TULSA, Okla., April 29, 2013 (GLOBE NEWSWIRE) -- AmeriBid LLC and KIKO Auctioneers launch a partnership to provide border-to-border real estate and personal property auction services to banks and corporate clients. The auction process creates liquidity from these assets while eliminating the carrying costs for the seller. "I am very excited to be part of a national partnership that will serve motivated sellers with residential and commercial real estate," states Richard T. Kiko, Jr., CEO, Broker & Auctioneer for KIKO and KIKO Auctioneers.
"KIKO and AmeriBid together offer a single solution that delivers a high level of integrity and expertise in converting assets into cash anywhere in the USA," comments Kiko. "I don't believe there is any other auction company that offers the integrity and expertise that KIKO and AmeriBid offer together."
Stephen Karbelk, Co-Founder and Chairman of AmeriBid elaborates, "KIKO Auctioneers is one of the best regional real estate auction companies in the country. By working closely with KIKO, we will be able to leverage their platform, talent and transaction experience to bring even more solutions to our clients. The AmeriBid business model is built around the concept of Local Knowledge, Global Auctions. By partnering with KIKO, we are able to fully leverage all of their local expertise and extensive auction knowledge to offer even more services to bankers, bankruptcy attorneys and other motivated sellers of real estate on a national scale."
AmeriBid, headquartered in Tulsa, Okla., is the premier global real estate auction leader specializing in the sale of commercial and residential real estate, land properties and other assets for lenders, servicers, receivers, bankruptcy attorneys, estates, private owners, investment companies and local, state and federal government agencies.
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KIKO Auctioneers, headquartered in Canton, Ohio, established in 1945 is a third generation full service nationally recognized auction company specializing in the sale of real estate at auction. Executing over 1000 auctions per year of real estate, personal property, antiques & collectables, firearms, industrial & farm equipment, oil & gas rights, and all assets that need converted into cash for private owners, lenders, servicers, receivers, bankruptcy attorneys, estates, investment companies and local, state and federal government agencies.
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