FOR IMMEDIATE RELEASE

CLEVELAND, Ohio – August 25th, 2009 -- Realty Corporation of America announced today the success sale of the property located at 17825 Harland Avenue in Cleveland, Ohio. The property sold at auction on August 20^th at approximately 6:15PM. This tastefully updated two family property features two bedrooms and a fireplace in each unit, large living and dining rooms with built-ins and leaded glass and is located off Lakeshore Blvd. in the Collinwood Community. This move in ready property boasts gleaming hardwood floors, newer windows, newer roof, plenty of off street parking and a two car garage.

“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 Buddy Barton, Lead Auctioneer for Realty Corporation of America.

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. 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.

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