NextLot's Software Brings Unparalleled Success to the Real Estate Market

RALEIGH, N.C., Sept. 27, 2011 /PRNewswire/ -- NextLot's intuitive online auction software is helping its clients sell real estate online more successfully than ever before. The company, which is known for its state-of-the-art online auction platform, is enabling real estate auctioneers to reach more bidders and obtain better results.

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In the past year, with a sell-thru rate of over 20%, NextLot has helped its clients sell $20 million dollars worth of real estate through online auctions. NextLot's easy-to-use, "best of breed" system makes it simple for auctioneers in the real estate industry to sell properties to bidders around the world while increasing final sale prices. The success of selling resort properties, luxury condos, and bank owned properties to remote bidders online has even the most traditional auctioneers taking notice. Auction firms, however, are not the only ones seeing the benefits of online auctions. Remote buyers have found bidding online to be an easy and fun way to purchase vacation and investment properties without leaving the comforts of their own home.

By offering online auctions through NextLot's timed and live webcast platforms, auction firms are proving that technology has the ability to bring successful results in an otherwise slow market. NextLot is dedicated to helping its clients become industry leaders and working diligently to increase and maintain the satisfaction of both clients and bidders.

About NextLot, Inc.: NextLot provides auctioneers with a fresh approach to online-timed and live webcast auctions by providing extremely easy to use, privately branded software for three main auction formats: Timed Auction, Webcast, and Pre-Bid. NextLot believes that auctioneers' most important assets are their buyers and that these assets should not have to be shared with their competitors on a public portal. NextLot users build brand loyalty while enjoying full control of their customer base, and avoiding exposure to competition. NextLot's ability to offer  "Best of Breed" products and work hand in hand with auctioneers has enabled NextLot to become a leading online software provider. For more information on NextLot, Inc and services offered please visit www.nextlot.com.

SOURCE NextLot, Inc.