Since its beginnings in 1990, REDC has become the world leader and most successful real estate auction marketing firm, specializing in residential, commercial, multi-family and hospitality properties, land, as well as performing and non-performing notes and loan pools.
Real estate auctions have gained tremendous popularity among buyers who are seeking the true market value for properties in today’s marketplace . Auctions play a major role in today’s real estate marketplace as a greater number of home buyers, including not only real estate investors, but first-time and move up buyers choose to purchase at auction over the more conventional, time-consuming and expensive retail sales method.
By utilizing the auction marketing process pioneered and perfected by REDC we have sold more than $6 Billion of real estate assets for our clients, including a staggering $3.4 Billion and 32,800 homes in 2008 alone - an industry record!
REDC conducts auctions throughout the United States and in foreign countries including the United Kingdom which range from live ballroom mega-auctions to local on-site auctions, as well as online only auctions through the use of our proprietary and best in class online auction platform. Home buyers and investors alike have the opportunity to bid live, in real time, in our ballroom auctions as the auction progresses or participate in online only auctions through our state-of-the-art online bidding system at www.auction.com.
Foreclosed Real Estate Auctions
REDC is the source for lender-foreclosed homes. Our unique relationship with the financial institutions who own these homes after foreclosure make the auction sale the easiest most straightforward real estate purchase a buyer can make. Our clients are in the business of lending, not home ownership. Our sellers want these houses off their books and turned back into homes. REDC is in the business of turning houses into homes. A winning relationship for the buyer!
REDC offers a large selection, something for every buyer- from single family homes, townhomes, condominiums, multi-family units and more – all at auction prices! Our auctions are perfect for individuals looking for a first or second home, as well as bargain-seeking investors looking for income and investment properties. REDC is your source for your real estate purchase.
For more information on our large ballroom and online REO auctions, please contact:
Walter Skrzynski
EVP, REO Auction Division REOInfo@REDCgroup.com
New Construction and Builder Auctions
REDC is the place for if you are looking for new construction homes. REDC conducts auctions of new builder inventory throughout the United States. Working directly with the builders, developers and their construction lenders, REDC is a leader in liquidating a builder’s remaining inventory or selling the last few homes in new home communities. This means it is a buyer’s opportunity to take advantage and get into that first home, upgrade to a larger home, purchase a vacation home or start your real estate investment portfolio!
For more information on New Construction and Builder Auctions, please contact: Dan Culler
COO, Commercial Auction Division BUILDERInfo@REDCgroup.com
Operating from its 60,000 sq ft corporate headquarters in Irvine, California, REDC is a fully licensed and bonded real estate auctioneer and sanctioned real estate broker, with additional offices in New York, Dallas and London. In 2008, REDC formed a partnership with Stone Point Capital, LLC, whose experience and relationships will assist REDC to expand its business worldwide.
