SOURCE: Rent Finders USA, Inc.

May 19, 2006 08:31 ET

Rent Finders USA, Inc. Expects Increase Sales Force Up to 50% Based on Current Housing Market Trends in South Florida

Rent Finders USA, Inc. to Host Informational Seminar for Real Estate Community

WEST PALM BEACH, FL -- (MARKET WIRE) -- May 19, 2006 -- Rent Finders USA, Inc. (OTC: RFDU) is pleased to announce that the Company has implemented a strategy to increase the Company's real estate sales force by up to 50%. Due to a notable shift in the housing market in South Florida, the Company intends to realize growth through the ability of Rent Finders' business model to take advantage of the current market trend.

Rent Finders USA and Premier Mortgage Funding will be hosting a real estate seminar to inform the real estate community of the potential for financial gain in the sellers market that currently exists. The Company is expecting to have well over 250 real estate agents and investors in attendance at the South County Civic Center on May 19, 2006 in Delray Beach, Florida. "While there has been a 20% increase in the number of real estate agents becoming members of the local Real Estate Boards, there has been a more than 30% decrease in the number of transactions. This spreading thin of opportunity is a great time for Rent Finders USA to capitalize on their unique system of servicing the real estate community and increase its sales force," stated Broker-of-Record and founder, Terry McManus. "Our transaction flow has not slowed significantly year-over-year on a same-store basis. Our demand side model is ripe for the current economics of the market."

"Most consumers are under the impression that property is overpriced at this time. Looking at the basic economics of the environment there is a dramatic oversupply in our markets; this to most savvy investment professionals would trigger this as a time to buy. Sellers are becoming desperate and not only reducing prices, but accepting well below list price and giving massive concessions to buyers. Rent Finders USA is in an incredible position to capitalize on falling property values and the shift in the market. We expect this seminar will be beneficial to both the attendees and Rent Finders by increasing our revenues through added interest in our business model," stated William Luckman, CEO of Rent Finders USA, Inc.

About Rent Finders USA, Inc.

Rent Finders USA, Inc. ( is a full-service Real Estate Broker that specializes in residential Property Management. Rent Finders USA, Inc. opened its offices in 2001, and has quickly become one of South Florida's fastest-growing real estate companies, successfully operating 10 locations and having completed in excess of 35,000 real estate transactions since the company's inception in 2001.

SAFE HARBOR ACT: This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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