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General Email: service@narls.com
Phone: 901-767-6849
PO Box 16692
Jackson, MS 39236-6692
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NARLS has nearly 500,000 square feet of warehousing facilities located in 3 separate states
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For years, Trustees have had to turn to Local auctioneers to handle disposition of assets. These "liquidators" often hold their auctions in old hoovervilles, cow pastures or dilapidated warehousing in low rent districts..
Moreover, most auction companies operate at the lowest levels of sophistication and tend to be devoid of honesty or integrity. Expensive assets often vanish prior to auction or are sold of at pennies on the dollar to a small cadre of local buyers who have years of personal ties to the auctioneer. Record tracking is often nothing more than hand written notes in pencil and scams like "the quick gavel" or "back door betty" have become widely exploited.
Traditional channels are further burdened with time constraints and limited storage facilities causing many trustees to allow the merchandise to be sold directly from the original facility. Direct sales increase the chances of customers damaging goods prior to sale as well as open the estate up to new personal liability issues should anything go wrong.
NARLS uses online auctions through Bidtopia Online Auctions and other affiliates to reach millions of bidders in an open and transparent market place. With thousands of auctions running daily, NARLS has an average of 1 million auction visits per day. All auctions are conducted on line with audited third party verification of results and bid amounts (instead of hand written slips of paper). Final values often reach 2 3 times those received by traditional local auction houses. NARLS provides real time on line monitoring of current auctions with 24/7 tracking and reporting services.
- Increase your potential number of bidders from a couple of
dozen local buyers to 80 million registered bidders. NARLS has thousands of auctions running every day of the year generating over a million auction visits per day.
- Provide a clean, safe and friendly online bidding environment
that will not intimidate would-be buyers who refuse to frequent local auction / liquidation houses.
- Provides the highest number of payment alternatives available..
- Typical NARLS auctions run 7 days allowing dramatically
increased exposure and bidding over a traditional 60 second local auction.
- Bidders from around the world have access to your assets and
are not thwarted by a geographical location. Buyers may either view the merchandise on-line or physically visit our facility for a first hand look at the merchandise.
- With nearly 300,000 square feed of climate controlled
warehouse space spread out in Mississippi, Phoenix, and Florida, NARLS is capable of quickly moving and securing assets in order to prevent further rental or site charges.
- NARLS can use their extensive database to provide appraisals of
assets based on comparable online auction sales rather than speculation.
- NARLS achieves the highest level of auditing and reporting by
individually photographing and selling each item(s) and documenting them with complete descriptions, condition, and model information. Each item is put in an online inventory system with digital photos and can be viewed by the trustee 24/7.
- All sales are verified through a third party which can be used
to audit or cross check our own on-line reporting system. Trustees have instant access to the high bidder and final sales price.
Because NARLS is running thousands of other auctions daily, auctions gain the collateral benefits of "cross sales" or "impulse buys" from bidders who would normally not attend a bankruptcy auction.
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 | Exposure to millions of bidders nationwide |
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| Live on line tracking of auctions and bids |
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| Third-Party verification of actual bids |
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| Higher residual values for your assets |
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| Warehousing and facilities located nationwide. |
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| We conduct thousands of auctions daily |
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