Auction.com to Open New Office in Austin, Texas

IRVINE, Calif. (August 28, 2013) – Auction.com, the world's largest online real estate marketplace, today announced it will open an office in Austin, Tex. on Sept. 3. The office will be the company’s first location dedicated to client management and business development, and will draw upon the wealth of local talent in the heart of Texas’ technology hotbed.

Auction.com’s Austin office will be located in 7,000 square feet of the Stone Lake Office Park at 4030 West Braker Lane. It will be led by Downs Deering, Senior Vice President of VIP Operations, who joined the company in July from Waste Management, and Michael Dean, Vice President of Residential Sales, who recently joined Auction.com from Hewlett Packard.

Auction.com has already hired several sales and business development executives in Austin from companies including Dell, LegalZoom, and Bazaarvoice, and expects to hire up to 40 employees by year-end.

"Building and scaling a high-quality sales and business development team is a key driver to our continued success as a business,” said John Hood, Executive Vice President of C2C Inside Sales for Auction.com. "Austin was our first choice as a location since it offers an excellent talent pool of professionals from leading technology companies who have the experience to help us better serve our customers, and enhance the current teams in our Irvine headquarters."

Auction.com is transforming the way real estate is bought and sold through a more efficient online platform that maximizes the value of real estate assets. Using world-class marketing and technology, Auction.com is a global platform that matches sellers with buyers through a real-time bidding process that provides more transparency than a traditional real estate transaction.

"We are pleased to welcome Auction.com to the Austin region, the company will be a wonderful asset to our growing technology community," said Gary Farmer, Chairman of Opportunity Austin; a five-county economic development initiative of the Greater Austin Chamber of Commerce. "Auction.com’s expansion to Austin is further evidence of Central Texas’s attractiveness to companies who have chosen our city because of the access to talented workforce, entrepreneurial spirit and high quality of life."

Headquartered in Irvine, Calif., Auction.com has more than 1,000 full-time employees in offices across the United States and Europe. Visit the Auction.com Career Opportunities page to view current openings in Austin and around the world: http://www.auction.com/company-information/career.php.