to just last year.

What’s the reason for the staggering across-the-board increases?

Les Christie explains:

“The biggest auction advantage is speed, of course: From first marketing to closing can be less than 10 weeks … There is such a huge volume of REOs on the market — 92,000 homes were seized in April alone — that banks are anxious to turn the properties over quickly. Rather than waiting for the local housing market, they turn to auctioneers.”

To check out the homes for sale at upcoming foreclosure auctions near you click here (REDC) and here (RealtyBid).

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Another city, more happy homeowners.

REDC — one of the nation’s most reputable and successful real estate auction companies — unloaded more than three dozen homes this weekend at a foreclosure auction in Golden, Colo., according to CBS4Denver.com.

All in a day’s work for the auctioneer, which is among the best at getting distressed homes off the market and occupied at a remarkable rate, selling more than 13,000 properties so far this year worth about $675 million.

Impressive to say the least … and we’re not even at the half-way point of 2010.

It’s an efficient process that gets families into homes, eliminates vacancies and takes a financial burden off banks.

So it’s not surprising that all parties — and communities — embrace REDC wherever and whenever it rolls into a new town, says company spokesperson Brad Fields:

“It’s taking a process that is traditionally a little slower and being able to very quickly get buyers into the property and revitalize those neighborhoods and create homes. It’s a little bit different of a process, but one that buyers shouldn’t be afraid of.”

REDC allows buyers and/or their representatives to place bids in-person or online. The process is safe, easy, and compliant with all legal regulations.

To check out the homes for sale at the upcoming foreclosure auctions, as well as to see when REDC will be coming to a city near you, click here.

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Get ready Missouri, Ohio, Utah and Wisconsin deal seekers:

RealtyBid.com, which has sold more than 25,000 foreclosed homes to investors throughout the nation in recent years, has more than 400 bank-owned properties hitting the auction block from Jan. 22 to Feb. 2, 2010.

It’s a 12-day super sale with inventory from one major lender. These properties MUST be sold!

Check out what’s available (For complete details click here):

It’s a 12-day super sale with inventory from one major lender that has RealtyBid.com Executive Vice President Mike Keracher very excited for homebuyers/investors in the area.

Here’s a snip:

“As always, we have discount properties from around the country available on our website. However, one specific lender we are working with has supplied us with dozens of Ohio, Utah, Wisconsin and Missouri foreclosures to auction. This is a banner opportunity to buy homes in these states at unbelievable prices.”

All inventory will be auctioned at the lowest possible prices.

Remember that you have to submit your bids online. So head over to RealtyBid.com right now and familiarize yourself with the bidding process while you zero-in on the property that’s right for you.

Bidding is safe, easy, and compliant with all legal regulations. And you don’t have to be an experienced real estate expert to purchase a property.

To check out the homes for sale at the upcoming foreclosure auctions in Missouri, Ohio, Utah and Wisconsin, as well as to see when RealtyBid.com will auction homes in your area, click here.

Good luck!

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(To read the actual article be sure to head over to WJZ.com.)

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