Asset Liquidation

Welcome to our Asset Liquidation Division

We have over 30 years of experience of liquidating assets of a broad range. Whether you are downsizing or need to liquidate your entire operation we can handle it for you. Need to know how much something is worth? We have a Certified Appraiser on staff for all your needs.

Estates: Have an estate of a love one that you need to liquidate? Are you downsizing and moving to another location? We are your one stop shop. We can liquidate your real estate and/or personal assets at one time. We offer both live and on-line auctions to suite your needs. You are able to be involved as little or as much as you wish. Many executors had us the keys and say “Send me the check.”

Industrial Assets: Whether you are you closing a plant, eliminating a division, downsizing or just upgrading your equipment Morris Realty & Auction can liquidate these assets for you. Some of our past customers include:

  • Tennessee Fabrication
  • Dyna Steel
  • Allen Steel
  • Industrial Conveyor Corporation
  • Holland Sign
  • Whit Marble
  • Hill Construction
  • Highland Systems
  • United States Bankruptcy Court, Western District of Tennessee

Commercial Assets: If your inventory has outgrown your space or you need to liquidate your entire business,Morris Realty & Auction is the one to call. If time is of the essence, no matter how large the job, we can have your assets sold in one day as we did for Harrah’s Casino of Tunica. They had over 45,000 items in excess inventory that needed to be sold. They could only designate the venue to be used for one day and we were able to get the job done. Some of our other customers include:

  • Wurzburg Packaging Corporation
  • Memphis Motorsports Park
  • Sprint Electric
  • Cooper Moving & Storage
  • Bartlett Landscape
  • C & T Landscape
  • Dawson Printing
  • Cayson Door
  • Mona Spa
  • American Seafood
  • Cassidy Fine Foods
  • Shelby County Government
  • Shelby County School Systems
  • West Tennessee Drug Task Force
  • Shelby County Drug Task Force
  • West Tennessee Bankruptcy Trustees Ed Montedonico, Bettye Bedwell, Lynda Teems

When you hire Morris Realty & Auction; we come in and make a complete inventory listing. We photograph all necessary items. Our in house Marketing Team then lays out, produces, and places all the necessary advertising. Your items are then staged to bring out the best visibility and flow to the auction. An open house or inspection is held prior to the auction and staffed by our team members. The day of the auction our team is there to sign in bidders, call and catch bids, clerk the sale, collect the proceeds, and oversee load out. Within the next two weeks you will receive a check and a full auction report with the amount each item brought. This whole process as described generally takes four to six weeks. (If this time frame does not suit your needs please contact us as other arrangements can be made.) The Auction Method when marketed correctly will produce the True Market Value for your items on that day.

Memberships

NAA Auctioneer
Arkansas Auctioneers Association
Tennessee Auctioneers Association
Mississippi Auctioneers Association
Memphis Area Association of Realtors

Contact Us Today!

Want to have an auction? Need to consign items in our next auction? Interested in some of our Property For Sale? Please feel free to contact us to discuss your specific needs.