Released on: October 3, 2008, 12:10 am

Press Release Author: Marc Manieri

Industry: Financial

Press Release Summary: Residential real estate auctions have become the fastest
growing sector of the auction industry. The massive over-supply of condos has turned
metro regions throughout the U.S. into fertile ground for real estate auctions.


Press Release Body: Orlando, FL, October 03, 2008 -- Builders and developers
nationwide have found themselves in the same predicament as hundreds of thousands of
home sellers around the country: the need to sell quickly in a strong buyer's
market. Many are turning to real estate auctions as a vehicle to liquidate inventory
quickly.

As reported by RISMedia, a popular, well-respected real estate news and trends
company, downtown Atlanta's first ever auction occurred on June 22nd, 2008. One and
two bedroom condos/lofts sold quickly, in record fashion, at this very successful
event.

"Buyers were able to determine the fair market value of homes at Tribute Lofts,"
said Greg Wohl, partner of The InVision Group, the developer of Tribute Lofts. "This
resulted in amazing deals on high-end homes."

Reportedly, the program attracted more than 921 site tours in the three and a half
weeks prior to the real estate auction. Considering that many traditional real
estate open houses generate next to zero results in today's over-supplied real
estate climate, this statistic is of surprising proportions.

"Real estate auctions have become a viable solution to all categories of sellers,"
says Marc Manieri, President of Home Sales Specialists and founder of the FSBO Home
Auction Success System. "We're seeing builders, developers, realtors, investors and
now the average consumer leverage the 'urgency-generating' feature of auctions to
successfully sell property quickly and at a fair price."

With the right marketing strategy, and leveraging the auction process to create a
sense of urgency amongst buyers, real estate auctions can be very effective. Real
estate auction is the traditional selling method in much of Europe and throughout
all of Australia and New Zealand. Given the impressive results that downtown Atlanta
recently experienced, it is very apparent that real estate auction trends are likely
to steadily increase for sometime here in the U.S.

The FSBO Home Auction Success System can be found by visiting the Home Sales
Specialists website at http://www.30dayhomeauction.com

About Home Sales Specialists
Home Sales Specialists is a residential real estate solutions company for individual
home sellers that need or want to sell their home quickly and at a fair price.
Residential real estate investors have been using home auctions for years as a tool
to sell their properties quickly for maximum profit. Now this resource is available
to residential home sellers who can leverage this effective system to sell their
home quickly and at a fair price. Based in Orlando, FL, the company can be reached
at http://www.30dayhomeauction.com or by phone at 407-389-5104.
Press Release Submission By PressReleasePoint(http://www.pressreleasepoint.com)

Web Site: http://www.30dayhomeauction.com

Contact Details: Press Contact:
Marc Manieri
Home Sales Specialists
239 Timberlane Trace
Longwood, FL 32750
407-389-5104
marc@openingdoors.tv
http://www.30dayhomeauction.com