Online Real Estate Auction Delivers Results

Online real estate auction website, www.FRE.com, launches second new home auction in Arizona after selling all homes in the first auction. Results prove that buyers are comfortable with purchasing real estate online and auctions are an effective way to sell homes in the current real estate market.

It's definitely a buyer's market. Quite frankly, these beautiful homes sold for much less than the seller wanted but Laughlin Ranch now has 17 happy new homeowners which is a plus. The market has spoken and our Freedom Realty Exchange auction marketing program did exactly what it is meant to do. It focused attention on the properties and brought serious buyers to the auction

Newport Beach, CA (PRWEB) June 12, 2007 -- Arizona home sales received a boost in March when Freedom Realty Exchange (FRE) held an online auction of new homes in the master-planned golf community of Laughlin Ranch located in Bullhead City. Now, FRE has launched a second online auction of new homes in Laughlin Ranch.

The current auction, like the first, offers new homes in the Laughlin Ranch gated communities of Copper Canyon, Silverado Pass and Black Mountain Estates. Each home is "move-in" ready, complete with top-grade appliances and landscaping. And like the previous auction, there are three fully furnished model homes that will be sold "absolute" meaning the property will go to the highest bidder regardless of price.

"It's definitely a buyer's market. Quite frankly, these beautiful homes sold for much less than the seller wanted but Laughlin Ranch now has 17 happy new homeowners which is a plus. The market has spoken and our Freedom Realty Exchange auction marketing program did exactly what it is meant to do. It focused attention on the properties and brought serious buyers to the auction", states Bill Lange, president, the LFC Group of Companies. "It was obvious that our buyers understood the online auction process and were very comfortable with purchasing real estate online."

Laughlin Ranch offers so much for the outdoor adventure seeker. Perfectly located near the Colorado River, Lake Mead, Lake Mohave and Lake Havasu, boating enthusiasts can enjoy tons of water fun, and all the homes have extra long garages for storage of boats, ATV's, and other recreational toys. The Laughlin Ranch Golf Course is an award-winning 18-hole golf course, voted America's Best New Golf Course by Golf Digest in 2005, and the community also boasts a luxurious day spa and salon, a fitness center and an excellent restaurant and bar.
Bullhead City is on the Arizona side of the Colorado River, directly across from the bright lights of the Laughlin casinos and a short drive from Las Vegas.

The Laughlin Ranch home auction consists of 15 new homes with low minimum bids. The bid deadline is July 12th. For more information about the properties and auction details, visit www.fre.com/148R6 or call the Auction Information Office at 928-754-6600.

Freedom Realty Exchange - part of the LFC Group of Companies
For over 30 years, the LFC Group of Companies has auction marketed thousands of residential and commercial properties with an aggregate value well in excess of $2 billion. Now, the company through the Freedom Realty Exchange offers a unique combination of Internet technology, experienced real estate and marketing professionals, and decades of auction knowledge to deliver successful online auction marketing for the sale of residential, ranch, acreage and estate properties to domestic and international markets.
www.fre.com/148R6

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