FOR IMMEDIATE RELEASE

CLEVELAND, Ohio – April 3^rd, 2009 -- Realty Corporation of America announced today that it has scheduled an auction of twenty two properties in the cities of Cleveland, Cleveland Heights, Shaker Heights and Maple Heights. Eight of these auctions will be absolute and sold to the highest bidder regardless of price and the rest will be sold with reserve. All properties may be viewed by appointment, or at any of the open house dates listed for each property.

The following properties will be auctioned on Saturday, June 6^th at 12:00 PM at The Cleveland Industrial Innovation Center located at 17000 St. Clair Avenue, Cleveland, OH 44110. Registration will begin at 11:00 AM.

1. 935 Greyton, Cleveland Heights

2. 3388 Altamont, Cleveland Heights – Open House schedule: Saturday, May 9^th and Sunday, May 10^th 1-3PM, Saturday, May 23^rd and Sunday, May 24^th 1-3 PM and the home will be open two hours before the auction and by appointment

3. 3341 Cedarbrook, Cleveland Heights – Open House schedule: Saturday, May 9^th and Sunday, May 10^th 1-3PM, Saturday, May 23^rd and Sunday, May 24^th 1-3 PM and the home will be open two hours before the auction and by appointment

4. 3645 Pennington, Shaker Heights

5. 3609 Normandy, Shake Heights

6. 5607 Lafayette, Maple Heights

7. 5090 Greenhurst, Maple Heights

8. 853 E 143^rd, Cleveland

9. 19120 Firwood, Cleveland

10. 3710 Sudbury, Shaker Heights

The following properties will be auctioned on Saturday, June 13^th on site:

1. 881 Nela View, Cleveland Heights at 11:00 AM – registration will begin at 10:00 AM

2. 942 Whitby, Cleveland Heights at 12:00 PM – registration will begin at 11:00 AM

3. 948 Selwyn, Cleveland Heights at 1:00 PM – registration will begin at 12:00 PM

4. 986 Pembrook, Cleveland Heights at 2:00 PM – registration will begin at 1:00 PM

5. 873 Clarence, Cleveland Heights at 3:00 PM – registration will begin at 2:00 PM

The properties will be open for preview on the following days:

• Saturday, April 18^th and Sunday, April 19^th 1-3PM

• Saturday, April 25^th and Sunday, April 26^th 1-3PM

• Saturday, May 9^th and Sunday, May 10^th 1-3PM

• Saturday, May 23^rd and Sunday, May 24^th 1-3 PM

• Saturday June 6^th and Sunday, June 7^th 1-3PM

• Each home will be open two hours before the auction and by appointment

The following properties will be auctioned on Saturday, June 20^th at 12:00 PM at The Cleveland Industrial Innovation Center located at 17000 St. Clair Avenue, Cleveland, OH 44110. Registration will begin at 11:00 AM.

1. 19007 Chickasaw, Cleveland

2. 1386 E 185^th, Cleveland

3. 891 Yellowstone, Cleveland Heights

4. 907 Yellowstone, Cleveland Heights

5. 2460 Noble, Cleveland Heights

6. 908 Greyton, Cleveland Heights

7. 3346 Lownesdale, Cleveland Heights

8. 898 Caledonia, Cleveland Heights – Open House schedule: Saturday, May 9^th and Sunday, May 10^th 1-3PM, Saturday, May 23^rd and Sunday, May 24^th 1-3 PM, Saturday June 6^th and Sunday, June 7^th 1-3PM and each home will be open two hours before the auction and by appointment

To learn more about real estate or personal property auctions, kindly visit our website, www.realtycorpofamerica.com.

“Realty Corporation of America Auctions Services has seen explosive growth in our auction business” said Tony Viola, President of Realty Corporation of America. “We are launching our energetic marketing campaigns and looking forward to another successful real estate auction."

Realty Corporation of America also announced today that a comprehensive bidder package is available to anyone interested in receiving a copy. To learn more about this property, or to obtain a bidder packet, kindly contact the Realty Corporation of America Auction Information Center at (216) 522-0020 x 235. Additional information about the home and real estate auctions is available on the web at www.realtycorpofamerica.com.

“Our auctions are delivering results for our clients! Auctions are the fastest and most efficient way of selling real estate. Auctions create urgency on the part of buyers - a date of the sale establishes a clear point at which a buyer must decide if they want to buy a property. With traditional real estate listings, especially in soft real estate markets, there is less urgency on the part of buyers to make an immediate decision. In addition, our energetic and property-specific marketing campaigns capture the attention of qualified buyers throughout America. Finally, our flexible cost structure and willingness to entertain offers prior to the auction allows us to produce results for our clients” said Sarah Brewer, Realtor and Director of Business Development for Realty Corporation of America.

With Corporate Headquarters in the Historic Superior Building in Downtown Cleveland, Realty Corporation of America provides comprehensive marketing, advisory and auction services for residential, commercial and industrial properties. Transcontinental Lending Group our affiliated mortgage operation, provides customers with access to the most competitive interest rates available on the market, while offering a wide array of innovative and compelling mortgage solutions. The Great Title & Escrow Company of America utilizes the latest technology and a fully integrated on-line order placement and order tracking system to perform title examinations, issue title insurance policies and offer world class escrow and closing services. Our auction services division offers our clients the fastest and most efficient way of selling real estate. Our Property Management Division offers hands on, cost effective and highly energized management while allowing owners to position properties for sale or improve operating performance. Our construction services division allows Realty Corporation of America to offer construction, project management and cost estimating services for residential, commercial and industrial properties throughout North America. Additional information about Realty Corporation of America can be found online at www.realtycorpofamerica.com.

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