Business Details
47 Years
experience
Professional Auction Services for Real Estate & Assets
Atlantic Asset Management Group (AAMG) has been a leader in asset remarketing and auction services since 1979. Specializing in commercial and residential real estate, business inventories, and surplus assets, we serve creditors, trustees, and financial institutions across the Mid-Atlantic region. Our proven approach combines accelerated marketing strategies with comprehensive property research to ensure maximum value for clients. With decades of experience handling foreclosures, REO properties, and government auctions, we deliver results through live and online bidding platforms. Our team provides personalized service, customized marketing campaigns, and detailed Property Information Packages that streamline the buyer experience. Recognized by the U.S.Bankruptcy Court and FDIC, we manage nationwide sales through our Norfolk, Virginia headquarters. From initial consultation to post-sale support, AAMG offers end-to-end asset management solutions that eliminate intermediaries and expedite transactions. Our marketing expertise spans digital platforms, print media, and direct outreach to qualified buyers. Whether facilitating multi-property auctions or standalone sales, we maintain transparency and professional standards throughout every transaction.
Services
Commercial Real Estate Auctions
Online Property Auctions
Business Asset Liquidation
Foreclosure Sales
Personal Property Auctions
Property Appraisals
Benefit Fundraising Auctions
Private Treaty Sales
Asset Management
Surplus Equipment Sales
Details
- Year established: 1979
Highlights and features
- We offer 40+ years of specialized auction experience across multiple asset classes
- Our proven marketing strategies reach thousands of qualified buyers nationwide
- We provide comprehensive Property Information Packages for transparent transactions
- Our team holds certifications for handling government and institutional auctions
- We implement accelerated sales timelines that eliminate traditional contingencies
Associations and certifications
- U.S. Bankruptcy Court
- FDIC
What people say
Professional auction execution
Successful fundraising events
Transparent transaction processes
Responsive team support
Exceptional marketing reach
Services
Commercial Real Estate Auctions
Our commercial real estate auctions specialize in facilitating sales of business properties through competitive bidding processes. We handle office buildings, industrial spaces, and retail properties with comprehensive marketing campaigns that attract qualified investors. Our certified auctioneers ensure fair, transparent transactions while leveraging online platforms for maximum exposure.
Online Auction Platforms
Our online auction platforms allow remote participation in property and asset sales through secure, user-friendly interfaces. Real-time bidding, property documents, and asset details are accessible 24/7 to registered users. The system integrates with our marketing channels to ensure broad participation while maintaining transaction integrity.
Asset Appraisals
We provide professional asset appraisals for real estate and business equipment to establish accurate market values. Our team analyzes comparable sales, property condition, and market trends to support pricing strategies. These evaluations help sellers maximize returns and assist buyers in making informed investment decisions.
Foreclosure Sales
Our foreclosure sales service specializes in handling bank-owned properties through accelerated auction processes. We coordinate property assessments, title work, and marketing activities while maintaining compliance with legal requirements. This approach helps lenders recoup investments efficiently while ensuring transparent transactions for qualified buyers.
Benefit Fundraising Auctions
We organize benefit fundraising auctions for nonprofit organizations, managing both live and silent auction components. Our team handles item acquisition, event planning, and bidder registration processes. These auctions have successfully generated over $50,000 per event for charity clients through strategic marketing and professional execution.
People
William J. Summs
Owner/Auctioneer
With decades of auction experience, William J. Summs leads AAMG's sales operations while maintaining active auctioneer credentials. His expertise in property marketing has driven millions in successful transactions.
Carey Flannery
Walsingham Academy Representative
As a nonprofit representative, Carey works with AAMG to organize charity fundraising events that have increased annual proceeds by $94,000 through strategic auction planning.
Questions
What types of assets do you auction?
We handle commercial/residential real estate, business equipment, vehicles, and surplus assets for institutional clients.
How does your online auction process work?
Our secure platform allows real-time bidding with downloadable property documents for registered users.
Can I schedule property inspections?
Yes, we coordinate scheduled inspections for most properties during auction preparation periods.
Do you handle charity fundraising events?
We organize benefit auctions with proceeds exceeding $50,000 annually for nonprofit organizations.
What geographic areas do you serve?
We operate across Virginia, North Carolina, Washington DC, and Maryland with nationwide buyer networks.
Are financing options available for buyers?
We do not provide financing, but our auctions attract investors with available capital.
