SOURCE: J. P. King Auction Company

J. P. King Auction Company

January 30, 2012 11:22 ET

J. P. King to Serve on Panels at Upcoming Conferences for Financial Solutions, Auctioneers, Brokers

GADSDEN, AL--(Marketwire - Jan 30, 2012) - Having been members of the National Auctioneers Association for decades, J. P. King Auction Company executives have learned the value and importance that comes from being educated by others in the industry. Being the nation's oldest real estate auction marketing firm, J. P. King is frequently requested for speaking engagements and has accepted several of those opportunities in the coming weeks, the first of which begins today.

"When I first came into the auction industry, I learned a lot from attending conferences, and I learned even more from the people I met while I was there," said Craig King, president and CEO of J. P. King Auction Company. "Now, I feel like we as a company and as individuals have a lot to offer to teach others, and we're excited to be able to do that with professionals in several different fields."

J. P. King Auction Company has accepted an invitation from the IMN Conference to be represented on a panel at its upcoming Florida Bank and Financial Institution Special Asset Executive Conference this week in Florida. Scott King, a principal and executive vice president at J. P. King, will participate on a panel regarding note and property auctions.

As note and bank auctions increase in popularity, J. P. King has aligned its expertise and provided its services to several banks since the market downturn in 2007. After several successful auctions, J. P. King was once again selected by Prescient Asset Management, which specializes in government-owned assets, to serve as the auction company of choice in their upcoming March 3 auction.

The Information Management Network puts together conferences each year, 15 of which discuss the most critical real estate issues. The upcoming conference in Hallandale, Fla., will hold forums where special asset, special services, REO, credit and executives can meet to discuss the latest CRE workout issues.

Scott King will present in a session titled "Note/Property Auctions: What are the Key Ingredients that Lead to Auction Success?" King, along with three other panelists, will answer questions regarding documentation, big procedure, due diligence, note vs. REO auctions and when a bank should consider an auction. The panel will take place on January 31 at 10:55 a.m. The conference will take place at the Westin Diplomat Golf Resort and Spa.

On February 7-8, Craig King will speak on a panel at the National Auctioneers Association Real Estate Auction Summit. King's panel is titled "From RFP to Closing the Deal on Complex Sales."

Craig King will speak again at the 2012 National Land Conference, which is hosted by the National Realtors Land Institute. King has spoken to the National Realtors Land Institute on several occasions and this time will speak on "Today's Marketplace and Auction Realities." The conference takes place on March 27-28 in Denver.

"The best part of each of these conferences is that we get to spend time with three different fields, but each of them is impacted by the other," King said. "While Scott speaks with the banking industry, where we've seen a great increase in real estate auctions, I'll be preparing to work with our fellow auctioneers and fellow brokers. We're three different industries often working toward a common goal: to sell real estate for the best price possible and to put families back into dispositioned homes."

About J. P. King: Through its asset division, J. P. King specializes in portfolio sales, which serves corporate clients, financial institutions and government entities in the disposition of strategic assets. The company has marketed properties in all 50 states and six countries with recent sales in Colorado, Kentucky, West Virginia, Oklahoma, California and Montana.

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