Trademark Properties Liquidates America’s Real Estate Crisis with a Series of Fortunate Events

PR Newswire

 

CHARLESTON, S.C., Feb. 21– (PRNewswire) – In a bold move that shows courage, leadership, and vision, Richard C. Davis, noted real estate expert, has unleashed an aggressive assault on the gridlocked real estate economy in the United States. Davis founded nationally recognized Trademark Properties in 1991 on the heels of the Savings and Loan debacle that led to the creation of the Resolution Trust corporation (RTC), for the singular purpose of liquidating the billions of dollars of real estate in the late eighties and early nineties.

 

Davis, who created the hit series Flip This House and followed it up with The Real Deal/ Real Estate Pros, has unveiled his plan of action. He and his team are taking the show on the road with LIQUIDATION SENSATION, a series of real estate auctions intended to rid the market of the excess inventories of builders, financial institutions and other property owners who want to quickly convert their real estate into cash.

 

Banks, insurance companies and national builders all have excess inventories of real estate on the heels of the sub prime fiasco and the slow down of home sales in 2007. This series of sales events across the country is designed to put liquidity back into the local economies by exposing these assets to a much broader buying audience than previously possible, by combining the local physical auction with a real time simulcast to internet buyers who have cash and are looking to place it in real estate. These buyers are shrewd and "liquid." They understand that Liquidation Sensation is providing a great buying opportunity at the perfect time, in a real estate cycle for highly motivated sellers and opportunistic buyers to be brought together.

 

Davis estimates that 10% of all existing "for sale" properties would qualify for this type of quick conversion in today’s slower real estate market.

 

"This isn’t all things to all people, this is taking the excess inventories that are clogging the pipeline of a healthy Real Estate economy, so that buyers and sellers can come together to stimulate the market. Opportunistic Buyers have been waiting for the right time to buy," Davis says. "NOW is officially here, and LIQUIDATION SENSATION will be coming to a real estate market near you soon!"

 

SOURCE Trademark Properties Inc.