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Ten-X Names Rick Sharga Chief Marketing Officer
Sharga to Oversee Corporate Marketing and Communications for the Newly Rebranded Company

IRVINE, Calif. and SILICON VALLEY, Calif., Jan. 21, 2016 /PRNewswire/ -- Ten-X (formerly Auction.com), the nation's leading online real estate marketplace, today announced the promotion of Executive Vice President Rick Sharga to the role of chief marketing officer. In his new role, Sharga will draw from his unique blend of real estate, technology and consumer marketing experience to lead corporate marketing, branding and corporate communications for Ten-X.

Rick Sharga

"Ten-X is in an ideal position to positively impact the way the world thinks about transacting real estate, and Rick Sharga's insight and expertise will be crucial as we prepare to launch game-changing technology that attracts and empowers a much broader audience," said Ten-X Chief Executive Officer Tim Morse. "The company has already benefited immensely from Rick's leadership and vision over the past two and a half years, and we look forward to fully leveraging his capabilities in the role of chief marketing officer."

Prior to his 2013 arrival at Ten-X (then Auction.com), Sharga served as executive vice president for Carrington Holding Company, which owns and operates multiple businesses in the mortgage, real estate and securities industries. He was also senior vice president of marketing at RealtyTrac for nearly a decade, during which he won the Stevie® Award for National Marketing Executive of the Year and was also responsible for business development, data operations, and the development of a national real estate agent network. The first 20 years of his career were focused on creating and executing marketing and sales programs for prominent technology companies such as Toshiba, Hitachi, JD Edwards, Honeywell and Fujitsu; start-ups like Tickets.com; and consumer brands like Pizza Hut and Acura.

Sharga is one of the country's most frequently-quoted sources on real estate, mortgage and foreclosure trends, and was included in Inman News' Inman 100, an annual list of the most influential leaders in real estate in both 2013 and 2014. He is a member of the Corporate Board of Governors for the National Association of Hispanic Real Estate Professionals and the President of the Technology Council of Southern California.

"When I joined Auction.com in 2013, I was looking forward to being part of a company that would fundamentally change the way residential and commercial real estate was bought and sold by leveraging technology in ways that had never been done before," said Sharga. "I'm honored to take on the challenge of building Ten-X into a powerful national brand known for delivering easier, more transparent, more efficient real estate transactions for buyers, sellers and real estate professionals."

About Ten-X

Ten-X (formerly Auction.com) is the nation's leading online real estate marketplace, having sold 200,000+ residential and commercial properties totaling more than $37 billion since 2007. Leveraging desktop and mobile technology, Ten-X allows people to safely and easily complete real estate transactions entirely online. The company brings a breadth of quality assets to the market, attracting prospective buyers through world-class marketing and leveraging a scalable technology platform to conduct transactions in a transparent, efficient manner. 

Ten-X empowers consumers, investors and real estate professionals around the world with unprecedented levels of flexibility, control and simplicity – and the convenience of transacting properties whenever and from wherever they are. As real estate continues to move online, Ten-X is uniquely positioned to be at the forefront of this dramatic behavioral shift.

Ten-X is headquartered in Irvine and Silicon Valley, Calif., and has offices in key markets nationwide. Investors in the company include Google Capital and Stone Point Capital. For more information, visit Ten-X.com.


Photo - http://photos.prnewswire.com/prnh/20160120/324408
Logo - http://photos.prnewswire.com/prnh/20160106/319955LOGO


For further information: The Hoyt Organization, Kent Barrett, kbarrett@hoytorg.com, Katherine Lambert, klambert@hoytorg.com, (310) 373-0103

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