Realty Corporation of America Auction Services Division Announces  Successful Auction Sale of the Condominium Located at 27651 Lakeshore Blvd., Unit B8, in Euclid, Ohio

FOR IMMEDIATE RELEASE

CLEVELAND, Ohio – November 19th, 2008 -- Realty Corporation of America announced today the successful sale of the property located at 27651 Lakeshore Blvd., Unit B8, in Euclid, Ohio on Tuesday, November 18th at 6:00 PM Six registered Bidders were present and the winning bid was announced at 6:25 PM.
Absolute auctions require that the property will be sold to the highest bidder regardless of price.
This condo features one bedroom, one bath, central air and a maintenance free lifestyle!

“Due to our high success rate, Realty Corporation of America Auctions Services has seen explosive growth in our auction business” said Buddy Barton, Director of Auction Services for Realty Corporation of America.
“Our energetic marketing campaigns are delivering results in today's challenging marketplace. We are delighted that we just concluded another successful real estate auction.”

“Our auctions are delivering results for our clients! Auctions are the fastest and most efficient way of selling real estate. Auctions create urgency on the part of buyers - a date of the sale establishes a clear point at which a buyer must decide if they want to buy a property.
With traditional real estate listings, especially in soft real estate markets, there is less urgency on the part of buyers to make an immediate decision.   In addition, our energetic and property-specific marketing campaigns capture the attention of qualified buyers throughout America.
Finally, our flexible cost structure and willingness to entertain offers prior to the auction allows us to produce results for our clients” said Sarah Brewer, Director of Business Development for Realty Corporation of America.
With Corporate Headquarters in the Historic Superior Building in Downtown Cleveland, Realty Corporation of America provides comprehensive marketing, advisory and auction services for residential, commercial and industrial properties.
Transcontinental Lending Group, our affiliated mortgage operation, provides customers with access to the most competitive interest rates available on the market, while offering a wide array of innovative and compelling mortgage solutions.
Title Assurance and Indemnity Corporation of North America utilizes the latest technology and a fully integrated on-line order placement and order tracking system to perform title examinations, issue title insurance policies and offer world class escrow and closing services.
Our auction services division offers our clients the fastest and most efficient way of selling real estate. Our Property Management Division offers hands on, cost effective and highly energized management while allowing owners to position properties for sale or improve operating performance.
Our construction services division allows Realty Corporation of America to offer construction, project management and cost estimating services for residential, commercial and industrial properties throughout North America.
Additional information about Realty Corporation of America can be found online at  realtycorpofamerica.com