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» VISIT US ONLINE @ DSNEWS.COM 63 SPECIAL ADVERTORIAL SECTION TEN-X 1 MAUCHLY, IRVINE, CA 92618 » 949.609.5376 » KELLYC2@AUCTION.COM ten-x.com LENDERS & SERVICERS OUTSOURCERS AGENTS & BROKERS ATTORNEYS SERVICE PROVIDER COMPANY DESCRIPTION: Ten-X is the nation's leading online real estate marketplace and the parent to Ten-X Homes, Ten-X Commercial and Auction.com. To date, the company has sold 200,000+ residential and commercial properties totaling more than $37 billion. Leveraging desktop and mobile technology, Ten-X allows people to safely and easily complete real estate transactions entirely online. KEY PERSONNEL » » Tim»Morse,»Chief Executive Officer and Director » » Jason»Allnutt,»General Manager, Residential » » Rick»Sharga, Chief Marketing Officer » » Javid»Jaberi, Executive Vice President, Residential Operations » » Kelly»Chapman,»Senior Vice President, Client Management NUMBER OF COMPANY EMPLOYEES: 1,000+ GEOGRAPHICAL SCOPE AND COVERAGE AREA Properties all across the U.S., with buyers from around the globe. COMPANY HISTORY: Ten-X, which is the parent to Ten-X Homes, Ten-X Commercial and Auction. com, was founded in 2007 by long-time auctioneers and entrepreneurs Jeff Frieden and Rob Friedman, and was originally focused on selling distressed homes via live auction events. In 2009, with a goal of making transactions easier and more transparent for buyers and sellers, they began to leverage Internet technology to create what is now the nation's leading online real estate marketplace. When the foreclosure crisis hit, the company (then Auction. com) became the go-to resource for financial institutions looking for a better, faster way to market their distressed assets. The business also expanded into the commercial real estate market in 2009. The company, which rebranded as Ten-X in early 2016, recently began to transition into the traditional, non-distressed residential real estate market. With that transition came the emergence of Ten-X Homes, a transaction platform created especially for buying and selling move-in ready homes online via auction and an online process that more closely resembles the traditional real estate sales process. BUSINESS LINES, SERVICES, AND PRODUCTS: » Ten-X Homes—a new transaction platform created especially for move-in ready homes and offering more traditional transaction options that appeal to a consumer audience – an ideal platform for servicers marketing move-in-ready REO properties » Ten-X Commercial—a new transaction platform focused on the sale of commercial properties across the country, offering both auction and non-auction transaction processes » Auction.com, a Ten-X company—The nation's largest online real estate marketplace, now exclusively focused on the sale of bank- owned and foreclosure properties via online auctions as well as live trustee sale events KEY FEATURES/BENEFITS: Ten-X Homes empowers consumers—on their own, or with the help of a real estate agent—to do everything involved in the process of buying and selling a home. Users are able to search for homes, or easily create their own property listings, negotiate prices and terms, manage offers and complete sales transactions all online. Ten-X Homes streamlines the negotiation process by enabling buyers, sellers and their agents to submit, accept and reject counteroffers easily and with complete transparency. At any given time, a buyer, seller, agent, title or escrow officer, or lender can securely log in and use Ten-X's proprietary Transaction Manager feature to complete their tasks online and see when the sale is expected to close. WHAT SETS YOU APART FROM YOUR COMPETITORS? Ten-X has a unique combination of online platforms covering traditional and institutional residential properties as well as commercial properties; no other company offers this wide range of services. The company has the most extensive suite of online and mobile products in its competitive set. WHAT ADDED VALUE DO YOU BRING TO YOUR CLIENTS?: Ten-X leverages Internet and mobile technology to streamline real estate transactions. Its extensive reach and sophisticated multi- channel marketing approach gives buyers access to properties across the U.S. and sellers access to millions of potential buyers from more than 100 countries worldwide for enhanced execution. The company's online platform empowers buyers, sellers and agents by simplifying the home-buying process and providing complete transparency. This helps reduce the risk of fraud and ensures that all interested parties have the opportunity to participate in a transaction. And, as consumers demand more access to information, Ten-X has developed mobile applications designed to meet those needs—an iPad app that has facilitated tens of millions of dollars in sales over the past year, and an iPhone app that has proven popular among investors. WHAT ARE THE KEYS TO YOUR SUCCESS?: The ongoing success of Ten-X and all three of our lines of business is a result of: » A culture that is sharply focused on being aligned with and committed to the needs of our customers and our people » Deep industry knowledge enhanced by data science, and » Superior execution stemming from strategic clarity and prioritized investment. WHAT INDUSTRY AWARDS, ACCOLADES, AND MILESTONES HAS YOUR BUSINESS ACHIEVED?: » Stevie Award for Innovation (2013 and 2015) » Google Capital Investment (2014) » Mobile Excellence Award (2014) » Unveiled the first real estate Nowcast, which leverages industry, transactional and Google search data to predict housing market trends as they are occurring—weeks before the release of findings from other benchmark studies (2014) » Facilitated the largest online real estate transaction ever and the largest verified ecommerce transaction in history based on current Guinness World Records information: The $96.075 million sale of Manhattan Towers, a two-building, 309,734-square-foot office property in Manhattan Beach, California (2015)

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