AUCTION.COM NAMES REAL ESTATE VETERAN KATHY DRYDEN SENIOR VICE PRESIDENT OF PRODUCT STRATEGY

Allre Founder to Help Auction.com Deliver an Enhanced Transactional Site that Meets the Needs of Buyers, Sellers and Real Estate Professionals Alike

IRVINE AND SILICON VALLEY, Calif. – Oct. 15, 2015 – Auction.com, LLC, the nation’s leading online real estate marketplace, today announced the acquisition of Allre, an online real estate marketplace, and the hiring of its founder, real estate veteran Kathy Dryden as senior vice president of product strategy. Dryden will be responsible for leading the design and development of Auction.com’s new, consumer-facing residential website. She will draw from her experience at Allre and as a successful REALTOR® to deliver a seamless experience to buyers, sellers and the real estate professionals they work with.

“Kathy’s industry and technical expertise, along with her proven dedication to delivering an enhanced transactional experience, makes her a key player in our plans to expand our retail residential business,” said Auction.com CEO Tim Morse. “We are very pleased to have her on board, and to draw from her insights and experience.”

Dryden is a 12-year veteran of the real estate industry and has been a top producing agent in California and Nevada. She built the 71 and Sunny real estate team in San Diego, California and earned the distinction of REO listing specialist, selling distressed assets for multiple banks and investors. Dryden introduced Allre in 2012 as a transactional marketplace that allows buyers and sellers to complete entire real estate transactions online. Both she and Allre were prominently featured in 2014 at the Startup Battlefield of TechCrunch Disrupt, one of the most influential technology conferences in the world.

She holds a degree in policy, planning and real estate development from the University of Southern California and is an active alumna, regularly contributing to the Trojan Alumni Association.

“As someone so passionate about the home buying and selling experience, I’m thrilled to join Auction.com where I can help make buying and selling homes online easier and more transparent for everyone,” said Dryden. “Auction.com has a unique opportunity to significantly impact the residential real estate market and it’s really exciting to be part of that process.”

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About Auction.com:  

Auction.com, LLC, is the nation’s leading online real estate marketplace. Founded in 2007, the company has sold more than $32 billion in residential and commercial real estate assets. Auction.com has over 900 employees and headquarters in Irvine and Silicon Valley, Calif., as well as offices in key markets nationwide. Visit www.auction.com for more information.