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Macon, Georgia - Auction Houses search results Premier Listings

Popular House Auction Terms

In 2010, 2.87 million homes were repossessed and auctioned due to defaults on mortgage payments. Fortunately, this trend has made it more affordable for new homeowners to acquire property through auctions. Similiar to real estate auctions are estate sales, in which a deceased person's possessions are sold in one auction or piecemeal. Here is some of the common terminology used in the practice of auctioning real estate and estate sales.

  • Absentee Bid – If you’re dying for a rare antique you found on an online auction but can’t make the showing, consider placing an absentee bid. This bid can be submitted orally or in writing in lieu of your presence
  • Accredited Auctioneer, Real Estate – The Auction Marketing Institute designates this professional certification to auctioneers who possess the proper education credentials and a track record of good practices and ethics.
  • Appraisal – When a home is appraised, its property value is assessed by a third-party company. This information is essential to placing a bid.
  • Bank Letter of Credit – When a bidder is not paying with currency, a certified letter from the bank may be obtained to verify the person’s eligibility for credit.
  • Bid History – A historical account of all the bids made at an auction. By looking at the bid history, you can find out whether it’s worth it for you to place a bid yourself.
  • Estate Sale – An estate sale will involve an auction selling all of a deceased person’s property, including the person’s land, house, fine art, jewelry and other items of value.
  • Tax Sale – A tax sale differs from a foreclosure. A house is foreclosed as a consequence of mortgage default. A tax sale is conducted by the government when property taxes are not paid.
    National Auctioneers Association
    Overland Park, KS 66214
    The National Auctioneers Association represents the interests of the premiere auction houses and auctioneers across the country. Providing networking and business resources for your auction house.
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    Insurance Auto Auctions Inc
    125 Old Highway 138, Loganville, GA 30052
    (1) Review Write a review
    (770) 784-5767
    User Review: "I agree your terms I do understand fully and will comply" - polo (GA)
    Classic Groundcovers Inc
    405 Belmont Road, Athens, GA 30605
    Contact Classic Groundcovers Inc at 800-248-8424 for wholesale, to the trade only, ground cover plant material, when a customer needs it.
    (706) 543-0145
    Southtrade Asset Solutions
    3368 Highland Forge Trl, Dacula, GA 30019
    (1) Review Write a review
    (770) 385-1771
    User Review: "Good company with mad people and service. thanks for the good job."
    Grant Auction Co
    3439 Fulton Mill Rd, Macon, GA 31206
    (478) 757-9394
    National Rent to Own Liquidato
    3423 Pio Nono Ave, Macon, GA 31206
    (478) 784-6440
    T Lynn Realty and Auction Co
    4459 Broadway, Macon, GA 31206
    (478) 788-4091
    An Estate Liquidation Company
    2014 Riverside Dr, Macon, GA 31204
    (478) 737-5654
    Middle Georgia Estate Sales
    2390 Ingleside Ave, Macon, GA 31204
    (478) 742-1090
    All Access Auctions
    3706 Mercer University Dr, Macon, GA 31204
    (478) 474-3002
    L W Benton Company Inc
    107 Oak Valley Dr, Macon, GA 31217
    (478) 744-0027
    Hudson & Marshall Inc
    10761 Estes Rd, Macon, GA 31210
    (478) 743-1511
    Bradley-Wayside Auction Inc
    1035 Monticello Hwy, Gray, GA 31032
    (478) 986-4413
    Lumber Liquidators
    150 Tower Centre Dr, Byron, GA 31008
    (478) 225-4604
    J. C. S. Auctions
    1664 Ga Highway 22 E, Haddock, GA 31033
    (478) 932-8100
    Cash Liquidations, Inc.
    684 Indian Springs Dr, Forsyth, GA 31029
    (877) 793-5118

    Auction houses provide venues for people to offer various items of property for sale in a specific way. People can bid on property presented in auctions at more informal locations, or even online through websites such as eBay. Auction houses, on the other hand, can provide a greater assurance of professional standards. For one, auctioneers may appraise the value of works of art prior to people arriving to bid on these. Auction houses thus aim at facilitating the sales process. These establishments can be operated either by government or private, profit-driven entities. The former option can come into play when property owners have violated laws or regulations. The government might thus put up the cars which previously belonged to criminal offenders for sale. Without reducing the prices for which property is fully worth, furniture auctions and other transactions of this kind could provide benefits to less wealthy individuals. The more common and widespread venue of private auction houses can allow for visitors to bid for rare items of property. They could show, for instance, rare art, jewelry, or coins. Real estate, such as buildings or parcels of land, might also be presented to potential purchasers in this manner. When homes are foreclosed upon, auctioneers could place such items of property on the market. The inventory of varied items presented at auction could also assist people in adding historic or antique pieces to their collections. Auction houses generally represent likely locations for finding antiques and the like. While auctioneers can act dishonestly by rigging bids, all who do so will typically suffer legal ramifications, like fines, and a diminished professional reputation. In any case, auction houses should do all they can to preserve the compact of trust between themselves and their customers.
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