RealtyBid.com, a provider of online home auctions, has been tapped to auction more than 2,000 properties during the month of October for one of the nation's top lenders.
According to Tony Isbell, RealtyBid.com CEO and president, this volume of properties represents an increase of more than three times the typical volume of real estate owned homes auctioned via RealtyBid.com for this particular bank client during a typical month.
‘This is a sign of what to expect for the remainder of this year and throughout 2009, as Wall Street, the financial markets and the U.S. government continue to deal with the glut of foreclosure real estate,’ Isbell says.
Source: RealtyBid
