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Auction.com Opens Office In Austin

Online real estate marketplace Auction.com said Wedensday that it is opening up a new office in Austin, in order to tap into the talent in Texas. Auction.com said the new office will have 7,000 square feet, and it expects to hire up to 40 employees by the end of the year. The new office is being led by Downs Deering (SVP of VIP Operations) and Michael Dean (VP of Residential Sales). Auction.com said that the new office will let it tap into the "Wealth of local talent" available in the "heart of Texas's technology hotbed." Auction.com operates an online auction site for real estate assets. Auction.com is based in Irvine, California.