Home / Headlines / Auction.com Promotes Chief Technology Officer
Print This Post Print This Post

Auction.com Promotes Chief Technology Officer

amit aggarwal promoted to CTO auction.comCalifornia-based Auction.com, the nation's largest real estate marketplace for distressed asset disposition, announced that due to strong market demand driving a significant expansion of its technological infrastructure, Amit Aggarwal has been promoted to Chief Technology Officer to oversee this initiative.

"In keeping with our commitment to provide the best experience for our buyers and sellers, we continue to enhance our tools that create the most dynamic and trusted real estate marketplace," Aggarwal said. "Through our marketplace, sellers can better monitor their portfolio performance while also optimizing their pricing strategies within one centralized and user-friendly platform. Likewise, buyers gain unprecedented insight into a property through our technology's ability to aggregate intelligence and provide information such as a property's condition, its occupancy status, as well as access to resources, such as title reports, tax lien documents, property information reports, and more. This empowers the industry to more efficiently and profitably transform distressed properties into stabilized community assets."

The organization's technology expansion will be spearheaded by Aggarwal, who will leverage his 16 years of experience in leading, innovating, designing, and executing large-scale enterprise web based solutions. With his promotion to Chief Technology Officer, Aggarwal will now oversee the technology team, which the company projects to grow by more than 25 percent in the coming months.

"Our clients and customers value having access to technology that brings unprecedented levels of information and insight to help with their disposition strategies," Jason Allnutt, General Manager of Auction.com said. "Our success is directly related to the level of talent within our team, and Amit Aggarwal's dedication in leading our technology expansion demonstrates his ability to identify and implement industry-leading solutions that truly go 'Beyond the Bid.' He is an important member of our organization and in his new role, will play a pivotal part in continuing to lead the way in defining technology's impact on our industry."

About Author: Kristina Brewer

Kristina Brewer is the Editorial Assistant of Publications for the Five Star Institute, including DS News and MReport magazine. She is a graduate of the University of North Texas (UNT), where she received her Bachelor of Arts in English with a concentration in rhetoric and writing and a minor in global marketing. During this time, she served as Director of Philanthropy in the national women’s fraternity Zeta Tau Alpha, of which she is an alumna. Her passion for philanthropy continued after university when she was an intern at Keep Denton Beautiful, a local partner of Keep America Beautiful, where she drove membership, organized events, and led social media campaigns. Brewer honed her writing at the North Texas Daily, UNT’s student-run newspaper where she wrote about faculty, mentorship, and student life. Brewer also previously worked at Optimus Business Plans where she helped start-ups create funding proposals, risk assessments, and management plans.
x

Check Also

The 5 Most Competitive Markets

Despite a general cooling down in competition, a new survey found that buyers in these ZIP codes remain in a bidding war for prime properties.

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.