HURST, Texas, March 1, 2017 /PRNewswire/ -- Mortgage Specialists International, LLC (MSI) announced today that it has acquired a majority interest in Oklahoma-based Williams, Williams & McKissick – including its subsidiaries Williams & Williams Auctioneers and AuctionNetwork.com.
MSI, a national property management company, secured the real estate auction firm in order to complement its growing suite of services that includes property inspection, preservation and REO asset management. "After a thorough assessment, MSI determined that this acquisition would be a benefit to both existing and potential clients," said Jim Shivers, Chief Executive Officer of the 34-year-old company. "We've expanded our services now to include auction sales for all types of real estate – commercial, residential, luxury, farms & ranches, specialty government and bank-owned."
MSI manages countless assets nationwide as well as Puerto Rico, the Virgin Islands and Guam, and is headquartered in Texas, with operational sites in Florida and Iowa. Steve Stallard, President of MSI, said the Williams & Williams operations will remain in Tulsa, Oklahoma where the company performs live and online auctions daily throughout the country, including CWCOT (Claims Without Conveyance of Title) auctions. "As a brand built on providing solutions for all real estate needs, having a brokerage network and auction disposition strategy with interactive bidding allows us to provide even more customized services for our clients," Stallard said.
A fourth generation auction house, Williams & Williams is one of the most respected brands in real estate auction. In the last 10 years, the company has auctioned more than $10 billion of real estate across all 50 states, Washington DC, Puerto Rico, Central America and Europe. Their client roster includes Fortune 500 companies, government entities, leading financial institutions, broker partners and individual sellers. Williams, Williams & McKissick founders Dean Williams and Pamela McKissick will remain as principals of the organization.
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SOURCE Mortgage Specialists International, LLC