Since our founding in 1990, Ten-X has distinguished itself as the world leader in maximized asset disposition strategies, asset management and real estate sales. Our expertise lies in selling residential, commercial, luxury homes, multi-family and hospitality properties, land, as well as performing and non-performing notes and loan pools.

As the nation’s leading online real estate marketplace, Ten-X has sold more than $20 billion in assets since 2007.

In 2011, our residential sales totaled $1.8 billion and 35,000 homes auctioned. Our commercial real estate division auctioned 1,169 Notes totaling over $4.6 billion at a recovery rate of 52 percent; additionally, it auctioned 1,087 REO valued at $1.2 billion with an average recovery price at 103 percent of the reserve.

Working directly with lenders, financial institutions, developers and private parties, Ten-X conducts auctions throughout the United States and abroad, ranging from live ballroom mega-auctions to local on-site and courthouse auctions, plus online auctions through the use of our proprietary and best-in-class online auction platform.

Home buyers and investors alike have the opportunity to bid live at our ballroom auctions, online against ballroom bidders using our webcast platform, or participate in online only auctions through our state-of-the-art online bidding system where buyers bid in real time as the auction progresses.


Company Growth (employees)
Type
Private
HQ
Irvine, US
Founded
2007
Size (employees)
1,222 (est)
Ten-X was founded in 2007 and is headquartered in Irvine, US

Ten-X Office Locations

Ten-X has an office in Irvine
Irvine, US (HQ)
1 Mauchly

Ten-X Financials and Metrics

Summary Metrics

Founding Date

2007

Total Funding

$141.8 m

Latest funding size

$50 m

Time since last funding

over 3 years

Investors

Ten-X's latest funding round in March 2014 was reported to be $50 m. In total, Ten-X has raised $141.8 m. Ten-X's latest valuation is reported to be $1.2 b.

Ten-X Financials

USD

Market valuation

1.2 b
Show all financial metrics

Ten-X Median Salaries

Source: 29 public H-1B filings from Ten-X

Traffic Overview of Ten-X

Ten-X Online and Social Media Presence

Ten-X News and Updates

THL takes majority stake in online real estate marketplace Ten-X

Thomas H. Lee Partners LP has acquired a majority stake in California-based Ten-X, an online real estate marketplace. No financial terms were disclosed. As a result of the deal, Stone Point Capital and CapitalG will retain their minority stakes in Ten-X. Wells Fargo Securities LLC and J.P. Morgan Se…

Ten-X: Housing inventory hovers more than 50% below prior peak

Home sales remain significantly below their previous peak levels, due in part to the low levels of housing inventory in both new and existing homes. A new report from Ten-X shows new housing inventory is still 50% below its previous peak, and existing home inventory is lower still.

Eva Tapia joins Servicelink as SVP of foreclosure operations

Tapia, a 2016 HousingWire Woman of Influence, will serve as senior vice president of foreclosure operations for ServiceLink and oversee the management of all foreclosure auction services for ServiceLink.

[Charts] Ten-X: We are definitely not in a housing bubble

Ten-X Executive Vice President Rick Sharga gave some insight into home prices, saying we are definitely not in a housing bubble. While home prices continue to increase, hitting or even surpassing their previous peak, these numbers are not inflation-adjusted. These graphs show the real state of home …

Private equity firm Thomas H. Lee Partners acquires majority interest in Ten-X

Ten-X, the parent company of Auction.com, has experienced significant growth ever since the company received a $50 million investment from Google Capital back in March 2014. Now, the company is setting the stage for its next phase. Ten-X announced Wednesday that Thomas H. Lee Partners, a private equ…

Ten-X predicts drop in existing home sales

Ten-X released its latest report, forecasting a monthly and annual drop in existing home sales in June. The report showed home prices will continue to increase, but as long as the labor market remains strong and wages continue to increase, the housing market will remain on solid footing.

Ten-X Company Life and Culture

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