Realauction

What Realauction does

Realauction.com, LLC is a private software company founded in 2004 and headquartered in Plantation, Florida, with a secondary office in Lubbock, Texas. The company develops and hosts online auction software for government agencies, specifically county, municipal, and state offices that need to conduct property-related auctions. Its core product suite comprises four purpose-built platforms: REALTAXLIEN (online delinquent tax lien and tax certificate sales), REALFORECLOSE (judicial and non-judicial foreclosure auctions), REALTDA (tax deed auction management), and REALTDM (full-lifecycle tax deed management). In 2008, Realauction conducted the first online judicial foreclosure auction in the United States, and the company has since hosted more than 1.5 million online auctions, positioning it as the largest online foreclosure software provider in the country.

The company operates on a software-as-a-service model, developing and hosting each client's branded auction site as an end-to-end turnkey solution in compliance with the relevant state statutes. Its go-to-market is direct sales-driven: a sales team reaches out to municipal, county, and state agencies, supported by a customer service department and free online training for users. Realauction reports no external funding, no parent company, and no disclosed revenue figures; ownership appears to be founder-/operator-controlled. The platform currently serves jurisdictions across all six major US regions, with active client additions observed in 2026, including new counties in Maryland and continued expansion within Florida and New Jersey.

Name

Realauction

Legal name

Realauction.com, LLC

Website

https://realauction.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Realauction.com, LLC (founded 2004, Plantation, FL) develops and hosts online auction software for US county, municipal, and state government agencies, offering platforms for tax lien, foreclosure, sheriff, land, and municipal property auctions under the REALTAXLIEN, REALTDA, REALFORECLOSE, and REALTDM brands.

Ownership category

akta.pro rank

Product category

Government Auction Software

NAICS

Other Activities Related to Real Estate (531390), Offices of Real Estate Agents and Brokers (5312), Software Publishers (5132)

SIC

Real Estate (6500), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Online/Virtual Real Estate Auctions (Marketplace Platforms) (BPAJAEAJ)

akta.pro secondary industries

Government & Tax-Lien/Tax-Deed Property Auctions (BPAJAEAH), Foreclosure/REO & Distressed Property Auctions (BPAJAEAF), Real Estate Auction Services (FSAEAJAL)

Keywords

• Online auction software
• Tax lien auctions
• Foreclosure auction platform
• Municipal auction software
• Government auction solutions

Headquarters

HQ city

Plantation

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Licensing/Subscription: Provides online auction software solutions to government agencies, developing and hosting client sites. Revenue appears to come from software licensing/subscription fees for access to their auction platform and hosting services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Realauction develops and hosts proprietary online auction software that enables municipal, county, and state government agencies to conduct delinquent tax lien/tax certificate, foreclosure, sheriff, land, and other municipal property auctions over the Internet in compliance with state statutes. Bidders and investors participate remotely from home or office on fully managed client sites provided as a turnkey solution. The offering is delivered across four branded products: REALTAXLIEN, REALTDA, REALFORECLOSE, and REALTDM.

Product overview

Realauction provides a suite of online auction software solutions under four product brands: REALTAXLIEN, REALTDA, REALFORECLOSE, and REALTDM. The company develops and hosts all client sites, allowing bidders and investors to participate online in delinquent tax lien/tax certificate, foreclosure, sheriff sales, land sales, and other municipal property auctions from the comfort of their homes or offices. The products are offered as separate branded solutions targeting different auction types within the municipal property auction space.

Differentiator

Problem solved

Functional benefit

Products and services

• REALTAXLIEN Online auction software for delinquent tax lien and tax certificate sales, enabling municipalities and counties to conduct tax lien sales via the Internet in compliance with state statutes.
• REALFORECLOSE Online foreclosure auction software that allows judicial and non-judicial foreclosure sales to be conducted electronically, enabling bidders and investors to participate remotely.
• REALTDA Tax deed management auction software for managing and conducting tax deed sales as part of the property auction process.
• REALTDM Tax deed management system supporting the full lifecycle of tax deed auctions from initiation through sale completion.

Quantifiable outcome

• Over 1.5 million online auctions conducted since founding

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Bid4Assets: Bid4Assets runs online government and bankruptcy property auctions, including tax sale and foreclosure sales, making it a direct competitor to Realauction's foreclosure and tax deed auction platform.
• Grant Street Group: Grant Street Group provides tax lien and tax claim auction software and services to state and county governments, overlapping with Realauction's REALTAXLIEN offering in the delinquent-tax-lien auction niche.
• CivicSource: CivicSource operates an online auction platform for government agencies to sell tax-foreclosed and adjudicated properties, directly competing with Realauction's REALFORECLOSE product in the same vertical and customer base.

Broad incumbents

• Aurigo Software: Aurigo provides government capital program and procurement software, including bidding workflows, which overlaps with the public-sector auction infrastructure Realauction targets.
• Tyler Technologies: Tyler Technologies is a large public-sector software provider serving county and municipal governments with ERP, recording, and public-safety systems. Its broad portfolio could bundle or displace specialized auction platforms like Realauction.
• Granicus: Granicus provides government experience and workflow software across thousands of municipalities, representing a broad GovTech incumbent that could extend into property-auction workflows adjacent to Realauction's niche.
• GovOS (by Bludot Technologies): GovOS offers a suite of government software including tax certificate and foreclosure workflow tools, partially overlapping with Realauction's REALTAXLIEN and REALTDA products.
• CivicPlus: CivicPlus builds integrated technology platforms for local governments including websites, citizen engagement, and operational software, positioning it as a broad incumbent that could bundle auction-adjacent capabilities.

Emerging players

• Proxibid: Proxibid operates a general online auction marketplace that includes government and real estate assets, sharing the online-auction technology model with Realauction but serving a broader asset mix.
• Auction.com (Xome): Auction.com operates online real estate auctions for foreclosure and bank-owned properties, sharing the online foreclosure-auction category with Realauction while serving institutional sellers alongside government clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/realauction

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Realauction