King Realty & Auction

For over eight decades, King Realty and Auction Company has been serving the people of Northern Alabama and Southern Tennessee. Our family-owned and operated business has been a staple in the region, providing a range of services that cater to the needs of individuals, banks, trust companies, and personal representatives of estates. Our story began in the late 1930s when Paul L. King, Sr. started an auction legacy by joining forces with Homer Wesson and Dewey Mitchell to run the livestock auction for the American Legion in Florence. This marked the beginning of a long and storied history, spanning multiple generations.

A Family Legacy

Paul L. King, Sr.'s sons, P.L. King, Jr. and Henry L. King, took the reins in the 1970s, expanding the business to include real estate sales and auctions. Henry L. King left his banking career to formally establish King Realty and Auction Company, Inc. Over the years, he brokered many notable land sales, including Regency Square (Florence) Mall and Blackberry Trail Golf Course. He served as President of King Realty and Auction Company, Inc. until his passing in 2014. Today, we continue to honor his legacy with a third generation of the King family actively involved in the business.

Services

At King Realty and Auction Company, Inc., we offer a wide range of services designed to meet the unique needs of our clients. Our expertise includes:

• Auctions: We conduct all types of auctions, including real estate and personal property, for individuals, banks, trust companies, and personal representatives of estates.
• Real Estate Sales: We list and sell properties such as farmland, timberland, waterfront property, commercial property, and residences.
• Online Auctions: We offer online auctions, allowing bidders from all over the world to participate in our sales.
• Property Management: We provide property management services, helping our clients to maintain and upkeep their properties.

Why Auction?

The auction method of selling provides many advantages, including:

• It provides the place for buyers and sellers to meet.
• The auction company develops a strategic marketing plan to merchandise the property to a vast number of potential buyers over a wide area.
• The property may be advertised in newspapers, direct mail, signs, online, TV, and radio.
• The advertising should bring competition among the bidders, thus resulting in a higher bid price.
• The auction may be advertised as absolute, or with reserve.
• The real estate may be offered in a number of tracts, a combination of tracts, or as one unit.

Upcoming Auctions

• Ronald Thigpen Estate, 400 Land Rd, Leoma, TN 38468
• Downtown Commercial Lot - Florence, AL