Company Information

Overview

Since its founding in 1990, REDC has become one of the world’s leaders in maximized asset disposition strategies and asset management. We specialize in selling residential, commercial, luxury homes, multi-family, hospitality, land, as well as performing and non-performing notes and loan pools. Since 2007, REDC has sold in excess of $7.5 Billion of real estate assets and conducted over 900 auctions featuring 105,000 properties. This success is unparalleled in the industry.

Working directly with builders, developers, major corporations, financial institutions, banks and lenders, REDC conducts auctions throughout the United States and abroad, 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 at our ballroom auctions, bid online against ballroom bidders using our webcast platform or participate in online only auctions through our state-of-the-art online bidding system where buyers bid in real time as the auction progresses.

Foreclosure 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 foreclosed residential properties.

View Prior REO Residential Auction Success

Builder & New Construction Auctions

REDC is the place for if you are looking for new construction homes, conducting auctions of new builder inventory throughout the United States. In 2008-2009, REDC has conducted over 50 auctions for builders and developers of new homes, luxury condominiums and more… Working directly with the builders, developers and their construction lenders, REDC is a leader in liquidating a builder’s remaining inventory or selling those last few homes in new home communities.

Attention Builders and Developers! Click Here For More Information On Our Services.
View Prior Builder Auction Success

Commercial Auctions

Our Commercial Real Estate Auction Division is based on our unique online bidding platform, allowing buyers to place bids via our state-of-the-art online bidding system.

Auction.com allows sellers to offer listings to a global market of bidders and quickly sell commercial real estate assets to motivated buyers. Buyers benefit from a transparent bidding process, large selection of properties, due diligence documentation viewable online in our secure data vault and auction prices.

View Prior Commercial Auction Success

Note & Loan Auctions

Our Note Auction Division is based on our unique online bidding platform, allowing buyers to place bids via our state-of-the-art online bidding system in our New Origination, Performing, Sub-Performing and Non-Performing Note and Loan auctions.

Auction.com allows sellers to offer listings to a global market of bidders and quickly sell to motivated buyers. Buyers benefit from a transparent bidding process, large selections, due diligence documentation viewable online in our secure data vault, discover true market value and buy at auction prices.

View Prior Note Auction Success

Land Auctions

REDC has been America’s liquidator of affordable land, has held its position as the nation’s largest auctioneer of raw land. We specialize in bringing to the market a variety of properties that fit the needs of the first-time buyer, investors and developers.

Auction.com has hosted thousands of live ballroom and online auction events selling tens of thousands parcels, commercial lots, home sites in master-planned communities, trophy properties, acreage both small and large and more.