Structured online auctions for real estate, machinery, equipment, and other industrial assets, designed to maximize recovery while meeting bank standards for transparency and documentation.
Online auctions have become the most effective way to liquidate industrial assets. By moving the process to a digital platform, lenders gain broader market reach, better documentation, and more predictable timelines than traditional public outcry auctions.
Online auctions attract a larger, more qualified pool of bidders, increasing competition and driving asset values higher.
Digital bidding streamlines the process, providing real-time visibility into activity and ensuring clear documentation for every transaction.
With decades of proven experience and a reputation for integrity, The Dobbins Company ensures every dollar is handled with professionalism and accountability.
Dobbins begins by confirming control of the site and assets, working with legal counsel and the lender to ensure access, and security. The operation MUST be closed with no continuing business activity before the auction set-up can commence.
We create a detailed inventory, assign lot numbers, photograph equipment, and gather key specifications. In parallel, we coordinate with our auction partner on marketing, terms of sale, and the auction schedule.
We set up a day and time where interested bidders can physically inspect the equipment. This is normally the day before Auction day.
Bidders participate online within a defined bidding window. We monitor activity, address bidder questions, and ensure that all terms and conditions are followed throughout the event. No inspection is allowed during auction day. We can normally report “ballpark” results to the lender later in the day.
The next day, after the auction closes and payments are received, we manage buyer check-out, coordinate load-out logistics, and oversee removal to protect the site and remaining assets.
Once all funds are collected and expenses are reconciled, Dobbins prepares a detailed settlement statement and remits proceeds to the lender, providing clear documentation for internal records, auditors, and regulators. This is normally done 7-10 days after Auction Day.
Decades of managing complex real estate, machinery and equipment auctions, combined with a long-standing partnership with Bullseye Auction & Appraisal.
Commitment to commercially reasonable practices, clear terms, and transparent accounting for every sale.
Access to qualified buyers, including industry-specific markets and repeat auction participants.
From securing the site through final settlement,The Dobbins Company manages the details so lenders have a single, accountable partner.
1108 Old Chattahoochee Avenue
Atlanta, Georgia 30318
