Auction.com reviews

3.8

67% would recommend to a friend

(304 total reviews)
avatar

Jason Allnutt

81% approve of CEO

53% positive business outlook

Auction.com has an employee rating of 3.8 out of 5 stars, based on 304 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Auction.com employee rating is in line with the average (within 1 standard deviation) for employers within the Real Estate industry (3.8 stars).

Reviews by job title

304 reviews
5.0
Sep 15, 2020
Recommend
CEO approval
Business Outlook

Pros

Auction.com is an absolute leader in default disposition space. Miles ahead of closest competitors in terms of volume. Auction.com is a leading online real estate marketplace, actually selling real estate online mostly without agents, which is very exciting. Auction.com is a profitable business with committed investors and a lot of smart, experienced and hard-working leaders. Auction.com works with almost all the largest banks and mortgage servicers and investors in the country. Auction.com is an innovator and leader in many aspects (pioneered REO online auction, foreclosure auction sync, remote bidding, seller bid interact, etc.) Auction.com has been fully transitioned to the cloud (AWS). Auction.com has ambitious goals to build new platforms which will bring its efficiency to the next level.

Cons

Due to Auction.com being part of the broader mortgage servicing industry, certain technology pieces can be antiquated and many processes are very manual and laborious. Company culture is not tech-first, but a little bit old-school business-driven.

3.0
Mar 30, 2020

Got me through the recession

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The company had a unique product the benefited from the housing downturn of the last recession. I was in the right place at the right time and maintained a good salary.

Cons

The company was very disorganized and had a continuous turnover in management. They had no real plan or direction other than to increase sales period by period.

2.0
Jan 26, 2019
Recommend
CEO approval
Business Outlook

Pros

Constantly being challenged. Company's goal is to disrupt the real estate industry.

Cons

Constantly changing strategies. Acquisition by private equity firm THLee has brought added pressure on the workers.

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Auction.com Response
7y
Thank you for your review. You're right about Auction.com's goal to disrupt the real estate industry and be the largest and most trusted marketplace for investment homes. We're glad that you enjoy the pace and challenge of your day-to-day work, however, we're sorry to hear that the changes and pressure has been difficult at times. We'll take your comments and concerns into consideration so that we can continue to grow as a company.
Viewing 103 - 105 of 304 Reviews

Glassdoor has 319 Auction.com reviews submitted anonymously by Auction.com employees. Read employee reviews and ratings on Glassdoor to decide if Auction.com is right for you.