Freedom Realty Exchange Delivers another Successful Auction Campaign of Homes in Bullhead City, Arizona

Freedom Realty Exchange (www.FRE.com), a real estate auction website and part of the LFC Group of Companies, sells more resort-style homes in the gated communities of Laughlin Ranch and Talon Pointe in Bullhead City, Arizona. This online auction, which was the third and final closeout of inventory of homes in Laughlin Ranch, proved to be just as successful as the first two auction campaigns. In contrast to the declining housing market, Freedom Realty Exchange was able to attract over 45 qualified bidders to compete for the nineteen homes.

Newport Beach, CA (PRWEB) December 6, 2007 -- Freedom Realty Exchange (http://www.FRE.com), a real estate auction website and part of the LFC Group of Companies, sells more resort-style homes in the gated communities of Laughlin Ranch and Talon Pointe in Bullhead City (http://www.FRE.com/163R9), Arizona. This online auction, which was the third and final closeout of inventory of homes in Laughlin Ranch, proved to be just as successful as the first two auction campaigns. In contrast to the declining housing market, Freedom Realty Exchange was able to attract over 45 qualified bidders to compete for the nineteen homes. The intense bidding activity pushed the auction into "Last Call" for two weeks, extending the initial bid deadline day-by-day until no further bids were received.

"By the third time around, it became evident that people felt comfortable purchasing a new home via the Internet!" exclaims Bill Lange, President of the LFC Group of Companies. "Our approach, of auctioning the Seller's inventory of fifty plus homes in three separate campaigns, was successful because we didn't dissipate prospective buyers. We controlled the supply to meet the demand. All three auctions produced remarkable results, with the Seller disposing of their entire inventory at more than acceptable market prices."

For more information about Freedom Realty Exchange's online auction program, go to www.FRE.com.

###