Arizona Homes on the "Virtual" Auction Block.

NEWPORT BEACH, Calif. -- The real estate market in Bullhead City, Arizona, has been relatively quiet like most markets. That is until the Freedom Realty Exchange created a buyer's frenzy with their auction marketing campaign of 15 new homes in the master-planned golf community of Laughlin Ranch. Since the launch of the campaign three weeks ago, over 3500 people have expressed interest in the real estate auction, and hundreds are registered bidders.

Freedom Realty Exchange's innovative online method is pioneering the real estate auction industry with a fair and transparent bidding process conducted completely on their website.

"The convenience of an online auction is that it allows serious buyers the opportunity to participate in an auction, wherever they may be," states Bill Lange, president, the LFC Group of Companies. "There really is no entry barrier for a buyer wanting to purchase property and there is a comfort level, too because of the familiarity with online auctions due to websites like eBay being a part of our everyday life," continues Lange.

This exciting auction of the 15 new homes in Laughlin Ranch includes three fully furnished model homes being sold in an absolute auction to the highest bidder, regardless of price. Bidding started at $1 and already a flurry of online bidding has begun. This real estate auction presents buyers wanting a new home or a second home, the chance of purchasing property at a great price. The bid deadline is March 15, 2007, and prospective buyers are encouraged to visit the website and register to bid.

Laughlin Ranch offers so much for the outdoor adventure seeker. Perfectly located near the Colorado River, Lake Mead, Lake Mohave and Lake Havasu, boating enthusiasts can enjoy tons of water fun, and all the homes have extra long garages for storage of boats, ATVs, RVs, and other recreational toys. The Laughlin Ranch Golf Course is an award-winning 18-hole golf course, voted America's Best New Golf Course by Golf Digest in 2005, and the community also boasts a luxurious day spa and salon, a fitness center and an excellent restaurant and bar. Bullhead City is on the Arizona side of the Colorado River, directly across from the bright lights of the Laughlin casinos and a short drive from Las Vegas.

For more information about the properties, auction details, and to register visit www.fre.com/132R2.

Freedom Realty Exchange - part of the LFC Group of Companies

For over 30 years, the LFC Group of Companies has auction marketed thousands of residential and commercial properties with an aggregate value well in excess of $2 billion. Now, the company through the Freedom Realty Exchange offers a unique combination of Internet technology, experienced real estate and marketing professionals, and decades of auction knowledge to deliver successful online auction marketing for the sale of residential, ranch, acreage and estate properties to domestic and international markets.

www.fre.com/132R2