AUSTIN-Auction.com will open a new office here on Sept. 3. The online real estate marketplace has taken down 7,000 square feet at Stone Lake Office Park, which will be its first location dedicated to client management and business development.

The location at 4030 W. Braker Lane will be led by Downs Deering, senior vice president of VIP pperations, who joined the company in July from Waste Management, and Michael Dean, vice president of residential sales, who recently joined Auction.com from Hewlett Packard.

Auction.com has already hired several local sales and business development executives from companies including Dell, LegalZoom, and Bazaarvoice. The company anticipates hiring up to 40 employees by year-end.

“Building and scaling a high-quality sales and business development team is a key driver to our continued success as a business,” says John Hood, executive vice president of C2C Inside Sales for Auction.com. “Austin was our first choice as a location since it offers an excellent talent pool of professionals from leading technology companies who have the experience to help us better serve our customers and enhance the current teams in our Irvine headquarters.”

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