About Us

REauction.com is dedicated to building the largest, most profitable, real estate auction company in the USA, based on proven methods -- driven by a marketplace demand.

Our Service:

Real estate sold at auction is estimated at $87.3 Billion in the USA in 2003 with 881,000 properties sold. The "traditional" real estate market in the country was around $40 trillion or one third of the US economy with over 6 million existing homes sold in 2003. According to the Auction Marketing Institute less than 300 people hold the A.A.R.E. (Accredited Auctioneer Real Estate) designation whom are "credentialed" to sell auction services. REauction.com is a government certified nationwide real estate Auction Company that utilizes high-tech tools combined with over 2,000 years of auctioneer traditions.

Our innovative service is based upon over 20 years of real estate experience combined with 10 years of e-commerce and the past five years dedicated to research, development and auction sales.

How we do it

2,000 years of auctioneer traditions combined with 21st century technology.

Smart work & wide market exposure of your property will deliver the present cash market value every time.

A nationwide network of NAA certified traditional auctioneers trained in marketing and technology has been developed to sell your property at auction. Each property is given a unique marketing plan within the budget and time frame the seller. The properties are marketed using on-line and offline tools such as local print advertisng, direct mail and Realtor Co-op's to bring the widest exposure to your property.

Your property will be auctioned using one of many time tested formats to for the best marketplace exposure. Potential buyers are brought together for progressive upward bidding to establish the market price for your property.

REauction.com contacts the winning bidder after the auction, collects the deposits, delivers contracts and coordinates closing.

We take the hassle out of a complicated process and deliver cash for property.

Who We are:

The Founder and principal owner of PAX AUCTIONS, William F. "Billy" Burke founded the first B2B (business-to-business) Internet auction for surplus assets in 1994. He led the team that won the largest government surplus contract in history to conduct the sale of all US Military surplus on an exclusive basis through 2008. In addition to setting innovative standards in the B2B and Internet auction industry at large. The company is certified and has worked with partners around the world to execute transactions of all sizes and asset types.

The company is actively recruiting Auctioneer - Agents to help us build the largest most profitable real estate auction company in the USA.