How the Auction Process Works
1. Free Consultation — We review your property and goals. No obligation, no upfront cost to you as the seller.
2. We Handle Everything — Professional marketing including your own company website, Multple Listing Sevice (Zillow, Realtor.com), AuctionZip, HiBid, social media email blast to our subscribers, and on-site signage.
3. Competitive Bidding — Online, on-site, or hybrid auctions drive strong market-driven prices. We manage all buyer registration and communications.
4. Smooth Closing — We coordinate with title companies and walk you through every step.
No upfront costs. Our Buyer's Premium is collected at closing — that's our commission, and it covers all marketing expenses.
About Hodges Auction Company
Hodges Auction Company has been a full-service auction company serving Central Kentucky since 1937. Our long-standing reputation for honesty, efficiency, and results has allowed us to maintain a strong client base for generations.
We conduct on-site, online, and hybrid real estate auctions across Central Kentucky. Whether you're selling a farm, estate property, or investment real estate, we create competitive bidding designed to achieve the highest possible price.
Frequently Asked Questions
What does it cost to sell at auction?
Nothing upfront. Our buyer's premium is collected at closing and covers all marketing and advertising expenses. You pay nothing out of pocket.
How do you market my property?
We follow a structured marketing process designed to reach qualified buyers, including investors, builders, developers, and individuals seeking similar properties. In today’s rapidly evolving marketing environment, online exposure is especially important. Marketing can include but is not limited to: • Promotion on our company website, providing broad reach beyond local print advertising • Entry into the local Multiple Listing Service (MLS), which feeds to sites such as Zillow, Realtor.com, Trulia, and others • Advertising on nationally recognized platforms including AuctionZip and LoopNet • Inclusion in our emails to an audience of nearly 1,500 organic, voluntary subscribers • On-site auction signage placed approximately four weeks prior to the auction date to attract local traffic and direct prospective buyers
What auction formats do you offer?
We conduct on-site, online, and hybrid auctions.
On-Site Auctions Traditional on-site auctions are conducted by a live auctioneer at the property. The auction date and time are advertised for approximately four weeks in advance. Our mobile office trailer will be on site, and bidder registration is completed by our staff using a computerized system. A valid photo ID is required to register.
Online Auctions Online auctions operate similarly to platforms such as eBay, with bidding open for a defined period. Real estate auctions are advertised for approximately four weeks including the seven-day bidding period. Registration is completed online (or through our office staff) and requires a valid credit card to verify bidder identity and age.
Live Streaming & Phone Bidding On-site auctions may also be live streamed. For bidders unable to attend in person or unable to utilize simulcast bidding, advance arrangements can be made for phone bidding with one of our staff members. A good-faith deposit must be delivered in advance or made available immediately upon auction close if the bidder is successful.
What is the difference between Absolute and Reserve?
An Absolute Auction guarantees the property sells to the highest bidder regardless of price — this generates the strongest buyer interest. A Reserve Auction allows the seller to accept or reject the final bid, typically used when a minimum price must be met.
What happens if a reserve auction doesn't sell?
A no-sale fee may apply to help offset marketing costs. This fee is capped and is clearly stated in your auction contract before we begin.
Recently Sold at Auction
Tractor - Motorcycle - Utility Trailer & More
Guns - Furniture - Outdoor - Tools & Much More
1,676 sq ft Lake Home w/Bsmt Fully Furnished & Turn Key-Nolin Lake Front w/Dock | ALSO: Pontoon & UTV
2,114 sq ft Brick Home w/3 BR 2.5 BA & Attached Garage
Coca-Cola Memorabilia and MORE
Furniture – Electronics – Household - Tools – Collectibles
Doublewide Home w/Det Garage Vehicles – Furniture – Collectibles Household – Tools & MORE
68.3 Acres - Wooded - 4 Miles From I-65 Exit 102
Office Building - 2,228 Sq Ft - C-3 Etown Zoning – Excellent Location
Furniture – Household - Collectibles – Home Décor
ONLINE – 03/19 thru 03/26 2 BR 2 BA Home w/Bsmt
ONLINE – 03/17 thru 03/24 | Furniture – Tools – Antiques Collectibles – Household | Living Estate of Ronnie & Dorretta Kerr
Furniture – Electronics – Household Tools – Outdoor Needs | ONLINE – Feb 24 thru Mar 3
Furniture – Tools – Antiques Collectibles – Sporting – Household
ONLINE ONLY – 01/22 thru 01/29 | BR 1 BA Home w/Bsmt | 237 S. Greensburg St, Hodgenville | Estate of Lucille Cox
ONLINE ONLY – Jan 13 thru Jan 20 | Furniture – Household - Collectibles | Estate of Lucille Cox
ONLINE ONLY – 01/06 thru Jan 01/13 | Guns – Knives – Coins
ONLINE ONLY – 12/9 thru 12/16 Truck – Mowers – Tools - Household Furnishings
EHS Lady Panther Softball
3 BR Home – Detached Garage – Sheds - Truck – Furniture – Tools – Household
ONLINE ONLY – 11/25 thru 12/2 | Tools – Furniture – Household Home Décor - & More
3 BR 2 BA Home – 1,700 Sq Ft Corner Lot – Convenient Location
1.24 Acre Lot – C-3 Zoning - 1 Mile From Ring Rd with High Traffic & High Visibility
Singlewide Home on .72 ac Lot
ONLINE ONLY | 11/4 thru 11/11 | Vehicles – Household – Furniture Appliances – Home Décor
3 BR Home w/Garage on 12.4 Acres | Truck – Tractors – ATV Furniture – Collectibles – Household
LAND AUCTION - ONLINE ONLY – 10/30 thru 11/6 55 Acres – Entirely Wooded, Ideal Hunting or Recreational
ONLINE AUCTION Oct 28 thru Nov 4 Antique-Furniture – Vintage-Collectibles – Art – Tools – Electronics – Decor – Household-Goods
82 Acres - Cabin & Barns - Mostly Wooded - Fields & Creek
ONLINE AUCTION | 10/21 thru 10/28 | LARGE OFFERING OF BOXED KNIVES – VINTAGE FURNITURE – HOUSEHOLD GOODS – APPLIANCES – COLLECTIBLES – TOOLS – OUTDOOR AND RESCUE EQUIPMENT – AMMUNITION – RELOADING SUPPLIES
Custom Brick Home w/Basement | 234 Acres in Tracts Ranging 3 to 36 ac Furniture | Collectibles – Household
Doublewide Home & 45.7 Acres - Secluded & Wooded Getaway
3 BR 2.5 BA Home on 1.8 Acres w/Full Basement & Wrap Around Porch
Furniture – Household – Collectibles
Doublewide Home w/Garage on 1.4 ac - Home w/Shed & Barn on .9 ac
ONLINE AUCTION Sep 30 thru Oct 7 | Furniture – Collectibles – Household