July 22, 2014 11:51 PM ET

Commercial Services and Supplies

Company Overview of Auction.com, LLC

Company Overview

Auction.com, LLC operates an online auction platform that acts as a real estate marketplace. The company’s platform connects buyers and sellers and enables them to buy and sell commercial properties, including office, retail, hotel, multi-family, notes, and lands; and residential properties, such as bank-owned and single family homes, and condos and townhouses, as well as foreclosure/trustee and luxury properties. It serves buyers and sellers from financial institutions, real estate investment funds, and individual investors in the United States and internationally. The company has a strategic partnership with Google Capital. Auction.com, LLC was formerly known as Real Estate Disposition Cor...

One Mauchly

Irvine, CA 92618

United States

Founded in 1990





Key Executives for Auction.com, LLC

Co-Founder and Chief Executive Officer
Co-Founder and Chairman
Co-Founder and Vice Chairman
Chief Financial Officer and Executive Vice President
Age: 45
Compensation as of Fiscal Year 2014.

Auction.com, LLC Key Developments

Auction.com Names Tim Morse as CFO and Executive Vice President

Auction.com has named former Yahoo! Inc. chief financial officer and interim chief executive officer Tim Morse as CFO and executive vice president. Morse will oversee Auction.com 's financial operations and growth strategies from the company's Silicon Valley office. To facilitate a seamless transition, he is working closely with outgoing CFO Bruce Felt, who will depart in June. For 15 years, Morse held numerous positions of progressively greater financial leadership with the General Electric Company.

Auction.com Announces Jeff Epstein to its Board of Directors

Auction.com has added former Oracle Chief Financial Officer Jeff Epstein to its board of directors. Epstein, who will chair the Audit Committee, is the second high profile addition to the Auction.com board, joining a representative from Google Capital. Epstein is an operating partner at Bessemer Venture Partners and a senior advisor at Oak Hill Capital Partners. He serves on the board of directors for Priceline and has participated in its growth from $1 billion to almost $70 billion in market capital. He also serves on the board of Shutterstock. In his former position as executive vice president and CFO of Oracle. Prior to joining Oracle, Epstein served as chief financial officer of several public and private companies, including DoubleClick, which was sold to Google; King World Productions, which was sold to the CBS Corporation; and Nielsen's Media Measurement and Information Group. Earlier in his career, he was an investment banker at The First Boston Corporation. He also currently serves on the boards of directors of Kaiser Permanente and Global Eagle Entertainment, and the management board of the Stanford University Graduate School of Business.

Auction.com Partners with NAHREP to Advance Hispanic Homeownership

Auction.com and the National Association of Hispanic Real Estate Professionals (NAHREP) are joining forces to advance sustainable Hispanic homeownership. NAHREP promotes Hispanic homeownership by educating and empowering the real estate professionals who serve Hispanic buyers and sellers. The partnership will help real estate professionals and their clients take advantage of opportunities to buy and sell through Auction.com. The partnership will support a large-scale education campaign that targets residential brokers and buyers. As part of its ongoing efforts to educate and counsel Hispanic buyers, NAHREP will also offer advice on accessing opportunities available through Auction.com. In addition, it will establish a referral service that connects buyers and their agents to specific assets available through Auction.com. The partnership agreement between Auction.com and NAHREP also includes extensive joint marketing plans, participation at NAHREP's national convention on Oct. 12-14 in Los Angeles, and makes Auction.com a Diamond Lever Partner with NAHREP.

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