ATLANTA, Georgia (Feb. 6, 2015) — After selling $4.5 million worth of real estate in his company’s first four auctions of 2015, auctioneer John Dixon has no plans to rest. In fact, John Dixon & Associates is already busy lining up sellers and researching properties for a multi-seller event in March.
“We’ve had two bank auctions and two other multi-seller auctions, and I expect that’s how things will go in the coming months. There are still lenders with foreclosed properties they need to get off the books, so those will continue. But we also have a lot of people – hedge funds, small investors and individuals – who have been acquiring real estate at bargain prices in the last five or six years. Now a lot of those are sitting on profits, and they’ve improved some properties and seen others increase in value, so they’re ready to sell. By pooling the properties and expenses in multi-seller sales, we’re making it easier for them to sell in a John Dixon auction,” said Dixon, founder and president of the company.
“Our first two multi-seller events in Tallahassee and Atlanta were a big success, and we were able to get a lot of property sold for all types and sizes of sellers, from hedge funds to individuals. Already, some of the same people who sold in our first two multi-seller auctions have approached us about selling more in our next one. We’ll announce details on dates and locations soon, but for now, anybody with real estate to sell – even if it’s one or two properties – needs to give us a call and get the process moving,” said Dixon.
The auctions in late January and early February included more than 190 properties primarily in Georgia, Florida, Alabama, North Carolina and South Carolina. They attracted a total of 108 live and 336 online bidders.
“It’s a good time to sell, because there’s a lot of demand out there. Our auctions have become better known, and we’re attracting more people than ever,” said Dixon.
Individuals seeking additional information may visit www.johndixon.com or call 800-479-1763.
John Dixon & Associates, based in Atlanta with offices in Tennessee, Florida and North Carolina, is one of the nation’s largest auctioneers of real estate properties, including land, homes, developments, condominiums, farms and other properties owned by individuals, investors, banks and other institutions.