Ten-X unveils two new transaction platforms

Ten-X, the online real estate marketplace, has announced the launch of two new transaction platforms developed specifically to empower buyers, sellers and real estate professionals to buy and sell residential and commercial real estate (CRE) online with ease and confidence. The company will unveil Ten-X Homes, created especially for buying and selling move-in ready homes, and Ten-X Commercial, the next iteration of its proven CRE offering, at the South By Southwest (SXSW) Interactive Festival, which opens today Friday, March 11th. "We're on a mission to make the experience of buying and selling properties exponentially better for everyone involved," said Ten-X CEO Tim Morse. "Our new platforms combine the familiarity of traditional real estate transactions with the transparency, efficiency and ease that the Internet has brought to other market sectors, like travel and financial services, and sets a new standard for our industry." Both platforms deliver enhanced flexibility, control and simplicity and are optimized for use on desktops, tablets and smartphones. Representatives from the company, which is a major sponsor of SXSW Interactive, will be on hand to discuss Ten-X Homes and Ten-X Commercial, and demonstrate the groundbreaking functionality of each. Ten-X (formerly Auction.com) has a long history of real estate industry leadership and proven success in making online transactions simple, transparent and efficient for buyers, sellers and real estate professionals alike. Since being founded in 2007, the company has sold more than $37 billion in residential and commercial real estate. With its January 2016 rebrand to Ten-X, the company laid out plans to grow three distinctive lines of business – Ten-X Homes, Ten-X Commercial, and Auction.com, its online marketplace exclusively focused on the sale of residential bank-owned and foreclosure properties with new enabling technologies and programs. "Real estate is truly moving online," said Ten-X Chief Marketing Officer Rick Sharga. "Whether you're a consumer looking to buy or sell a home, or a commercial real estate investor hoping to build out your portfolio of properties, we have what you need to be successful: a proven platform, a simplified process, and the information and tools you need to confidently buy and sell real estate online – whenever, wherever and however you want to." Source: PRNewswire