FALCO

Built to keep what's yours.

When a house, an estate, a business or anything else has to sell, we route it to a licensed Tennessee auction firm so buyers compete for it. No cost to you.

What do you need sold, or what are you looking for?

AI assistant. Not legal or financial advice. Licensed Tennessee firms run every sale.

Why we exist

Two of three ways out leave money on the table.

  1. A forced saleThe lender, court or lienholder sells it to cover what's owed, not to get you the best price.
  2. A quick cash offerFast and certain, but the buyer's profit is your discount.
  3. A marketed auctionBuyers compete in the open on a set date, so demand sets the price. This is the one we build.

How it works, start to finish →

How we pick the route

Every asset goes where
it nets the most.

Hunting land, a suburban home, a plane and a yacht each have their own buyers, and different firms reach them. Our system compares the routes for what you're selling and sends it to the one most likely to leave you the most.

Sales

What it cleared

What each firm's auctions actually bring in, by asset type and county, measured against what the asset was worth going in.

Completions

Whether it closed

How often a sale closes on schedule, and how often it stalls, falls through or goes back to the seller.

Best fits

Who it sells to

Which firms draw the most bidders for which kinds of assets, so the next sale starts in front of the right room.

Every sale we route adds to the record, so the match gets sharper with each one.

How it works

Three steps.

Stop after any one of them. Nothing is owed either way.

Step 01

We read the filings

Probate, foreclosure, court sale and closure notices are public record. We read them every business day, so we reach you while there's still time.

Step 02

You get the numbers

A free call: what a forced sale, a cash offer and a marketed auction would each leave you. In writing.

Step 03

A licensed firm sells it

The Tennessee auction firm that knows what you're selling runs the sale, timed to beat your deadline.

The incentive

We don't buy
anything.

If we did, every dollar we made on the spread would be a dollar out of your pocket.

Instead we're paid from the buyer's premium, the way auction houses have been paid for two hundred years. So we have no reason to push your price down and every reason to push it up.

Patrick Armour, founder of FALCO

Meet the founder

Patrick Armour

Founder and CEO

I'm a licensed Tennessee auctioneer. I started FALCO after watching the same thing happen again and again: a death, a debt or a deadline, and people selling what they had for far less than it was worth, just because they ran out of time.

An open auction fixes that. Buyers compete, and the price comes from the market instead of whoever showed up first. My job is to get every asset to the firm that will sell it best, and to tell you the truth about the numbers, even when the answer is not us.

Tennessee auctioneer
Licensed, #7622
Tennessee real estate license
In progress
Based in
Nashville, Tennessee
Nothing should sell for less than it's worth just because someone ran out of time.

Write to me: pat@falco.llc

Common questions

Straight answers.

Ask a question in your own words.

AI assistant. Not legal or financial advice. Licensed Tennessee firms run every sale.

Or browse the common ones

What does FALCO actually do?

We find property that has to be sold because of a death, a debt, a closing or a court case, figure out what is worth auctioning, and route each asset to the licensed Tennessee auctioneer who sells that kind of thing best. Then buyers compete for it in an open, marketed sale.

Do you buy anything?

No. We never take a position in what we route. If we bought it, every dollar we made would come out of your sale. Because we don't, the only way we do well is when your sale does.

What does it cost me?

Nothing. No listing fee and no commission from your side. The buyer pays a 10% premium on top of the winning bid, and that is how the auction firm and FALCO are paid. If it doesn't sell, you owe nobody anything.

Who actually runs the sale?

A licensed Tennessee auction firm that specializes in that asset. Real estate goes to licensed real estate auction firms. Firearms only go to auctioneers who hold a federal firearms license. FALCO is founded by a licensed Tennessee auctioneer and does not list or broker real estate itself.

How do you choose the auction firm?

By track record. We keep data on every sale we route: what it cleared against what the asset was worth, whether it closed on schedule, and which firms draw the most bidders for which kinds of assets. Your asset goes to the licensed firm most likely to net you the most for that type of property, in that part of Tennessee.

How did you find me?

From public records: probate filings, trustee sale notices, court-ordered sales, closure notices and county tax lists. Everything we read is published by a court or a government office. If you would rather not hear from us, tell us once and we stop.

What don't you handle?

Household contents and everyday items, anything worth less than the cost of a specialist sale, and property outside Tennessee for now. When something isn't a fit we'll say so and point you somewhere better.

I'm an attorney or a trustee. How do we work together?

Send us the file. You get one contact for every asset, an inventory with a value range for each, routing to licensed specialists, and a sale record for the court file. We don't pay referral fees and we don't ask for them.

Get the numbers before anything sells.

Tell us what has to sell. We'll tell you what it would likely clear and who would sell it. Free, even if you go elsewhere.