theMReport.com Your trusted source for mortgage banking news
Rick Sharga has departed Carrington Mortgage Holdings to serve as EVP for ""Auction.com"":http://www.auction.com/, the online real estate marketplace announced in a release.
[IMAGE]From his office in Auction.com's Irvine, California headquarters, Sharga will serve as the company's chief spokesman on topics related to the U.S. housing market, mortgage market, commercial real estate, and international real estate.
Sharga has more than 30 years of experience in real estate, mortgage, and technology marketing. He is one of the country's most frequently quoted sources on real estate trends, having appeared on the CBS Evening News, NBC Nightly News, CNN, ABC World News, CNBC, FOX, and NPR. He has also briefed government organizations and corporations on foreclosure trends and done foreclosure training for several leading real estate organizations.
""During his career Rick has served as an expert commentator on the real estate industry and led marketing efforts for Fortune 500 companies,"" said Auction.com co-president Jake Seid. ""His knowledge of and ability to speak authoritatively about the trends that are driving our business will help to deepen understanding of the ways in which Auction.com can better serve the needs of commercial and residential buyers and sellers through our innovative online marketplace.""
Sharga began his career with Foote, Cone & Belding and has since held executive positions with a number of firms, including McGraw-Hill and RealtyTrac. He most recently served at Carrington as EVP.
In addition to his real estate expertise, he has more than 20 years of experience developing corporate and product sales and marketing strategies for corporations such as DuPont, Fujitsu, Hitachi, Toshiba, and others.
He also is president of the Technology Council of Southern California and VP of the board of directors at REOMAC. In addition, he is a member of the editorial advisory board for _DS News_, _MReport's_ sister magazine.
""The Internet is fundamentally changing the process of buying and selling real estate and Auction.com is facilitating that change as the industry's leading online marketplace,"" Sharga said. ""Auction.com presents a unique opportunity for me as it is the perfect intersection of my career experience and a company that is harnessing the power of technology, efficiency and transparency to define a future that will better serve buyers and sellers.""
