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Columbus
Resident Wins Nation-Wide Property Giveaway
ROMULUS, Mich., Sept. 24, 2002
- Nation-Wide Real Estate Discounters Corporation, the premier
real estate investment training company, presented the title
to a 1,600-plus square foot home located in Battle Creek,
Mich. to Robert Martin of Columbus, Ohio free of charge today.
The property giveaway was part
of a promotion for Nation-Wide's Renovate America Program,
which systematically trains associates to locate and profit
from distressed residential properties. Martin was announced
as the winner at the Crowne Plaza Hotel during the final roundtable
training session of a multi-state tour.
"This is a great opportunity
for Robert Martin to broaden his experience in this industry
and also make quite a bit of money since the property is being
handed over to him completely free," said Ralph Santillo,
senior acquisitions director for Nation-Wide.
Every registrant for the training
sessions, which spanned three states including Ohio and Illinois,
was eligible to win the Battle Creek property, located at
203 North Wood Street. The property could be viewed online
at www.renovateamerica.com.
"I am really excited because
this is the first time I have ever won anything," said
Martin, an intervention specialist for Columbus Public Schools
and part-time pastor. "Once I determine the market value
of the home, I will proceed down the most profitable path
using the training I received from Nation-Wide."
Nation-Wide's officers, directors,
and in-house real estate experts have been in the business
of acquiring, rehabilitating, and reselling distressed residential
real estate since 1960, and have bought and sold hundreds
of properties around the country.
After the Renovate America Program
training, an associate has the option of submitting a qualified
transaction to Nation-Wide for purchase consideration. Once
being approved for purchase, the associate can elect to receive
an assignment fee of 10 percent of the acquisition price,
or they may joint venture with Nation-Wide and receive a percentage
of the profits after Nation-Wide has renovated and resold
the property.
Back
to Battle Creek Winner Page
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