In Russia, hosted the first online auction of real estate

13.12.2010 16:50
In Russia, hosted the first online auction of real estate December 11, 2010 Company ALLTEK Development "held the first in Russian history online auction of real estate on an electronic platform BidontheCity.com. Bidding took place on 5 lots of 11 for a total of 205.7 million rubles. More on 2 sites under negotiation. To participate in Russia's first online auction of real estate have registered 57 people.

In November 2010 the company became the first and currently the sole licensee in Russia, international electronic auction house BidontheCity.com for sale, purchase and lease of real property located in the suburbs.

The auction was held live on 5th Avenue in Manhattan and was broadcast on the internet, TV and mobile communications. At the auction 11 lots were put up near Moscow real estate - homes and land in settlements with contract "Count for the forest" and "Earl ponds, located 20 kilometers from Moscow to Kiev highway, surrounded by 800 hectares of forests 300 years, the price of 24.5 million to 77 million rubles for the lot.

The total amount of lots for the starting price was 482.7 million rubles. Bidding took place on the Dutch system - for a fall. One of the lots traded without the price cutoff.

"Several major real estate players have already applied to our company, and offered to take part in the project. Due to the success of the first Russian on-line auction, we have decided to increase investment in the project and put an auction BidontheCity on a regular basis. Auction on Dec. 11 showed that it is - a new and effective channel of promotion and sale of real estate "- says Igor Goncharov, CEO ALLTEK Development.

BidontheCity.com - the world's first electronic platform for buying, selling and delivery of residential and commercial property for rent through the "live" online auctions. It was successfully launched in America during the financial crisis in 2009 with the sale of property located in the exclusive district of New York - Manhattan. After the first licenses were sold: the objects are located in areas of Hampton, and Westchester in New York, and at facilities located in Miami. Negotiations are underway for the sale of licenses in England and South Africa.

Auctions on near Moscow estate company plans to conduct a monthly basis. Applicants will be selected on the following criteria: legal clarity, financial security, quality of facility, the relevant price / quality ratio. "ALLTEK Development" is also exploring the possibility of selling exclusive licenses to conduct auctions in selected areas near Moscow.
www.zagorodna.com
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