As interest rates rise for the first time in nearly 10 years, a sure sign of a healthy economy, the main business that Auction.com started on in 2007 — selling distressed commercial and residential assets for institutions — is now selling more traditional properties by auction. “We always knew that we would migrate from distressed to traditional properties,” said Auction.com vice president, Rick Sharga.
- More first-time homebuyers are looking to Auction.com for opportunities.
- More foreign investors are buying property online at Auction.com.
- Auction.com is using DocuSign to make its user end-to-end experience seamless.