, LLC Launches Sealed Bid Auction Platform, LLC (RCM1), the leading provider of virtual deal rooms and online marketing solutions for institutional transactions, announces the launch of their new Sealed Bid and Auction Platforms. These Platforms are uniquely designed for the commercial real estate and banking industries.

“Many of our clients are managing an influx of distressed assets,” said Steve Alter, RCM1’s Founder and CEO. “Our latest release allows clients to create a customized Sealed Bid or Auction Platform to accelerate the overall transaction.” The Auction Platform allows potential buyers to download due diligence materials, review bidding instructions, upload a LOI, and submit a price from a single location. The Sealed Bid Platform allows clients to solicit and manage indicative or final bids electronically.

Mr. Alter also pointed out that “Auctions are a great way of bringing buyers and sellers together to sell a property or note. Auctions create industry transparency — buyers can feel confident that they are not overpaying while sellers are assured of sell date and maximized asset value through competitive bidding.”

RCM1 has also recently developed an integrated online listing engine technology that can be embedded and branded on client websites. The engines support an entire group with brand development, property marketing, war-room/due diligence management, data capture, and pipeline management. Companies can then provide extensive full-service marketing capabilities, transparency, and efficient process management to their clients.

Additional enhancements include:

– Improved user security and password management

– Client ability to customize sealed bid and auction offer documents such as letter of intent, buyer qualifications, and deposit instructions.

– Client ability to customize sealed bid and auction functionality.

About, LLC
RCM1 is the leading confidential web marketing, qualified database research, and virtual deal room provider for the larger and more complex property transactions around the globe. RCM1’s primary business is focused on helping clients in the following specialties:

– Real Estate Investment Banking
– Investment Sale(s) Brokerage
– Capital Markets (Debt, Equity, and Note Sales)
– Due Diligence
– TIC War-Rooms for Approvals
– Mergers & Acquisitions
– Alternative Investments

RCM1 serves as the Internet’s only broker-neutral host in providing principals, exclusive listing brokers, mortgage bankers and equity sources the most productive and cost effective way to acquire, dispose, finance and capitalize real estate.

RCM1 was recognized as the industry leader in market share for institutional commercial real estate transactions in 2009 according to New York based research firm Real Capital Analytics. RCM1 was involved in more than 25% of all real estate transactions in excess of $10 million dollars.

RCM1 Contact: Steve Shanahan
1-888-440-RCM1 (7261)