Chinese Come to U.S. for Auction Training

Better Understanding of Auction Process Needed

to Participate in U.S. Market

May 13, 2009 - /FLIERWIRE/-- Washington, DC, May 13, 2009 The Institute for Auction Learning, exclusive provider of the Certified Auction Specialist® (CAS) designation program, has signed a contract to provide auction training for 460 Chinese real estate agents & potential buyers of U.S. properties. The primary focus of this training will be to detail the process and raise the awareness so that the attendee is better equipped to participate in auctions nationwide. The first group will depart for the U.S. from Beijing in late May for training commencing on June 1st. The group will be accompanied by 92 Chinese translators that will assist in bridging the communication barrier throughout training. "We are excited to gain knowledge about auctions from U.S. experts. Our recent U.S. buying efforts have not been very successful because we lacked understanding of the auction process. We believe that this is the first of many groups that we will send to the U.S. for this training", said Huang Bo, Director of Zhongtou Development.

About The Trainer
The Certified Auction Specialist® (CAS) designation program, is available exclusively through The Institute For Auction Learning, and is taught by Ms. Gloria LYNN Gardner, past Chair of the Auction Forum for the National Association of Realtors and Chief Auctioneer for Gramercy Auctions, a leading provider of auction solutions to REO sellers nationwide. Gardner is recognized as the leading "pro-broker" auctioneer after co-founding the Auction Department for the largest independently owned real estate firm in the nation in 1994 and she is considered to be the leader in bridging the gap between traditional real estate brokerage and auction. Since 1994 Gardner has conducted over 4300 real estate auction transactions. "We are honored to have been sought out to provide this training service to these real estate buyers and agents from China. It is refreshing to see a direct approach to this market. While many U.S. real estate professionals are turning a blind eye to auctions, this group understands that knowledge is power and they are determined to become educated on the U.S. processes", said Gardner.

About Institute For Auction Learning
The Institute For Auction Learning was founded in 2005 and is based in Washington, DC but conducts training nationwide. "At the conclusion of this course the attendee will not be trained to conduct the auctions as an auctioneer. Instead, they will have broadened their horizons and are prepared to cooperate with the auction method on the buying and selling side of any real estate transaction," said Gardner. For more information please visit http://www.auctionlearning.net/


About Gramercy Auctions
Gramercy Auctions is a proven leader in delivering rapid and efficient closing to sellers of Real Estate Owned (REO) properties nationwide. Using its proprietary pricing model, the Gramercy Price Index (GPI™) and a unique marketing technology, the Target Marketing Algorithm (TMA™), Gramercy Auctions brings the right bidders to the auction maximizing the final hammer price. In addition, Gramercy’s focus on on-site auctions and superior back-end processing ensures greater certainty of closings in a faster time frame, improving value creation. For more information please visit www.gramercyauctions.com

SOURCE:
The Institute for Auction Learning
http://www.auctionlearning.net/


CONTACT:
The Institute for Auction Learning
1101 Pennsylvania Ave., NW
Washington, DC 20036
877 668 6131