Published February 22, 2006

FOR IMMEDIATE RELEASE

Contact Information: USALANDSALE.COM, LLC (407)566-9797 Tammy Paulina, Vice President tammy@usalandsale.com

Real Estate Deals Abound in Houston on March 11, 2006

Houston, Texas will be the place to be for real estate investors small and large on Saturday, March 11, 2006 at 10:00 a.m. On this date, Celebration Florida based USALANDSALE.COM LLC will host its next National Real Estate Auction of vacant building lots, acreage, ranch land and development parcels from across Texas and the USA. The Houston Marriott North at Greenspoint will be the location where USALANDSALE.COM will offer for sale at auction over 130 properties. Many of the properties are located in Texas, but there are building lots and land located in Arizona, California, New Mexico, Florida as well as 13 other States. Parcels to be auctioned range in size from quarter acre lots to 640-acre sections. Many parcels come with Seller financing with as little as 25% down. Starting bids on many properties begin at only $1000. “Whether you are a first time buyer, or a savvy real estate investor, we have a property to suit your budget and your needs”, says Mark Goitein, President of USALANDSALE.COM LLC. “Our properties vary in size, location, and land use designation.” “Even if you never bought any real estate before, you will find you in fact can buy and enjoy the pride and financial rewards of real estate ownership by attending and participating in our auction”, continued Goitein. “So many of our buyers have never bought land before, and are amazed that for as little as $1000 they too can become real estate owners.” “Many of our customers write to tell us that they have resold their properties for ten to fifteen times their purchase price only months after they attended one of our auctions,” says Tammy Gerenscer, one of the Managers of USALANDSALE.COM LLC. “One of our recent buyers from New Jersey never bought real estate in the past but purchased seven parcels of land at a recent auction in Central Florida, and this person is now a full time real estate investor and a regular customer of USALANDSALE”, states David Waronker, one of the companies principals. USALANDSALE.COM buys thousands of parcels of land across the country in bulk. All land is offered for sale starting at rock bottom auction prices, many times at absolute auction. The company strives to allow its buyers to purchase land well below retail value, thus giving the successful bidders the opportunity to resell their purchases quickly and profitably. The four-year-old company prides itself in buying land free and clear of title defects, and warrants to the buyer each and every property it sells. USALANDSALE.COM LLC has perfect buyer feedback scores on all national real estate ratings boards, and has over 5000 regular customers who frequent its website daily. To preview the list of available properties and to learn more about the next and future USALANDSALE.COM auctions, visit the company website at http://www.usalandsale.com or call the Auction Hotline at 866-400-BIDS. Houston Land Auction Where Houston Marriott North at Greenspoint, 255 Sam Houston Parkway, Houston, TX 77060 When Saturday, March 11th, 2006. Registration begins at 8:00 a.m., auction at 10:00. Cost Admission for the auction is free. Bidders must bring $500 in cash or cash equivalent in order to bid. Payment The first $500 of every purchase must be paid in cash or cash equivalent. Cash equivalent means traveler’s check, money order, or cashier’s check. Any additional amounts due over and above the $500 may be paid with a personal check, business check, money order, traveler’s check or cashier’s check made payable to yourself. All major credit cards will also be accepted. Free land Free land drawings will take place every hour beginning at 10:00 AM. No registration required for the chance to win. Tips Before getting to the auction, find a piece of land you’re interested in by using USALANDSALE.COM’S web site http://www.usalandsale.com. Use the parcel number from the site to research the property. Decide how much you’re willing to spend on that piece of property and don’t bid above that amount.

Published January 9, 2006

Land rush

Auction companies grow revenue with live, online sales events.
Orlando Business Journal – January 6, 2006by Jill KruegerStaff Writer
Selling land by auction is becoming one of the hottest trends in real estate.

Consider: All types of land auction sales represented $48 billion in gross revenue in 2004, up 13.5 percent from $42.3 billion the previous year, according to the 6,000-member National Auctioneers Association in Overland, Kan.

In 2004, commercial and industrial real estate make up one of the fastest growing segments of live and online auctions. Those types of auctions rose 11 percent to $13.1 billion in 2004 from $11.8 billion in 2003. Residential real estate auctions climbed 14 percent to $13.1 billion from $11.5 billion the previous year.

Gross revenue from land and agricultural real estate auctions rose nearly 15 percent to $21.8 billion from $19 billion in 2003, the NAA says.

“The auction industry is increasing overall as baby boomers see real advantages,” says association spokesman Steve Baska.

Growing niche
In fact, a number of metro Orlando companies now are increasing their own land sales via live auctions, which are simulcast over the Internet.

Take Celebration-based USALandsale.com. The company’s sales grew 300 percent in 2005 over 2004 by selling 3,000 properties at live auctions and through its Web site, says founder David Waronker, who would not disclose the dollar figure of those sales.

And heavy equipment auctioneer Ritchie Bros. launched live real estate auctions in Canada and Tennessee based on clients’ requests, says Will McLemore, sales manager of the real estate auction division of Ritchie Bros. Auctioneers Inc., which has an Orlando auction site.

In the last two years, Ritchie Bros.’ land division grew to $100 million in sales, McLemore says.

In addition, Fred Johnson, area developer of QuikDrop’s 10 eBay drop-off stores in Central Florida, recently began running online ads for land auctions on behalf of his clients.

After starting with ads for high-demand residential land parcels, he is expanding the pilot program to include commercial real estate. “This is going to be a priority target over the next six months,” he says.

Baby boomers are the driving force in the growth of the industry, says the National Auctioneers Association’s Baska. “They like to choose this method as a quick and efficient way to dispose of property, from houses to automobiles,” he says.

To meet that demand, auction companies increased their marketing and advertising in 2004 by 7.7 percent to $2.8 billion, up from $2.6 billion a year earlier, the association says.

Pros, cons
While live and online auctions may offer a convenient, effective way to buy and sell land, there are both pros and cons to using them, Baska says.

Among the advantages: The seller sets a specific sale date and can set a minimum price.

This method works well for valuable and unusual properties that are less efficient to sell and harder to price, such as industrial, trophy ranches, mansions, properties with specific uses like mines and quarries, and waterfront and beachfront properties, he says.

Live and online auctions also reach more people.

For instance, eBay has 167 million active users, says QuikDrop’s Johnson: “There’s nowhere in the world where you can reach as many people.”

In comparison, local daily newspapers in a market the size of Orlando have just several hundred thousand subscribers, according to Orlando Business Journal research.

Online advertisements also cost substantially less, says Johnson. A regular newspaper ad for one day can cost as much as $6,000-$7,000 to reach a few hundred thousand people, he says. In comparison, the same land can be advertised online to 167 million people for 30 days for a mere $450.

Another advantage is that live and online auctions present an easy way to buy inexpensive land, say local experts. For example, 35-year-old Davenport resident Jackie Wilson bought 3 acres of vacant residential land in Putnam County on USALandsale.com for $2,400 and resold it for $7,000 on Bid4assets.com, another land auction site. “That land is probably worth even more now,” she says.

But live and online auctions aren’t without drawbacks, cautions Baska.

Among the disadvantages: A buyer can waste a lot of time going to a reserve auction, where the seller reserves the right to accept or reject the high bid; or one that requires a minimum bid that isn’t advertised.

In addition, many auction companies also charge a buyer’s premium — a percentage of the high bid — typically 5 percent-15 percent.

And certain commercial properties sell better using other alternatives. For instance, the sealed-bid process — which sets a time frame for a sale but doesn’t set an asking price — works well when a commercial property has multiple potential uses, says Matthew Messier, senior vice president of Trammell Crow Co.

He put this method to use in the sale of North Baptist Church on 17-92 to Lake Highland Preparatory School for a new middle school. Says Messier, “Their use determined they could pay the highest bid for the property.”

More growth expected
Despite any disadvantages, the National Auctioneers Association expects continued growth in 2006 for live and online auctions, Baska says.

With that in mind, local auction companies intend to capitalize on that growth.

Johnson, for instance, plans to roll out land ads to his other QuikDrop locations in metro Orlando and southeast Florida.

USALandsale.com opened a Scottsdale, Ariz., office in 2005 to meet West Coast demand.

And Ritchie Bros. is considering launching land auctions in Florida and other parts of the United States where it makes sense, says McLemore.

After all, says Johnson, given Florida’s growing population –18.87 million by 2009 — “The market potential is astronomical.

August 10th, 2005
CELEBRATION, FLORIDA

On Saturday, August 13, Central Florida will get the opportunity to buy a piece of the American Dream, as Celebration, Florida based USALANDSALE.COM will hold a gigantic real estate auction offering over 200 building lots and land from Florida and across the United States at absolute auction from the Omni at Champions Gate Resort.

USALANDSALE.COM, founded in 1999 by Celebration resident and Florida Seals Professional Ice Hockey team owner David Waronker, is a real estate land bank which acquires land from across the USA, and abroad, and offers both first time and the most experienced real estate investors the opportunity to buy these unique building lots and land at auction prices. USALANDSALE.COM owns thousands of parcels of acreage, from ¼ up to full 640 acre sections of land and offers those same properties to all real estate investors via its internet site http://www.usalandsale.com. The August 13 event, expected to attract hundreds of investors large and small, will be unique to Central Florida, as it will be the first time in history that this area has had such a unique opportunity to jump on the real estate band wagon.

“I started USALANDSALE for the sole purpose to make real estate ownership and investment simple, affordable, and more than just a dream for everybody”, says founder David Waronker. “Most people will never get the chance to own real estate, and invest in their family’s future. Most people do not realize that with virtually no money down, they can truly buy real estate at below market rate pricing with built in, guaranteed, affordable financing. And, most people just think they will never be the lucky person to get a great deal on real estate. And that is a horrible shame. If you ever wished to invest in real estate but thought you could not, or did not have the money to spend, and if you never thought real estate ownership would be a possibility, you absolutely must attend our upcoming auction and see for yourself how quick and easy it is to buy”, continues Waronker.

Mark Goitein, USALANDSALE.COM President, goes on to state “Literally, for the price of an inexpensive weekend at the beach, you can go home with a fabulous building lot from Florida or from virtually any region of the country. All lots are free and clear of liens, and are title insured. People do not realize that we can offer building lots in Florida for under $10,000, or land at only a few hundred dollars per acre elsewhere, but that is exactly what we do and that is exactly what will happen on Saturday.” Continues Goitein with a smile and with unselfish price, “We are most happy when we hear time and time again from our customers how easy it was for them to buy land from us, and, their excitement and amazement at how quickly they resold their land for prices of three, four, and up to ten times the price they bought the land from us only months earlier, they are the best stories and these people become our numerous repeat customers.”

Tammy Paulina has worked for USALANDSALE.COM since the company’s inception, and she has seen hundreds of USALANDSALE investors buy and sell their real estate at large profit through the company, and herself has become a frequent investor in real estate. “I helped so many people close their real estate purchases, and saw how easy it was for the buyers to buy, close, and quickly resell their property that realized that I was missing the boat. I bought my first USALANDSALE property two years ago and now my family and friends are all doing the same. I know it is hard to believe that with only a few hundred dollars you are on your way to owning real property, but it is true”, say Paulina.
Jackie Wilson moved from New Jersey to Florida three years ago with virtually no money in the bank, and wisely bought her first property through USALANDSALE last year. Now at 33 years old she quit her job and makes a living buying and selling real estate through USALANDSALE, and through other real estate companies. “I never thought I could afford to invest in real estate, but I have been buying and selling USALANDSALE assets from Putnam County, Florida, and am making enough money to stop working for someone else full time. I took the summer off, built a new backyard pool, and am enjoying working when I want and for myself. I will be at Saturday’s auction”, says Wilson.

Saturday’s auction will offer approximately 75 residential building lots and land throughout Florida, as well as about 130 lots and large acreage parcels from Maine, New Mexico, Arkansas, Texas, Utah, Pennsylvania, Texas, Arizona, North Dakota, Michigan, Illinois, Oklahoma, Colorado, and California. Many parcels will either come with affordable no income or asset verification financing, with approval given on the spot. All parcels are available to the high bidder with the opportunity to arrange a title insured closing, and all properties sold for in excess of $10,000 offer guaranteed buyer financing. A special side auction on several premier assets will offer 53 larger properties with built in seller financing, but even these parcels will have an opening bid of $1. All parcels will be sold at absolute auction.

In anticipation of a larger crowd, Saturday’s auction is being held in the large ballroom at the Omni Champions Gate, and USALANDSALE is bringing on triple its normal staff so that they can quickly handle the needs of all bidders. There will be free land drawings every hour, with no registration needed for the chance to win. There will be several door prizes, food, beverage, and for those traveling from out of the area, the Omni is offering special hotel rates for USALANDSALE.COM auction bidders. Registration starts at 8:00AM, and the auction will start promptly at 9:30AM.. Bidders must bring $500 in cash or in guaranteed funds in order to bid. USALANDSALE COM also accepts credit card payments. Information bidder packages and property descriptions, as well as directions to the Omni Hotel are available at the company website, or by calling 407-566-9797.