Seller FAQS

You know that buyers come prepared to buy!  Other seller benefits include quick disposal, reducing long-term carrying costs, assurance of sale at true market value, accelerating the sale, creating competition among buyers, eliminating numerous and unscheduled showings and especially knowing that there is an aggressive marketing program that increases interest and visibility.

If I sell at auction, aren’t I giving it away?

Many people believe auction means bargain. Auctioneers understand this psychology and use it to draw large crowds of people which helps to ensure that the price is good for the seller. While there are indeed many good buying opportunities at an auction, the best articles in the world are sold at auction when pricing becomes difficult. The reason why people with very expensive items, and very modest items choose auction, is control. Through auction, the seller controls the time and terms of the sale, and virtually guarantees a marketplace by creating one if necessary. In strong real estate markets around the country you may have seen properties “listed for one price” and “sold above listing price”. What happens in these situations is an auction, except that rather than being opened by announcements as such to the entire marketplace, they are usually conducted between the two or three buyers that have found the listing at that time, and they make offers not knowing what the other offers are and how much they have to give to beat the others. In these cases, we think of them as listings, but really a limited auction is taking place, and it is acceptable to the seller or they would not be selling.

Why would I sell my Real Estate at auction?

Maybe you shouldn’t. Have a look at the cases below, If you are a seller contented with where you live, and are considering moving up if you can get the right price, you will find the real estate agent traditional listing a better vehicle to service your needs at that time. However, if you are liquidating or control a vacant property, you are not the same seller, and then the auction solution will suit you better.

What is the advantage of a combined Real Estate/ Inventory & FF&E Auction?

The biggest advantage lies in the ability to market and advertise both events simultaneously, eliminating the double expense of separate efforts. The secondary and most overlooked advantage lies in the double market penetration aspects of the advertising campaign. Many times we hear bidders explain how they were only looking for real estate, but ended up buying items from the inventory & FF&E auction that they didn’t even know they were looking for. This rule runs both ways as more often than not people that show up for the inventory & FF&E auction ultimately end up bidding on the real estate as well.

What advantages does an auction have?

The advantages are different for different sellers, but generally think of it this way. There are 3 elements of a real estate sale. The price you get, the time it takes to sell it, and the terms of the sale. In a traditional listing you don’t control any of these. You can’t predict how long it will take to sell, nor what conditions will be in the offer. You feel like you control price, but you really only control the right to say no and then keep the property. The buyer always decides the price. You merely accept or reject it. In an auction, you control both the time and terms because you set them. And the price is controlled to the same extent seen in the traditional listing with the seller’s ability to say no and refuse to sell. The difference with auction is that you are going to employ an aggressive marketing campaign to generate a high degree of interest and use the competition and the professional skills of the master auctioneer to drive the offer to its highest level. So the advantage of the auction is control.

Can I get a good price at auction?

The truth is that whether you offer your property at auction or by traditional real estate listing, the buyer is the one who is spending the money and therefore controls the price. In both cases you have the right to refuse any offer, but you can’t spend the buyer’s money for them. Our experience is that sometimes an auction leaves you feeling that you got more, and some times a listing leaves you feeling that way. The decision to auction or not to auction should depend on criteria other than getting the most money.

What is more important than getting the most money?

Getting the most money is important, to you and to us. But you can’t sell a property through a traditional listing and the auction process at the same time, so you should look at other information to help drive the choice. Information such as “Is the property currently being gainfully used by you at this time?” If it is, you may want to get a certain price or otherwise remain in the property. If not, then every day the property remains unsold is a net cost against your bottom line. Costs such as heat, hydro, taxes, insurance, maintenance, security, depreciation, and loss of return on the money invested otherwise are ongoing and mean that the longer it takes to sell, the less you ultimately put in your pocket. Another reason that you may choose auction is that you are selling the property for an estate or a friend, and you do not live close to where the property is. You are concerned about having the property on the market for an indefinite period of time while it sits vacant. An auction will give you firm control of the time line here and ensure you are able to sell it and move on. In these situations the risk of listing the property is higher than the risk of auction because you give up more in a listing.

Do I have any protection from what I feel may be too low of a price?

At our auctions we offer to do business with or without reserve. If you wish to sell without, then you must accept the best offer generated. Most of our properties however are sold with the seller having the right to accept or reject any offer. That is your protection against an unacceptable price.

How often do properties sell for less than appraised value?

This is a difficult question to answer because it suggests that listed properties typically bring their appraised price which is not true. Appraisals, while helpful in making decisions are an imperfect science. They are predictions of what a property should bring based on the best available comparable sales in the marketplace. If there are an abundance of sales of very similar properties, then the appraisal is probably an excellent prediction of price. If there are few sales of similar properties, then the appraisal may be very high or very low compared to actual sale price. This holds true in both traditionally listed properties, and for auction properties. We have sold properties for substantially more than appraisal, and for substantially less. In all cases, the seller agreed to the price, and the appraisals were in error by the amount they differed from the actual sale price.

What about Inventory Items & FF&E…do they sell well at auction?

Inventory & FF&E are best sold in tandem with the Real Estate at auction in our experience. While we do auction them separately when a customer requests it, the dual auction in most cases will best achieve the goals of the Seller. Real Estate/ Inventory & FF&E Auctions are also typically attended by more people than a non- Inventory & FF&E property. Competition is often greater, and prices better.

What kind of options are available to me through auction?

Real Estate auction holds many choices. These include selling live on site, live in a ballroom or office location, by fax, online, by mail, or by a combination of these methods. Auctions can take place with reserve, or without reserve. Most auction processes require the seller to pay for the cost of marketing the product while the buyer is responsible for the commission. Most real estate auctions can take place within 60 days of contact with our firm, with closing following typically in 30 days. Some properties can be sold faster, and some large properties may require a longer marketing period. We specialize in gaining a clear understanding of the customer’s needs, and then making a plan that best utilizes available technologies to best meet your goals.

What services do you supply?

We supply all one would expect in the auction business such as auctions of real estate and business & personal property. In addition we also appraise business assets & personal property, and arrange for real property appraisal if it is desired.

Aren’t all auctioneers the same?

Doctors are not the same. Lawyers are not the same. Real Estate agents are not the same, and auctioneers are not the same. Auctioneers offer a variety of services from specialties to very general auction services. Some are high service providers, and some are lower. Some have professional training, and some do not. When hiring an auctioneer, ask if they have experience in the field you require. If you call us, and we can’t service your needs, we probably know someone who can- anywhere in North America! We know how a traditional sale works.

Brokers:

Offer your clients new selling and purchasing options, increase revenue and market share, expose the property to many potential buyers (property is usually sold in six weeks), bring people in to look at all the listings, not just the auction listings and agents can earn commissions as referring, cooperating, or listing agent/broker.

Do you have other questions about selling assets at auction? Contact us today.

Buyer FAQS

In order for our buyers to be better informed and take confidence in their buying decisions, we have made revolutionary changes in the way property is sold at auction. The answer to questions that you find here reflect our way of conducting real estate auctions. When considering listings of other auction firms, be sure to completely familiarize yourself with the terms and conditions for each property.

What is the Source of Properties Offered For Sale by Atlantic Auction & Appraisals?

The majority of the properties we handle are quality properties and belong to private individuals who are usually highly motivated to sell and desire a safer and more expedient way to market their property. All auction properties are not what they used to be.

How Can I Preview a Property Prior to Bidding on It?

When your are ready to visit each property in person simply visit an open house (see scheduled times on each property page) or call one of our Realtors for a private showing. Additionally, most properties are available for preview at least one hour before the auction begins.

Do I Need to Be Pre-Qualified for Financing Prior to Bidding?

Getting pre-qualified is always recommended prior to making an offer on any property. Contact the listing agent for assistance and additional information or contact your Mortgage Banker.

What Kind of Real Estate Title (deed) Will I Get When I Buy an AAMG Listing?

In most cases, you will get a General Warranty Deed. This the highest form of real property deed that can be conveyed.

What are the Terms & Conditions for Bidding on an AAMG Listing?

Each one of our listings has Terms & Conditions that are specific to that property. Please review this important information on each property that you are considering.

What do I Need to do in Order to Place a Bid at Auction?

On sale day, arrive early, register for a bidding number and obtain a property information package.  The auction staff will be available one hour before the sale to answer any last minute questions you may have regarding the property or auction procedures. Bidding is open to the public. It is best to pre-determine in your mind what you are willing to pay for a particular property. As the auctioneer asks for bids, you need only raise your bidding card or instruct a bidders assistant to call out your bid for you. It’s that simple. Don’t worry about winking, blinking or scratching your ear… the Auctioneer will know when you are bidding!

If I am the Winning Bidder, What Do I Do Next?

Upon conclusion of the auction you will be instructed to complete the approved real estate purchase agreement. You will need to make a deposit in the amount stated in the terms section of each specific property listing. In most cases a personal check is fine. Your deposit will be held in an Escrow Account. Closing will be in approximately 30 days. The rest of the closing process will be just like buying a property through conventional means… Choose your own closing Attorney … Pick the lender of your choice … call the mover!

Can I Make an Offer on an AAMG Listing Prior to the Auction?

With most properties you can. In many occasions buyers want an answer right away and cannot wait until the auction occurs. We are required to present any and all offers to our clients for their consideration. It will be up to the seller to either accept the offer or to proceed with the scheduled auction. To make an offer prior to the auction contact the listing agent.

What is a Buyer’s Premium?

The Buyer’s Premium is added to the high bid and determines the final purchase price you will pay for the property. The amount of Buyer’s Premium if any will be indicated in the Terms & Conditions of each specific property.

Example: The Terms & Conditions of a property include a 10% Buyer’s Premium. The high bid on a property is $100,000. The total purchase price would be $110,000.

What are the Different Types of Auctions?

The most commonly used auction methods are Absolute and Reserve.

Absolute Auction: At an absolute auction the property will be sold to the highest bidder regardless of price. Using an absolute auction the only issue to be determined is the price itself. The property is sold as-is and there are no contingencies for property inspections and financing.

Reserve Auction: When a property owner sells using this type of auction they reserve the right to approve the final bid. These owners are just as committed to selling their property as in an absolute auction and they intend to have their property sold on auction day. The benefit to the buyer is that the reserve auction may allow for property inspections and provisions for financing.

Do you have other questions about buying at auction? Contact us today.

Auction Consultation Services

When it comes to selling large quantities of property – an estate, land with a home or other buildings – you require the expertise of people who can determine the true value of your assets. It takes more than a simple yard sale or classified ad to successfully sell cars, boats, heavy equipment and luxury items like jewelry and art. At Atlantic Auction and Appraisal, we offer auction consultation services from experienced auctioneers who are bonded, licensed by the state, and certified with Certified Auctioneers Institute (CAI), and we’re here to advise you on the best way to sell your assets.

Whether you need to sell inventory due to bankruptcy or relocation, or wish to reduce the size of your estate, we’ll walk you through each step to ensure you receive a fair price for every item.

Appraisals: We offer thorough reports of your assets to determine fair market value, and specialize in appraisals of everything from land to vehicles to patents and copyrights. Our reports are prepared in conformity with the requirements of the Uniform Standards of Professional Appraisal practice of the Appraisal Foundation’s Appraisal Standards Board, the Code of Professionals Ethics and Standards of Professional Practice of Appraisal Institute.

Pre-Auction Offers: When you have an especially popular item in your inventory, you may field offers from interested parties who wish to skip the bidding process and purchase it immediately. We’ll advise you on how to handle pre-auction, “buy it now” offers so you get a fair price from a reputable buyer.

Auctions and Events: Public auctions, charity events, and online auctions require detailed planning. Our experts can help you with everything from selecting the proper venue to hold your auction to organizing off-site bids and payments.

Contact Atlantic Auction and Appraisal today for information on our auction consultation services.

The Auction Process

DETERMINING THE SOLUTION

BUDGET

Generally the budget is determined based on total property/asset value and the available/appropriate researched targeted marketing required.

MARKETING

Consists of, but is not limited to: newspaper, direct mail, signage, online listings, email campaigns, radio/tv, etc.

AUCTION

What type of auction is best for you? What stipulations do you require, if any to have a successful sale? The seller and auctioneer must determine which options are best suited for the auction at hand:

  • Reserve
  • Absolute
  • On-site (preferred in most cases)
  • Online
  • Ballroom Setting (large-scale and signature offerings)
  • Courthouse (informal) Setting

Property Management

Atlantic Auction & Appraisals can assist you with the management of your commercial property. Through print media and various sources of social media, we can give your property exposure to the appropriate tenant base. We’ll screen potential tenants during the selection process, limiting any risks to the property owner. Our experience and longevity in the marketplace give us a keen insight in determining rental rates, negotiating leases and handling any maintenance issues. As a full-service property management firm, we can handle everything from its initial listing through rent collection while most importantly communicating with you, the owner. It is truly a turnkey process.

Give Atlantic Auction & Appraisal an opportunity to take all of your property management worries away. Contact us today with your questions.

Benefit Auctions

Since 1979, Atlantic Auction and Appraisal has not only overseen public and private auctions, foreclosures, and estate sales throughout the Mid-Atlantic, but we also specialize in organizing and managing charity events. We are a licensed and bonded, full-service asset management company, and we’re ready to help your school, church, or non-profit plan and execute a profitable benefit auction. Our CEO, William J. Summs, Sr., is a licensed auctioneer in three states (VA-619, NC-4789, FL-5771407) with decades of experience in charity events.

Our expert team has hosted galas and charity events throughout the Hampton Roads area. As new innovations in the auction process emerge, Atlantic Auction and Appraisal adapts to new technologies and methods for presenting assets to auction, collecting bids, and managing funds. Let us assist you in all aspects of planning your function to ensure success.

  • Event Planning: Whether setting up a benefit for 50 or 500 guests or more, we’re to consult on the right venue, marketing, and procedures.
  • Check-In/Cashiering: We’ll manage registration of your bidders and payments of auctions won.
  • Online Bidding: With online bidding, your charity event has the potential to reach wider audiences. We have the tools to monitor mobile and Internet bids for your assets.
  • Silent Auctions: We’ll oversee bidding for your next silent auction and display available assets for maximum exposure.
  • Contact Atlantic Auction and Appraisal today for more information on our benefit auction services.

Appraisals

Our team will analyze your assets and determine the fair market value (FMV). Upon completion of the analysis, we will provide a full appraisal report that includes:

  • On-site inspector
  • Analysis of assets
  • Photographs of assets
  • Factors affecting the value of appraised assets (identifying marks, condition, etc.)
  • Legal correspondance
  • Negotiations
  • Further research as needed

The reports are prepared in conformity with the requirements of the Uniform Standards of Professional Appraisal practice of the Appraisal Foundation’s Appraisal Standards Board, the Code of Professionals Ethics and Standards of Professional Practice of Appraisal Institute.

Atlantic Asset Management Group (AAMG) long known as – A MULTI-FACETED, FULL-SERVICE ASSET MANAGEMENT AND MARKETING FIRM.

We specialize in:
AUCTIONS | APPRAISALS | REAL ESTATE | BENEFIT GALA FUNDRAISING AUCTIONS | ASSET REMARKETING | PROPERTY MANAGEMENT | AUTO & TRUCK SALES

Headquartered in Norfolk, Virginia, Atlantic Asset Management Group, Inc. is a full service auction firm specializing in assets of substantial value. Fully licensed and bonded since 1979, we’ve been a leader in managing the sale of commercial and residential real estate, foreclosures, REO, furniture, fixtures and equipment, benefits, machinery, surplus vehicle sales, private treaty sales and online auctions throughout the Mid-Atlantic.

AAMG is an approved contractor for the U.S. Bankruptcy court and the FDIC.

Whether it’s a private treaty sale or a lender foreclosure, AAMG has earned recognition nationally as an award-winning auction and asset management firm. We are regularly holding multi-property auctions in the areas of Coastal Virginia, North Carolina, DC and Maryland. Sell your asset(s) with one of our multi-property auctions or in your own, exciting stand-alone event.

Through our accelerated marketing, we can achieve maximum results for our clients at auction.

Don’t Wait … Accelerate! Call us at (757)461-6867

At Atlantic Asset Management Group, we are much more than an auction company – we are a full service asset management company. Successfully facilitating an accelerated sale of real estate is no minor task. While others merely announce an auction date, time, and location then show up to call the auction, WE take another approach.

Whether it’s a private residential sale, a trustee’s sale, a bank ordered foreclosure or a secured creditor auction, we use a proven technique of accelerated marketing that we call The AAMG Way.

We begin marketing your asset auction 4-6 weeks prior to the auction with a specialized mix of targeted advertising through various print and social media sources. From right here in our own corporate office in Norfolk, VA, our professional advertising team will market your auction in a heavy mix of high circulation newspapers, trade magazines, websites and more. We offer customized signage and results-driven direct mailers, email blast campaigns, Facebook, LinkedIn and other social media outlets that reach tens of thousands of interested, qualified potential buyers.

The AAMG Way also cuts out the middle man. AAMG can facilitate both your pre-auction and post-auction needs. We do all the research so that buyers and brokers don’t have to by gathering all city and county tax reports, appraisals, assessments, surveys and more. We will leverage our 40+ years of experience in insure your property has the due diligence and preparation necessary to insure the highest sales price. We save potential buyers days of valuable time.

Are you the successful bidder and now a new property owner? AAMG can assist you with the management of your new property. Contact us about our property management services at 757-461-6867.

Our Property Information Packages (PIPs) have quickly become the envy of our competition because all the property information a buyer could ever need is available right at the click of a mouse. Our marketing efforts continue a dramatic build-up until the day of the event, where AAMG manages an easy-to-understand and entertaining auction experience for all bidders in attendance. Whether your property sells at auction or not, the work doesn’t stop there. We work to close the deal with existing bidders or act as your traditional selling agent to get the deal done.

To learn more about “The AAMG Way” please call us and speak to one of our regional representatives today at 757-461-6867.

A more comprehensive list of Atlantic Asset Management Group’s services includes:
•Commercial Real Estate • Signature Home Auctions • Foreclosure • Bankruptcy Trustees
•Realtor Referral Auctions • Special Assets • Secured Creditors • Business Inventories
•Telecom & Electronics • Automobiles • Benefit Auctions • Auction Fund Raising
•Business Equipment • Commercial Liquidation • Private Treaty Negotiation
•Sealed Bid Auctions • Online Auctions • Asset Appraisals

When you need to turn personal or business assets into resources quickly and efficiently, call the professional asset experts of Atlantic Asset Management Group.
757-461-6867

Frequently Asked Questions

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Our Services

Our services include auctions, appraisals, real estate, gala fundraisers, and asset remarketing. 

Terminology

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Sed efficitur enim malesuada lacinia tincidunt. Donec ultrices dolor mauris, non dictum dolor euismod ut. Aliquam dui erat, euismod vitae pellentesque nec, convallis in mi. Praesent eu urna ut lacus pellentesque porttitor suscipit maximus enim. Quisque et facilisis mauris, sodales egestas eros. Vestibulum ac hendrerit ante. Praesent eget magna molestie, convallis ex vitae, pretium ipsum. Proin vitae mi nec mauris imperdiet vestibulum a id ante. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Vestibulum ac libero sed ipsum cursus egestas vitae nec nunc.

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Selection Process

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Sed efficitur enim malesuada lacinia tincidunt. Donec ultrices dolor mauris, non dictum dolor euismod ut. Aliquam dui erat, euismod vitae pellentesque nec, convallis in mi. Praesent eu urna ut lacus pellentesque porttitor suscipit maximus enim. Quisque et facilisis mauris, sodales egestas eros. Vestibulum ac hendrerit ante. Praesent eget magna molestie, convallis ex vitae, pretium ipsum. Proin vitae mi nec mauris imperdiet vestibulum a id ante. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Vestibulum ac libero sed ipsum cursus egestas vitae nec nunc.

Vestibulum eros turpis, laoreet vel est sit amet, molestie luctus nibh. Nunc efficitur egestas sollicitudin. Donec ornare ante posuere ipsum mollis malesuada vel quis lorem. Morbi vestibulum bibendum est, vitae efficitur felis tempus et. Duis a dictum quam. Sed eleifend ipsum metus, quis aliquam mauris maximus et. Ut sit amet commodo sapien, eu porttitor ligula. Mauris mattis eleifend finibus. Donec luctus molestie libero. Morbi quis placerat quam. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Etiam commodo sem vitae elit mattis, tincidunt facilisis purus iaculis. Morbi at lacus scelerisque, bibendum nibh at, eleifend libero. Nulla mollis hendrerit eleifend.

Learn

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Our Team

ABOUT ATLANTIC AUCTION & APPRAISAL

AAMG – A MULTI-FACETED, FULL-SERVICE ASSET MANAGEMENT AND MARKETING FIRM

Headquartered in Norfolk, Virginia, Atlantic Asset Management Group, Inc. is a full service auction firm specializing in assets of substantial value. Fully licensed and bonded since 1979, we’ve been a leader in managing the sale of commercial and residential real estate, foreclosures, REO, furniture, fixtures and equipment, benefits, machinery, surplus vehicle sales, private treaty sales and online auctions throughout the Mid-Atlantic.

AAMG is an approved contractor for the U.S. Bankruptcy court and the FDIC.

Whether it’s a private treaty sale or a lender foreclosure, AAMG has earned recognition nationally as an award-winning auction and asset management firm. We are regularly holding multi-property auctions in the areas of Coastal Virginia, North Carolina, DC and Maryland. Sell your asset(s) with one of our multi-property auctions or in your own, exciting stand-alone event.

Through our accelerated marketing, we can achieve maximum results for our clients at auction.

DON’T WAIT … ACCELERATE! CALL US AT (757) 461-6867

At Atlantic Asset Management Group, we are much more than an auction company – we are a full service asset management company. Successfully facilitating an accelerated sale of real estate is no minor task. While others merely announce an auction date, time, and location then show up to call the auction, WE take another approach.

Whether it’s a private residential sale, a trustee’s sale, a bank ordered foreclosure or a secured creditor auction, we use a proven technique of accelerated marketing that we call The AAMG Way.

We begin marketing your asset auction 4-6 weeks prior to the auction with a specialized mix of targeted advertising. From right here in our own corporate office in Norfolk, VA, our professional advertising team will market your auction in a heavy mix of high circulation newspapers, trade magazines, websites and more. We offer customized signage and results-driven direct mailers and email blast campaigns, and social media outlets that reach tens of thousands of interested, qualified potential buyers. The AAMG Way also cuts out the middle man. We do all the research so that buyers and brokers don’t have to by gathering all city and county tax reports, appraisals, assessments, surveys and more. We save potential buyers days of valuable time.

Our Property Information Packages (PIPs) have quickly become the envy of our competition because all the property information a buyer could ever need is available right at the click of a mouse. Our marketing efforts continue a dramatic build-up until the day of the event, where AAMG manages an easy-to-understand and entertaining auction experience for all bidders in attendance. Whether your property sells at auction or not, the work doesn’t stop there. We work to close the deal with existing bidders or act as your traditional selling agent to get the deal done.

To learn more about The AAMG Way please call us and speak to one of our regional representatives today.

A more comprehensive list of Atlantic Asset Management Group’s services includes:

  • Commercial Real Estate
  • Signature Home Auctions
  • Foreclosure
  • Bankruptcy Trustees
  • Realtor Referral Auctions
  • Special Assets
  • Secured Creditors
  • Business Inventories
  • Telecom & Electronics
  • Auction Fund Raising
  • Benefit Auctions
  • Commercial Liquidation
  • Private Treaty Negotiation
  • Sealed Bid Auctions
  • Online Auctions
  • Asset Appraisals

When you need to turn personal or business assets into resources quickly and efficiently, call the professional asset experts of Atlantic Asset Management Group.


 

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Section 2

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Section 2.1

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The quick brown fox(1) jumps(2) over the lazy dog.

Atlantic Asset Marketing Group, Inc.

1195 Lance Road
Norfolk, VA 23502

phone: (757) 461-6867

M-F 9am - 5pm
Sat Closed
Sun Closed

 


Get in touch

Do you have property you'd like to sell? A question about one of our auctions? We'd be happy to hear from you. Just fill out the form, and we'll get back with you as soon as we can. 

If you'd rather not use a form, you can email us directly here: info@atlanticremarketing.com

Upcoming Auctions

AAMG – A MULTI-FACETED, FULL-SERVICE ASSET MANAGEMENT AND MARKETING FIRM

Headquartered in Norfolk, Virginia, Atlantic Asset Management Group, Inc. is a full service auction firm specializing in assets of substantial value. Fully licensed and bonded since 1979, we’ve been a leader in managing the sale of commercial and residential real estate, foreclosures, REO, furniture, fixtures and equipment, benefits, machinery, surplus vehicle sales, private treaty sales and online auctions throughout the Mid-Atlantic.

AAMG is an approved contractor for the U.S. Bankruptcy court and the FDIC.

Whether it’s a private treaty sale or a lender foreclosure, AAMG has earned recognition nationally as an award-winning auction and asset management firm. We are regularly holding multi-property auctions in the areas of Coastal Virginia, North Carolina, DC and Maryland. Sell your asset(s) with one of our multi-property auctions or in your own, exciting stand-alone event.

Through our accelerated marketing, we can achieve maximum results for our clients at auction.

B.A. Andrews — Past Auction Goer

Last week I met with William J. Summs, Sr. who owns an auctioneer company. His ph # is 757-461-6867 cell is 286-6460 email: wjsumms@atlanticREmarketing.com.
I have attended a couple of his auctions and the last one he had was held at Rudee Inlet and he sold the house one day and the next day he sold the boat that was parked at Rudee Inlet. What was surprising is that he had 80 people come to the boat auction and a lot of people were from New Jersey and New York.

Take time to call Billy and let him explain to you how the auction works. It is certainly worth a try and an opportunity to get the boat sold.

Carey Flannery, Walsingham Academy

I wanted to thank you for what you did for us at the auction the other night!! We had such a successful evening and I truly feel that wouldn’t have happened without your help and enthusiasm. I know you were in a great deal of pain and I am so grateful that you were still able to make it to Williamsburg for us. I apologize for not being able to say “Thanks” in person that night. I got so busy towards the end that I wasn’t able to catch you before you left. Please know Walsingham is so grateful to you and your wife, as well as Bonita and Ray! I received the final numbers at our Parent Board meeting last night and we raised $140,000! After taking out expenses our profit was $94,000! What an Amazing increase from last year. I am so please with the numbers and attendance. Let’s meet sometime in the coming weeks to discuss the changes we can make for next year.

Susan Bernard, Executive Director D’Art Center, Selden Arcade

Great job! You really did a great job for the d’ART Center Sat. night. So many of those paintings were going no where until you put your magic on them and then the bidding ended far above their retail. Thanks for all the extra efforts.

And many thanks for the Grey Goose which was a huge success! We are very grateful for your support. The Reverse auction was terrific!

Your crew did a terrific job as well. The registration and check out were smooth and quick.

While it is all fresh in your mind, please send along any tips or suggestions for making next year’s event sharper and better.
Again, many thanks for all you do for the d’ART Center.

Alan Foster, Craters & Freighters

I really appreciate the wonderful and helpful job they are doing. Not only have they been very good to me, but all of the customers I have seen out there have been helped instantly and professionally. You all run a professional auction and the after auction help is a wonderful surprise. Great job to all!Thanks for having me in to meet and work with you, I look forward to working with you again in the future.
 

Mayor Paul Fraim, City of Norfolk, VA

On behalf of the Boards of Directors of the USS Wisconsin Foundation, The National Maritime Center Foundation, and the Hampton Roads Naval Historical Foundation, I would like to express our gratitude for your generous support of the first USS Wisconsin Gala. Your particiapation contributed greatly to the tremendous success of this wonderful event. It was a warm, but beautiful evening, the food was outstanding, the auction exciting and the excitement genuine. As a result of your generous participation and donations to the Gala and Gala auction, we netted over $50,000 for the three foundations.

Once again, thank you for your outstanding support of USS Wisconsin.

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