Industry NewsMarkets & Economy

Media company joins real estate auction venture

Los Angeles Times Media Group, partners form Zetabid
Published on Aug 26, 2008

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

The Los Angeles Times Media Group has joined a real estate auction venture that has a focus on selling bank-owned foreclosure properties and builder-owned properties.

Dubbed Zetabid, the partnership seeks to bring new advertising opportunities to the media company in a time of declining ad revenue while broadening the pool of potential buyers for properties sold at auction.

Comments