"REDC the company that bought the domain auction.com for just $1.7 million earlier this year, announced that they just completed an online nationwide foreclosed property sale, using the domain auction.com.
The sale generated $31.7 Million in sales.
The online auction using auction.com, offered 770 assets in 45 states and saw traffic from thousands of online bidders from August 3 through August 23.
The properties auctioned ranged from million-dollar mansions to smaller single-family houses.
“This was our most aggressive foray into auctions on a national level, and it was a tremendous success,” said REDC/Auction.com CEO Jeff Frieden.
The next monthly auction, to be held from September 21 through September 26, will feature foreclosures in more than 40 states.
Makes that $1.7 million paid for the domain looks pretty cheap, doesn’t it?"
Auction.com Rings Up $32 Million In Sales | The Domains
The sale generated $31.7 Million in sales.
The online auction using auction.com, offered 770 assets in 45 states and saw traffic from thousands of online bidders from August 3 through August 23.
The properties auctioned ranged from million-dollar mansions to smaller single-family houses.
“This was our most aggressive foray into auctions on a national level, and it was a tremendous success,” said REDC/Auction.com CEO Jeff Frieden.
The next monthly auction, to be held from September 21 through September 26, will feature foreclosures in more than 40 states.
Makes that $1.7 million paid for the domain looks pretty cheap, doesn’t it?"
Auction.com Rings Up $32 Million In Sales | The Domains
