A HISTORY OF INNOVATION
Combining 40+ Years of Real Estate Auction Experience & Innovation
LFC took the revolutionary step of using auction methodology to sell non-distressed commercial and residential properties.
Launched the Future of Real Estate (FRE.com)
A ground-breaking platform to transfer the complete real estate transaction online, enabling buyers to conduct due diligence, schedule tours, place earnest money deposits, as well as bid and close transactions. All done from the comfort of their home or office.
Media Prospect Tracking® system
MPTS delivers advanced metrics on each media placement’s capacity to drive traffic to the property webpage, taking the guesswork out of which item of marketing worked the best.
The platform went global!
Attracting buyers from around the world and successfully selling property in North and South America, Canada, Europe and the Middle East.
Last Call® technology developed to prevent “sniping"
No longer could a bid be placed in the last few seconds of the deadline to prevent another bidder from bidding. Last Call will extend the bidding for a predetermined period of time, providing a transparent and fair experience for all.
Universal Last Call® transforming new homes sales
Buyers can bid on any property in a grouping, and if a single property becomes too expensive, they can begin bidding on a less expensive property. All properties are available to buy until there are no bids placed on any property, providing a fair chance for all buyers to get their dream home and for the price they wish to pay. Developers reap the benefit of selling all available inventory on a definitive timeline, taking the guesswork out of which property the public perceives to have the most value.
REITbid.com – Providing liquidity to an illiquid market
The leading secondary market for non-traded public REIT shares.
AMP® – Accelerated Marketing Program
Provides brokerage companies and developers with their own proprietary URLs and branded websites; utilizing FRE’s online auction technology.
Auction Plus®
Offers an accelerated marketing alternative for properties that need more than the conventional auction format. With Auction Plus, the process is more flexible and allows buyers to include contingencies with their bid.
OVER 35 YEARS
OF WORLD CLASS SERVICE
Working hard to find buyers, presenting them with the necessary data, setting the environment for competitive bidding, and allowing informed buyers and sellers to agree to terms in a transparent marketplace.