LFC Online Auction Bails Out California Builder

Published June 5th, 2008


Newport Beach, CA – The LFC Group of Companies, the country’s premier online real estate auction firm, delivers yet another successful auction marketing campaign, selling more than fifty new homes across three cities in the California Central Valley through an online auction on the Freedom Realty Exchange website (www.FRE.com/193R5)

More than 150 bidders from across the country competed for the homes, not in a stuffy, chaotic hotel ballroom or convention center, but from their own computers, placing nearly 500 bids throughout the online auction campaign. The flurry of bidding activity continued for fourteen days and nine hours, until bidding ceased in the wee hours of the morning bringing the online auction to a close. The winning bidders were thrilled with the incredible deals they received on their brand-new homes, and the current homeowners in the communities were happy to see their new neighbors moving into once-empty homes.

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