Auction.com Moves to Austin and Plans to Hire 40

Another California company has put stakes down in Austin.
Auction.com, based in Irvine, Calif. with 1,000 employees, announced Wednesday plans to open an Austin office on Sept. 3 and hire up to 40 people.
The office will focus on customer relations and business development. It will located in 7,000 square feet at the Stone Lake Office Park at 4030 West Braker Lane.
Downs Deering, senior vice president of VIP operations and Michael Dean, vice president of residential sales, will lead the Austin office.
The company has already hired several sales and business development executives.
“Building and scaling a high-quality sales and business development team is a key driver to our continued success as a business,” John Hood, executive vice president of C2C Inside Sales for Auction.com, said in a news release. “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 an online platform that lets people sell and buy real estate.
“We are pleased to welcome Auction.com to the Austin region, the company will be a wonderful asset to our growing technology community,” Gary Farmer, Chairman of Opportunity Austin; a five-county economic development initiative of the Greater Austin Chamber of Commerce said in a news release. “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.”