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
4.0
Jul 9, 2014
Recommend
CEO approval
Business Outlook

Pros

Auction.com offers its employees amazing work/life balance, competitive pay, great benefits, and a multitude of opportunities for self-development. Most recently, senior leadership placed a renewed focus on its employees and is working to redefine the culture of the organization (blending together the best that the real estate and technology worlds have to offer). For me personally, I work in a super high-functioning team, and am surrounded by smart, driven people, who are here to fundamentally change the way people transact real estate on-line. As a company, we work in one of the final on-line spaces that has not yet fully transitioned over to the web, and it is exciting to be at the forefront of that change.

Cons

It's not perfect, but what company is - trying to fundamentally change the way real estate is bought and sold on-line is not an overnight process and takes time. The company has gone through some challenging growing pains over the last 12 months, but those pains appear to be behind us now and we have clearer direction than ever before. This is an organization that embodies the definition of change, so individuals who are not nimble enough to adapt to change quickly, run the risk of becoming frustrated.

1.0
Jun 23, 2014

Bonus paid at 50%

Recommend
CEO approval
Business Outlook

Pros

Some work life balance here

Cons

Google invests $$$ yet our bonuses were paid out at 50% and THEN we don't get paid our Q1 bonus on time. I have worked here for 5 years and this is the first time that I was paid out at 50%. Already staff morale is low, there is no communication regarding bonus payout until two days before, the company is spending tons of money on parties and celebrations yet cut out bonus.

1.0
Jun 5, 2014

Dysfunctional and uncertain. Avoid at all costs.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

1) Real estate industry not yet disrupted by online commerce and technology so Auction.com stands out as a potential leader. 2) Constant change. If you like an environment that's constantly changing -- basically on a daily basis -- this is the place for you. No two days, or no two minute's, are the same. You may have CEO #1 at the top of the morning, then a new CEO #2 practically by day's end. So if you seek constant change, this is an amazing place for you.

Cons

-- Senior leaders who fail in departments and verticals actually receive promotions upon finalization of failure, and are able to lead other departments after such failure. Senior leaders for example fail in one department --Consumer to Consumer -- then have the ability to be promoted to lead Commercial Department. Really confusing how this actually happens. Definitely not a pro. -- Multiple levels of redundancy in management. For example, one division might have 4 Directors, 10 Managers. Confusion is key and logic and reason don't get much value here. The more in redundancy the marrier! The CEO might become the Executive Vice President in a week's time. Then a week later he or she might become the Marketing Manager. A week later a Director. Then back to CEO. Redundancy and chaotic nature are really things you can rely on here. -- Founders of company are really clueless of what's happening and misguided by master delegation experts. Senior level managers like SVP are masters of delegation. They actually do no work themselve's. They make others do their work and then pretend work and results belong to them. CEO lets political motives push forward change instead of real insight, and effort, and so on. Quality people who are smart and know things are left to play Game of Thrones where every week a group, individual, or bloodline is killed off due to blind nature of top exec management and CEO. --High turnover rate. Everyone from CFO to Managers to Directors are working on a revolving door environment. This place resembles a startup but has been around longer than such. This company boasts about partnership with Google, but only if Google knew the chaos that really happens here. Ohoh! -- Company does not pay bonuses. No transparency for bonus in this regard. Bonus schedule changes from quarter to 6 months to annual then back to quarter than back to 6 months and is very confusing for workers who are counting on bonuses for livelihoods. Depending on the psychotic decision making of executive leaders on any given day the bonus pay schedule can vary to a high degree again leading to confusion and uncertainty even though employees are depending on bonus. -- Poor leadership. Everyone is scared to take a position on everything and anything. Because everyone is playing Game of Thrones and worried about being sacrificied they are scared of actually taking positions on any topic. Really poor leadership is the result - sometimes no leadership is the reality that everyone has to work with. -- Avoid. At. All. Costs. Go to a real able company. This place has years to go before it actually grows up.

Viewing 280 - 282 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.