Our History
- Founded in 1965 by law school classmates B. G. Hudson Jr and Asa M. Marshall III
- Began by subdividing farms into small acreage tracts in Middle Georgia
- Pioneered the “Ballroom Auction” selling bank foreclosures for Citizens and Southern National Bank, predecessor to Bank of America
- 1983 - 1993 became the primary source for Federal National Mortgage Association (FNMA) to auction their more than 8,000 foreclosures on a national basis
- 1985 to 1987, the company was selling from 10 to 20 million dollars a month for FNMA.
- From March 1991 through its termination in 1995, Hudson & Marshall conducted more than 100 auctions for the Resolution Trust Corporation (RTC), generating approximately 1 billion dollars in sales.
- The F.D.I.C., successor to RTC, continued to utilize the auction method to dispose of large amounts of assets quickly,
- 1995 Hudson & Marshall contracted with the Federal Communications Commission (FCC) to sell broadband personal communications in major trading areas and conducted a 10.5 billion dollar auction over the Internet
- 1996 Hudson & Marshall won the contract to liquidate all surplus assets from the Olympic Games in Atlanta (ACOG). Bringing ACOG P&L from red to black
- 2005 - 2010 with the onset of the recession, Hudson & Marshall sold and closed over 12,000 properties per year
- 2011 - 2013 sold and closed over 8,000 surplus properties per year
- 2013 - Present Land & farm sales are conducted regularly along with municipal government surplus, estate and personal property auctions.
Because of Hudson & Marshall’s 55 year track record, impeccable reputation, and name recognition in the industry, the company is highly qualified to effectively market assets on a national basis.
“The auction method is the best method ever devised to bring a buyer and seller face to face for a prompt cash transaction” Ben Hudson, Jr.
