Auctions are beginning to take the forefront as the best way to sell Real Estate and liquidate assets, but the auction method is nothing new. People have been selling by auction for centuries. The ancient Romans used auctions liquidate the spoils of war and the Roman citizens knew that the auction began when the centurion thrust his spear into the ground. Today there is a new Spear in the auction business: Richard Spear, founder of Spear Auctioneers, Inc.

Spear Auctioneers is a full-service auction company that was established in 1984 in the town of Russellville, Arkansas. The company specializes in Real Estate and personal property including liquidations, estates, bankruptcy, and farm-machinery. Annual Real Estate sales are currently in excess if $3 million.

Spear Auctioneers maintains a full staff during the office hours of 8:30 am to 3:30 pm, Monday through Thursday, and 8:30 am to 12:00 pm Friday. The new office is located at 605 E. Parkway, Russellville, AR 72801. The latest technology is used in clerking sales including a wireless computer system and a customer data base. All sellers receive computer printouts of their entire sale upon completion of the auction. Cash, checks, Mastercard, and Visa are all accepted.

Richard Spear is the broker and main auctioneer. He holds a bachelors degree in business administration from Kansas State University and an MBA from Mississippi College. He is also a graduate of Mason City College of Auctioneering and Mendenhall School of Auctioneering. In addition he earned a certificate from the Certified Auctioneers Institute (CAI) for auctioneering and a certificate from the Graduate Realtors Institute (GRI) for Real Estate.

Richard is a past president of the Arkansas State Auctioneers Association. He has also been named the Arkansas State Bid Calling Champion. He and his wife Neta live on a small farm in Russellville where they enjoy their horses, dogs, cats, and the company of nearby children and grandchildren.