National Auctioneers Association Launches Real Estate Auction MLS - www.NAARealEstateAuctions.com

OVERLAND PARK, Kan.--(Business Wire)--The National Auctioneers Association, the world's largest
professional association representing the interests of Auctioneers,
recently launched a multiple listing service (MLS) designed
specifically for real estate auctions. As consumer interest in
auctions grows, consumers are turning to auctions to buy and sell real
estate. The newly launched website, www.naarealestateauctions.com,
provides consumers with up-to-date information on real estate auctions
taking place in their area. Consumers can utilize the website to view
residential, commercial, agricultural, and time share real estate
scheduled to be sold at auction.

"The creation of the NAA Real Estate Auction MLS provides
consumers with a convenient approach to researching upcoming
auctions," said NAA president Tommy Williams. "In addition to
traditional marketing campaigns promoting upcoming auctions,
auctioneers and their clients now have the ability to market their
sale to a larger audience of prospective bidders."

Residential real estate auction is the fastest growing segment of
the auction industry. Between 2003 and 2006, gross revenue of
residential real estate sold at auction has increased 39%. In 2006,
over $16 billion was sold in residential real estate. In addition to
residential real estate auctions, over $25 billion was sold in
land/agricultural real estate and $15 billion in commercial/industrial
real estate in 2006.

About the NAA

Headquartered in Overland Park, Kansas, the National Auctioneers
Association (NAA) represents the interests of approximately 6,000
auctioneers in the United States, Canada and across the world. Founded
in 1949, the mission of the NAA is to promote the auction method of
marketing and enhancing the professionalism of its members through
education and technology. In 2006, the auction industry grew by 7.1%
with over $257 billion in goods and services sold. To learn more about
Auctioneers, auctions and the NAA visit: www.auctioneers.org.

National Auctioneers Association
Chris Longly, 913-541-8084 ext. 31

Copyright Business Wire 2007