The finest assets in the world are sold at auction, including fine art, antiques, racehorses, and collector cars, among other collectibles. Selling real estate should be no different.
At Powell Auction & Realty, we are dedicated to helping Sellers receive the highest value for their property, by securing a completely contingent-free sale in a timely manner. When selling real estate, Sellers deserve absolute certainty when it comes to selling their most valuable asset. Selling at auction establishes certainties that no other method of selling can guarantee.
Each year we sell properties ranging from small unimproved building lots, farms consisting of hundreds of acres, commercial development land, and multi-million dollar lakefront properties – just to name a few, with no project being too big or too small for our team to handle. After being in business for over 50 years and over 250 years of combined auctioneer experience, Powell Auction & Realty holds the skills and experience needed to facilitate any type of real estate auction. We handle every aspect of the auction, including open houses & property showings, photography & videography, marketing & advertising, the auction itself, and more. Our real estate auctions are entered into the Knoxville Area Association of Realtors MLS where over 6,000 licensed agents have the opportunity to view and show the properties, as well as syndicated to over 100 real estate websites, including Zillow, Trulia and Realtor.com.
Not ready to auction?
Being tasked with the responsibility of liquidating the estate of a family member or friend that has passed is an overwhelming and often daunting challenge, in an already difficult time. At Powell Auction & Realty, we strive to assist in making this transition the most stress-free experience possible for all involved. Over our more than 50 years in business, we have continually been told by individuals and families that they “don’t even know where to begin” to start the process of liquidating a loved one’s possessions. The answer is simple – you don’t have to. We will.
At Powell Auction & Realty, we want you to feel confident in the service being offered and the staff handling your sale. Our company and staff are fully licensed, insured and bonded, to ensure complete peace of mind when conducting your sale. Our staff holds over 300 years of combined experience and an average of 25 years of experience per employee. All employees are covered with worker’s compensation insurance and our general liability insurance covers any risks that may concern you. We closely work with estate executors, estate attorneys, individuals dispersing estates, trust officers, private collectors, and individuals downsizing, among other individuals and entities. Powell Auction & Realty offers a complete estate settlement service, where we sell both the real estate and personal property at the same time.
Choosing to liquidate an estate through the auction method of selling is no-brainer. Auctions use a competitive bidding model where prices are always negotiated upwards and sell for whatever the highest bidder is willing to pay, versus pricing items too low or too high and having to negotiate the price downward or reduce the price in order for it to sell. We want to help you earn the greatest revenue possible for your loved one’s prized possessions.
From offering over 2,500 vehicles per year at auction, Powell Auction & Realty’s public auto auction is the selling and buying opportunity you have been looking for. Powell Auction was the first public auto auction in the state of Tennessee and is the only public auto auction in the Knoxville area.
Our auctions are conducted the first and third Saturdays of each month, with over 100 cars, trucks and SUVs in each auction. Everyone is welcome to attend, including dealers and the general public! Our auctions allow the general public to buy vehicles like the dealers do. Inventory includes private classic car collections, dealer trade-ins, individual owned vehicles, bankruptcy vehicles, estate vehicles, and more. Take the headache out of selling your vehicles and let us do the work for you.
We love working with dealers too!
Give us a call to see how we can help you better liquidate inventory when the time comes.
PERSONAL PROPERTY & EQUIPMENT
Our personal property auctions consist of consigned inventory, ranging from single items to entire estates and collections. Powell Auction & Realty specializes in selling antiques, firearms, collectibles, jewelry, coins, art, farm equipment, heavy equipment, tools, and more. Powell Auction & Realty is a Federal Firearms Licensed Dealer, assuring that your firearms are sold legally and to all ATF standards, ensuring no issues arise from selling them on your own. All of our auction items are photographed and catalogued in order to guarantee that each item being sold is exhibited to gain the most exposure and generate the greatest revenue for our sellers.
When choosing somewhere to sell your assets, know that Powell Auction & Realty is committed to putting your interests first. During our over 50 years of being in business and conducting auctions, Powell Auction & Realty has built a superior reputation of professionalism and integrity.
Powell Auction & Realty is the East Tennessee Auction leader and is readily equipped to handle all of your selling and buying needs.
In today’s world, offering buyers the ability to purchase online is a must.
Buyers of all asset classes predominantly begin their purchase process online. We have seen firsthand that selling online is a crucial aspect that maximizes the revenues generated for any types of assets sold including real estate, estates, equipment, vehicles, firearms, and other assets. At Powell Auction & Realty, our online bidding system creates a worldwide reach. In addition, our website receives over 80,000 webpage views per month, our email list holds over 38,000 active email addresses, and our Facebook page has over 25,000 page likes.
Our online presence is unparalleled.