Meeting Minutes - US Department of State

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excess real estate. At about the same time, we were
developing in the State Department's website, a page
where people could find information about properties
that we had for sale. The problem with the
govsales.gov site, which is just started in the last
few months, is that it only deals with things in the
United States. The whole website is driven by a map
of the U.S. and you click on the state you're
interested in.
And so that website now has a tab, you
can't probably see it on this slide, just a tab that
says international real estate. You click on that
tab and it takes you directly to the U.S. Department
of State's property for sale overseas. It's just
been up for a couple of months. If you haven't seen
it, take a look. We've been averaging over a 150
visits to our website a day. We average ten actual
inquiries a day from that website, actual requests
for information and we've actually documented one
sale so far where the guy found out about the
property on the website, went through the process,
and ended up buying that property. So it has
dramatically increased the exposure that we have for
property we're trying to sell and we typically sell
30, 40, 50 properties a year, give or take.
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