RealtyBid.com, a leader in online real estate auction sales, is toting a newly updated and expanded Web site and a record-breaking 2006 sales record.
The site, which is mostly made up of bank-owned real estate listings, has implemented upgraded server technology to improve the site’s overall security and reliability. JR Zeringue, chief technology officer at RealtyBid.com, says the changes don’t stop there.

“We also took advantage of new technology to create a more visually pleasing user experience and executed a more scalable system, meaning that we were able to increase our system’s ability to handle growing amounts of work in a more graceful and efficient manner.”
A boom in business last year made the need for expanded online technology more palpable to executives at RealtyBid.com. Between 2005 and 2006, the organization increased the number of properties listed on its site by 53 percent and the number of properties actually sold by 57 percent.
“Our business grew phenomenally in 2006,” said RealtyBid.com CEO and President Tony Isbell. “For example, during the first six months of 2006, RealtyBid.com offered 1,930 properties for auction, and during the last six months of 2006, RealtyBid.com offered 3,792 properties for auction. With such positive growth, these latest upgrades to our site are essential in helping us further our commitment to offering our customers the latest state-of-the-art technology and exceptional customer service.”