Absolute Auctions are simply explained as an item being sold to the highest bidder regardless of the ending bid price, and there can be no reserve price which must be met or exceeded before the item can be sold.
There are opportunities to make amazing investments at an absolute auction. Rowell Auctions takes great pride in our large number of absolute auctions we conduct each year. We’ve found that absolute auctions offer great opportunity to both our sellers and our buyers. With the recent increase in auction events nationwide an absolute auction carries with it an assurance that the auction item will be sold that day to the highest bidder,regardless of price. Bidders are competing for ownership of an item and not just the opportunity to place an offer. Absolute auctions can be some of the most exciting auctions to watch and participate in.
Rowell Auctions, Inc. is a well established and reputable auction firm based in Georgia that specializes in online real estate auctions and on site land and farm auctions. We market a wide range of auction needs from the very small estate sale to the large corporate commercial projects. This includes (REO) bank owned auctions,foreclosure auctions, bankruptcy auctions, single family home auctions, as well as land auctions, farm auctions, equipment auctions, and estate property. Established in 1936, Rowell Auctions, Inc. continues to thrive today with a professional and highly accredited team of licensed auctioneers and appraisers with a wealth of experience conducting auctions online and throughout the entire United States. We invite you to explore our website and to contact us for any questions you may have.