J.P. King, GMG form partnership to assist condominium developers in achieving projections through auction marketing solution

J.P. King Auction Company and Global Marketing Group, Ltd., have formed a partnership to include auctions in GMG's lineup of services for real estate clients.

“GMG has been helping clients accelerate the sale of residential and resort properties for 25 years, and J.P. King has a long track record at selling high-value properties through their unique auction process. This partnership will allow us to present an even more powerful set of marketing alternatives to our clients,” said Ken Miller, president of GMG.

Craig King, president of J.P. King, agreed.

“Both of our companies are seeing major opportunities today as developers seek faster and more efficient ways of stimulating sales. Today, there is a substantial backlog of condominiums, for example, and developers are turning to GMG and J.P. King for help in reducing their inventory. By working together, we can offer powerful solutions for these developers,” said King.

Under the agreement, GMG marketing consultants will be able to incorporate J.P. King's auction process into the plans they develop for clients, according to Miller.

“Real estate auctions have grown rapidly in popularity in the past few years, and J.P. King has been selling real estate at auction since 1915. This new relationship will provide new opportunities for both companies, and more importantly, it will help us serve our clients even better,” said Miller.

J.P. King, based in Gadsden, Ala., is the nation's largest auctioneer of condominiums, high-end homes, ranches, developments and other high-value properties throughout the United States. Recent sales include condominiums in Alabama and Florida, mansions in Colorado and Utah, and development land in Florida and Pennsylvania.

GMG, based in New York, N.Y., provides planning and marketing services to developers, financial services companies and others seeking to expedite sales of condominiums and other resort properties.

Individuals seeking more information about the partnership may contact Vincent Jarbo at J.P. King at 800.662.5464.

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