Real Estate Investing Enters the 21st Century via a New Online Auction Site

St. Louis, MO (PRWeb) March 20, 2007 -- With the recent launch of REIAuctions.com, real estate investors across the U.S. now have a powerful new system to buy and sell investment deals. They can say good-bye to common industry irritants and welcome a valuable tool that saves time and money by enabling quick, convenient, and profitable transactions.

REIAuctions.com is a web based auction tool focused on the needs of today's real estate investors. Investors need equal access to the best deals on the market. Investors need to get their "as-is" or rental deals in front of as many investors as possible. Real estate agents need a quick way to unload "as-is" properties. REIAuctions.com is the solution.

"The many benefits of buying and selling real estate at auction are no secret," says Tom Wood co-creator of REIAuctions.com. "From convenience to increased visibility the enthusiasm surrounding auctions is contagious. Real estate auctions typically attract a good deal of attention especially when properties boast low starting bids. Online auctions are also extremely easy to participate in as formal offers are not required, simply a bid submission."

Sellers and real estate agents benefit from REIAuctions.com's automated system as well. They're able to market their property to an extensive audience of investors and don't have to contend with the labor-intensive process of reviewing offers and counters from multiple interested buyers. It's all automated. For those that view profit as everything you can't beat REIAuctions.com's unlimited listing option. For a low monthly fee, an unlimited number of auction listings can be posted.

REIAuctions.com's distinctive auto-extend feature is a no lose addition to the traditional auction setting. This option, included on all auctions, allows bidding to remain open beyond a auctions planned closing until bidding has ceased for 5 minutes. This benefits the seller by assuring they receive absolute top dollar for their property. It also allows buyers the last minute option to increase their bid in the event the property is selling just above their initial cap.

Visit http://www.REIAuctions.com/info or contact Tom Wood directly at (877) 234-6706 for details on how you can benefit from this new age real estate investing tool.

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