Miami, FL (PRWEB) June 16, 2012
Real estate brokerage RealBidWinner.com, LLC announced the grand opening of its http://www.realbidwinner.com real estate auction website for both residential and commercial property.
Utilizing a custom designed, hybrid auction engine, properties on the website may be auctioned potentially for as low as $50.00. Visitors to the website can search and browse properties, view property details, photos and video at no cost. All users are required to register and pay a onetime $5.00 account setup fee prior to registering for their first auction.
Once the member finds a property that interests them, they may register for the auction by paying a low auction registration fee. For example, the auction registration fee for a property with an estimated market value of $100,000 is only $50.00.
Each auction will begin 24 hours after the auction reserve is met. Bidders only enter one (1) bid per click. Each bid is valued at $1.00. The auction winner is the last person to bid when the auction timer hits zero (0). Only the winning bidder pays the bid amount used to win the property.
Realbidwinner.com Senior Executive Melissa Porri states that the auction site was developed specifically to provide the opportunity of home ownership for all who have lost homes to foreclosure, sold underwater properties through a short sale or suffered a job loss. Porri when on to say that an auction winner on http://www.realbidwinner.com not only buys the property at a very affordable price they also walk away from the closing table with significant equity in the property. A winner of a $100,000 property is expected to realize over $95,000 in equity upon closing on the property. Porri closed her comments by say that “While the concept of this website may sound “too good to be true”, analysis of the business model clearly shows that our auction provides a Win – Win solution for both home buyers and sellers.”
Realbidwinner.com, LLC is a private company formed by a group of entrepreneurs with extensive real estate, finance and business experience who believe that the US housing market must be recreated to allow the dream of home ownership to be achievable for all.