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We offer a complete line of Commercial Asset Recovery Services including live, internet or tandem auctions featuring both live and internet bidding, sealed bid solicitations, private treaty sales and negotiated buyouts of heavy equipment or fleet vehicles from $5,000 to $1M. We can arrange for transportation of trucks, construction equipment as well as rigging and hauling for plant equipment such as printing presses, restaurant equipment and business inventories when deemed as necessary.
Please contact us for a no-obligation, no-cost consultation. Compare the rates and fee structures to our competitors. We can almost always save our clients money!
Years Experience
0
Bonded Auctioneer
Happy Customer
0
K+
Specialties
For almost 35 years I have specialized in Bankruptcy and Business Liquidations working as a Bonded Sales Agent to the US Bankruptcy Court, Attorneys and State or Federal agencies. Our past and present list of clients includes:
- FDIC
- FBI
- Alexandria, VA. and Greenbelt, MD District Bankruptcy Courts
- Specializing in Liquidations of all types for Lenders, Secured Creditors or as a Bonded Agent of the US Bankruptcy Court.
- Fairfax, Loudoun and Prince William County
- VA Governments
- Dulles and National Airports.
Estate Sales
When we entered the auction business almost 25 years ago, there were two methods used to liquidate household effects – Auction Houses and Estate Sales. Well, there are no more auction Houses to speak of and I was never a big fan of the traditional “Estate Sale”. Most Estate Sales were glorified yard sales where the “host” priced out and tagged the entire contents of a home and advertised the sale – usually on a Saturday.
At dawn, there was a long line that snaked up to the home and around 8:00 the home was opened up to a bull rush as live bidders ran from room to room trying to pick up the best pieces available. Around Noon, the host would discount the remaining items 10-20% and several more price reductions followed into the afternoon. At the end of the event, there were usually items which remained unsold and the owner usually had to donate them to charity.
We have chosen to take a different approach where we prepare an online catalog of digital pictures, host them on a platform for 7-10 days or longer where competitive bidding can occur. We still have a traditional preview and a predetermined pick up and removal date. Our system results in a lot less wear and tear on the property as we are only dealing with serious prospects at the preview and the winning bidders at pickup and the items are placed in a competitive bidding arena.
Testimonials
We can’t thank you enough for your services in liquidating the antique cars in the Sperryville, Va. Estate. The entire process from pickup to arranging delivery to the new owners was seamless. Your pre auction estimates met or exceeded the values on each vehicle. We never imagined the cars would end up in so many different states and outside of the United States. Thanks again.
A. HenryExecutor Rappahannock Co. Virginia
When someone has the responsibility for turning property of any sort into as much cash as the market will bear, it’s pure folly not to engage the services of an experienced liquidator like Nick Arrington. Always the professional, he had a knack for making people enjoy dealing with him, was always prepared, and made me look good. I can’t thank him enough.
Bob TylerChapter 7 Trustee
Tasked with settling my brother's estate, I needed someone who could handle an online auction as well as someone who had the expertise to handle a large collection of antique cars and car parts accumulated over 50 years. Arrington Auctions fit the bill perfectly. His auction strategy and targeted marketing was spot on, resulting in over 64,000 online catalog views and over13,500 bids between the two auctions. Arrington Auctions handled everything associated with the auction from developing the inventory, marketing, executing the auction, to handling delivery of the items to highest bidders, including shipping cars across the US and even overseas. The auction results far exceeded my expectations. Even the estate lawyer congratulated me on such a successful auction and asked for the name of the auction company to refer to future clients. Mr. Arrington's professionalism, integrity and results makes it easy for me to refer Arrington Auctions to anyone in need of a top tier auction company.
Mark FarkasCEO
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