RealtyBid.com Named America’s #1 Real Estate Team by The Wall Street Journal, REAL Trends and Lore Magazine

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RAINBOW CITY, Ala., Nov. 15 /PRNewswire/ — RealtyBid.com has been named America’s top real estate team in transaction sides by The Wall Street Journal, REAL Trends and Lore Magazine. Because of the honor, Tony Isbell, broker and CEO/president of RealtyBid.com, is now a member of “The Real Estate Top 200,” a prestigious national ranking sponsored annually by the three respected publications.

The Real Estate Top 200 rankings were announced this month at the National Association of Realtors’ (NAR) Annual Conference & Expo in Las Vegas at a gala awards presentation and dinner. The Real Estate Top 200 honored the top 50 residential agents and agent teams in four categories:
    — Individual Sales Professionals – Sales Volume
    — Individual Sales Professionals – Transaction Sides (in each real estate
       transaction, there are two sides that can be represented by a real
       estate agent: a buyer's and a seller's)
    — Team Professionals – Sales Volume
    — Team Professionals – Transaction Sides
According to The Real Estate Top 200, RealtyBid.com had transaction sides totaling 1,603 in 2006, ranking the real estate team and online real estate auction site first in the nation. The RealtyBid.com team ranked sixth in team transaction sides in 2005.

RealtyBid.com is a pioneering online real estate auction website that provides discounted prices to real estate buyers and accelerated marketing programs to sellers, real estate agents, builders and financial institutions. Founded in 2001 by Isbell and Executive Vice President Mike Keracher, the RealtyBid.com team has sold more than 10,000 properties in every state and internationally.

Isbell said he is extremely proud of the RealtyBid.com team. “Because the concept behind RealtyBid.com is cutting edge, we have had to work hard to let industry professionals know we are a professional partner, not a replacement to them or the conventional real estate system.”

Isbell told Lore Magazine, “There's always opportunity in the market for someone who wants to sell a home now. When you need to sell a house fast, we provide that opportunity.”

Capitalizing on those opportunities, RealtyBid.com has seen phenomenal growth. For example, during 2007’s third quarter, RealtyBid.com posted record numbers in both home auction inventory and sales. “Our third quarter saw the largest number of homes that have ever been offered for auction on our website, a more than 136 percent increase over the third quarter of 2006, and the number of homes sold via RealtyBid.com's online real estate auction platform increased by 145 percent over the third quarter of 2006,” Isbell said.

Anne Randolph, publisher of Lore Magazine said, “Becoming a member of The Real Estate Top 200 is no small feat, considering these accomplished professionals are competing against more than one million real estate agents nationwide. It is an elite group, and this national recognition is our way of saluting the hard work and accomplishments of America's top real estate agents and teams like Tony Isbell and RealtyBid.com.”

Isbell concluded, “This is an exciting time for our company. We have been able to help agents, financial institutions, builders and other sellers more effectively market their properties during this difficult real estate market while still offering unbelievable home bargains to our bidders. We have become a valuable utility in today's real estate marketplace.”

The Real Estate Top 200 awards program was developed jointly by The Wall Street Journal's Business Development Group; REAL Trends, a leading source of analysis and information for the residential real estate brokerage industry; and Lore Magazine, the “people” magazine for the industry.

SOURCE RealtyBid.com

© 2007 PR Newswire. All Rights Reserved.

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