Real estate sells for $8.25 million in series of three John Dixon & Associates auctions

ATLANTA, June 2, 2014 /PRNewswire/ -- Large crowds of bidders filled bidding rooms in a series of Georgia and South Carolina auctions last week as John Dixon & Associates sold 108 properties for $8.25 million.

"We had fantastic crowds on all three days, in Gainesville, Ga., Greenville, S.C. and Savannah, Ga.," said John Dixon, president of the auction company. Rooms were filled to capacity with live bidders, with other bidders watching the action online and entering their bids through the Internet.

"We had a good number of high-quality properties, and that makes a difference. Among those selling were a medical office building in Duluth, a multi-tenant retail property in Chesnee, S.C., and some townhouses in Savannah, as well as some other commercial and residential properties and land," said Dixon.

Internet bidding continues to play a growing role as online and live bidders compete head-to-head, Dixon said. "We actually had more registered bidders online than in person for these three events, and 41 percent of the properties sold to bidders who were participating online. This really allows more people to participate without travel, and that translates into better results for our sellers," he said.

John Dixon & Associates now turns its attention to the upcoming auctions of more than 400 properties throughout the Southeast June 24-26. "This is going to be an exciting group of auctions, and we'll be announcing the details very soon," said Dixon. Individuals seeking additional information may visit www.johndixon.com or call 770-425-1141.

John Dixon & Associates, based in Atlanta with offices in Tennessee, Florida and North Carolina, is one of the nation's largest auctioneers of institutional real estate properties nationwide.

For more information:
Carl Carter, 205-823-3273

SOURCE John Dixon & Associates