Empowers Realtors, Auctioneers, and the Public

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Just 3 months after its launch, has over 1000 members and has become a place where auctioneers, realtors, and the public openly discuss all issues related to the auction industry.

Three (3) months into launching, a free forum for the auction industry, the site has over 1000 members and has hosted over 1700 posts, according to Richard Romanus, President and CEO of, Inc. launched the online community in August to address the communication gap between auctioneers, realtors, and the public. Romanus has worked with the auction industry since 1993 and noted the need for an open forum in which the public, realtors, and auctioneers could have open discussions about all issues related to the auction industry.

Romanus said, "Traditionally, auctioneer forums have only allowed auctioneers to participate. This online community bridges the gap between auctioneers, realtors and the public."

So far, has hosted a wide array of topics ranging from Collectibles to Real Estate, Appraisals, and Online Auctioning. "The forum is doing exactly what we wanted it to do," says Romanus. "Auctioneers and realtors are exchanging tremendous amounts of information and individuals are getting answers to questions they have about the auction industry so they can get involved. continues to grow quickly, evidencing that it is successfully giving the public a place to find out more about one of the oldest methods of achieving fair market values for both buyer and seller."

The launch of has proven timely, as the auction industry continues to see projected growth for 2007. Buyers and sellers alike are moving toward auctioning, with increasingly convenient methods of buying online and marketing and selling in-person and online. One of the most notable increases has been among Real Estate auctions. In 2006, the auction industry grossed $257.2 billion, with Real Estate auctions seeing the most significant increase over 2005. In 2006, Real Estate auctions brought in $16 billion. has been graced with the expertise of numerous auction and real estate professionals. Tony Fountain, Principal and Founder of Fountain Auction Academy in Sydney, Australia, and author of The Complete Guide to Selling Real Estate by Auction, has posted many entertaining topics, including one in which he discusses the number of properties sold by auction in Australia and theorizes the growth of the auction method in the United States. Also active are members like Rich Ranft, President of Beloit Auction & Realty, Chris Rasmus of R.L. Rasmus Auctioneers, and Walt Kolenda, a professional auctioneer who recently opened a free antiques appraisal site online.

Romanus said, "The transformation of communication has been exciting. We are seeing discussions on the value of Barbies at auction and auctioneers and realtors opening up topics on how to work together to best facilitate the auction process for the buyer and seller. Folks are having a lot of fun." The site also provides a great snapshot of the variety of interests in the auction industry, while appealing to professional auctioneers and realtors, as well as buyers who are new to the idea of taking advantage of the many products being sold at auction.

The range of topics available to members of is open and adaptable to demand. Aaron McGrady, Software Developer at, has decided to open MailBag, an email-based technical question and answer service for auctioneers, to "People are posting questions on that I have answered in other sites. This is where people are going to get information and I want to make sure they have access to the answers they need in a format they enjoy." At, knowledge is power and sharing knowledge is paramount.

The announcement of the auction community followed the new product announcements already made by during their "Best Affordable Technology and Marketing" seminar at the 58th annual National Auctioneers Association Conference and Show in San Diego in July. "We're very happy to see the community serving its purpose in the industry and we are excited by its continued growth," said Romanus.

For more information and to become a member of, visit

Published by a division of and the

Contact Information:, Inc.
P.O. Box 20038
Cave Spring Professional Center
3241 Electric Road, Building D Suite 2-B
Roanoke, Va. 24018.
Phone: 540-206-3311
Fax: 877-644-4571 (toll-free)
Fax: 877-644-4571 (toll-free)

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