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Bid4Rentals.com Launches Revolutionary Online Property Rental Marketplace Powered By Proprietary ‘Instant Auction’ Technology
Posted: 2/17/2003

Posted By: Bid4Rentals.com Contact: Darren Sommer
Phone: (727) 517-1673 Email: dsommer@bid4rentals.com

FOR IMMEDIATE RELEASE

Contact: Darren Sommer
Bid4Rentals.com
(727) 517-1673
dsommer@bid4rentals.com

Bid4Rentals.com Launches Revolutionary Online Property Rental Marketplace Powered By Proprietary ‘Instant Auction’ Technology


SEMINOLE, FLORIDA (February 14, 2003) – Bid4Rentals.com, an internet auction service provider, announces the successful launch of its ground-breaking online vacation rental marketplace. Bid4rentals.com is positioned to revolutionize the $10-billion-a-year vacation rental industry with its exclusive, patent-pending ‘Instant Auction’ technology.

“The online auction phenomenon is producing over $9 billion dollars worth of goods and services annually, but until now, no one has leveraged the true power of auction technology and focused it directly on the vacation rental market,” says Bid4Rentals.com founder Darren Sommer.

“We are the first service provider to take the vacation rental market seriously and provide it with a unique online rental marketplace. We’ve increased its value by powering it with B4R’s proprietary ‘Instant Auction’ technology, that will demonstrate a real Return on Investment that our customers have been searching for from other services,” adds Sommer.

Bid4Rentals.com’s exclusive, patent-pending technology allows property managers to create easy-to-read, easy-to-locate property listings, and empowers interested customers to start instant auctions on their properties for a customer-specified period of time.

Benefiting the Consumer

According to Sommer, “No longer does a potential renter have to abide by the pre-determined availability of other vacation rental services. Bid4Rentals.com gives them the power to start auctions instantly on the rental property they really want, for the exact dates they want.”

Registered B4R users also cash in on a variety of user features designed to make the online rental process as easy and enjoyable as possible. Users can save property listings to a favorites list, email them to a friend, and start instant auctions on them whenever they choose.

Empowering the Rental Property Managers

Rental property managers define when the property is available, a minimum per-day rental rate, minimum rental duration, and even an instant ‘Rent Now’ price for the property. Through the use of powerful, easy-to-use availability calendars, Bid4Rentals users can start auctions with just a few clicks of a mouse on the properties they want to rent.

Bid4Rentals.com has crafted its new offering with the rental property manager in mind as well, by providing the powerful and easy-to-use B4R Control Panel; featuring tools and services that increase the property manager’s potential to earn more income for the properties they manage without extra effort.

In addition to the potential for increased revenue through instant property auctions, Bid4Rentals.com property managers can also promote their listings to last-minute planners with the unique ‘Weekend Special’ option, providing another means to ensure maximum bookings for each of their properties listed with B4R.

Built With Powerful Microsoft .NET Technology:

Built on the Microsoft .NET technology platform, B4R stands poised to offer its service not only to traditional web browsers but eventually to wireless devices, allowing property managers and vacation renters alike to make their vacation plans on-the-road, or away from the home or office.

B4R is also extending its exclusive and revolutionary technology to selected partner companies and affiliates to allow them to expand their business models into new areas of profitability.

“We are already speaking with a wide range of potential partners who are thoroughly excited about breaking down the barriers to untapped revenue and profitability that Bid4Rentals technology can provide. We expect to have a number of announcements about these negotiations in the near future,” said Sommer.

About Bid4Rentals.com

Bid4Rentals.com is a privately-held company founded by Darren Sommer. Mr. Sommer, formerly in pharmaceutical sales, is set to graduate from medical school in May. Understanding the strength of a qualified management team, Sommer has gathered together a group of highly credentialed professionals to drive his company.

Culling the backgrounds of team members with experience in real estate, Internet operations, sales and marketing, this team brings years of experience to Bid4Rentals.com.

For more information on Bid4Rentals.com, please visit www.bid4rentals.com.

For investor or partnership information, please email investors@bid4rentals.com.




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