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Hendrix Auction Co in Jonesboro, AR

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Auction

Date


LIVING ESTATE OF JERRY HENDRIX

Sat. Aug 27, 2022


About Hendrix Auction Co

Graduate of Missouri Auction School in 1979. Member of Arkansas & National Auctioneer Association. I have been a licensed Real Estate broker since 1982. I hold auctioneer licenses in Arkansas, Tennessee, Missouri and Mississippi. We conduct 40-50 auctions a year, consisting of Real Estate, Farm Equipment, Estates, Antiques, Business Liquidations, Bankruptcies and Industrial. Also I am employed by Adesa Auto Auction and Memphis Auto Auction as a contract Auctioneer in Little Rock, AR and Memphis, TN. We have an Auction Complex located on Hwy 18 east of Jonesboro. It features a 5000 sq. ft. building w/heat and air including 5 acres. We sell estates and any type of asset recovery. We also have 3 or 4 farm equipment auctions at this facility a year. The Auction Industry is growing at a rapid pace. Real Estate was the most active live-auction category in 2004. Land and agricultural real estate sales showed an increase of 14.7 percent over last year. Selling property at auction has several benefits over conventional marketing methods. An Auction allows property owners to move the property quickly, usually within 30 days, while receiving a larger return on investment by avoiding the usual taxes, fees and interest during the pending sales process that diminish the ultimate return. Also, an auction creates an urgency to buy by gathering qualified buyers at one time and place, creating a feeling of excitement that can often raise the property's selling price. Hendrix Auction and Realty has proven that real estate can be sold at auction. In the 1980s we sold very little real estate at auction. In the 90s we saw an increase in this market. The last 5 years our real estate business has been great and all signs point to continued strong growth in this area. In the future you will see more buyers and sellers using the auction method of real estate. Call Hendrix Auction and Realty, and let our 26 years of experience make your auction a success.

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