San Diego, California (PressExposure) June 19, 2009 -- After their groundbreaking live, online auction in Austin, iBidcondo is pleased to announce the latest addition to its Auction list: The Beat Condos at South Side in downtown Dallas, Texas. The premiere iBidcondo Auction, where a winning bid of $87,000 was placed for a $690,000 Star Riverside Unit in Austin, was the first in a series of upcoming ârecession busterâ auctions. Continuing to provide only the highest quality properties at remarkable prices, iBidcondo moves forward with the first auction of The Beat Condos set for Monday, May 27th, 2009.
âThe Beat Condos match perfectly with our iBidcondo audience. Our previous iBidcondo Auction leads me to believe that this is going to present another fantastic buying opportunity for iBidcondoâs marketâ states Eugene Marchese, founder of iBidcondo.
Developed by Matthews Southwest and CORGAN, The Beat Condos are exactly the type of property iBidcondo seeks to provide its buyers with. The first Beat Condo to be auctioned on Monday July 27th, 2009 is a 2 bedroom unit on the 4th floor, with a âretail priceâ of $280,000.00 â expected to sell for between $50,000 - $100,000. âOur ideal buyers are trendsetters, so iBidcondo is a perfect outlet for The Beat,â explains Jack Matthews, the developer of the project. Matthews continued âI truly see iBidcondo transforming the real estate market and weâre really excited to be a part of the future.â
The Beat is a ten-story concrete, steel and glass tower that has redefined Dallasâ Southside. Residents are offered breathtaking views of downtown Dallas from generous, private balconies. Expansive 10 and 12 foot ceilings, stainless steel appliances, walk-in closets, and European style custom cabinetry are only a few of the abundant luxurious finishes in this unit.
The winning bidders will enjoy a refreshing salt water pool with spa, poolside cabanas and a multiuse facility perfect for entertaining guests; controlled access entry and gated, garage parking will provide peace of mind.
âLive Large. Think Big.â Dallas is a thriving metropolis full of rich culture and diversity and is a perfect second location for iBidcondoâs trendsetting audience. Offering a myriad of culinary experiences, the nationâs largest urban arts district, an exciting entertainment and sports scene, and first-class shopping itâs no wonder why people are flocking to the fourth-largest metropolitan area in the United States. According to the U.S. Census, Dallas has experienced the largest population growth of any U.S. city and has a flourishing economy with more than $12 billion in urban development underway.
For more information on iBidcondo, to purchase a seat to an iBidcondo Auction, or to register as a charity partner visit http://www.ibidcondo.com.
About iBidcondo: A revolutionary new way to purchase property online, iBidcondo is the first registered website to host live, online auctions where luxury properties are sold with no minimum or reserve price and the net proceeds are donated to a registered charity of the winnerâs choice. Founded by Australian native; Eugene Marchese, iBidcondo will use the sale of the virtual seats to the online auction to cover the actual âcostâ of the property, leaving the âauction priceâ as proceeds for donation to a worthy charity. In order to bid, participants must have purchased a virtual seat to the online auction at an average price of $100. The first property sold was a $690,000 3 bedroom condo at Star Riverside in Austin, Texas, it sold for an incredible $86,840. iBidcondo will be auctioning off more condos at both Star Riverside in Austin and at The Beat in Dallas. iBidcondo has discovered a way to offer buyers and sellers a win/win situation and give back to the community all while creating an avenue to instill some much needed movement within the real estate market. To learn more visit http://www.ibidcondo.com or follow us on Twitter http://www.twitter.com/ibidcondo.
Contact: Megan Palmer, AMG PRWorks firstname.lastname@example.org 305.856.8004 x304