IRVINE, CA—Auction.com's recently launched incentive program—available through April 30—offers commercial real estate brokers $10,000 to test-drive its platform. But the benefits of the program—and working with Auction.com—go far beyond that initial amount, SVP and director of business development Joseph Cuomo tells GlobeSt.com exclusively. We spoke with Cuomo about the program, what makes it unique and what brokers can hope to get out of becoming a part of it.

GlobeSt.com: What should our readers know about this broker-incentive program?

Cuomo: The $10,000 incentive we are offering is simply to introduce brokers to Auction.com. But we're not intending for this to be merely a one-time encounter. We don't want to do just one deal with you; we want to do 100 deals with you! This program welcomes brokers into the Auction.com family, and it allows us to show them the power of the Auction.com platform. We want brokers to view Auction.com as a value-added resource, and as a partner who can enhance their business. We're not out to replace brokers. We believe that brokers play a vital role in the real estate process. When Auction.com and brokers work together, sellers get the best of all worlds: local market knowledge and a global reach – backed by a powerful online auction engine to achieve optimal results. And all of this is at no cost to the broker or seller.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.