Mike Carey Promoted to Co-CEO of Tranzon Auction Properties
18 Jan, 2024 - Tranzon Auction Properties
Tranzon Auction Properties, one of the leading real estate auction companies in the U.S., is pleased to announce the promotion of Mike Carey to Co-Chief Executive Officer. In his new role, he is responsible for overseeing the company's day-to-day operations and driving growth in its burgeoning auction business, working in tandem with Samantha Saturley Kelley, with whom he shares the new chief executive role. Carey has been with the company for since 2005, most recently as Senior Vice President. He holds real estate licenses in Maine and New Hampshire, and is a licensed Auctioneer in Maine, New Hampshire, New York City, Massachusetts, and Vermont. His extensive experience in commercial, residential, and special use properties, with transactions exceeding $400M, positions him as a key asset to the Tranzon Auction Properties. In addition, Carey is a 2005 graduate of Mendenhall School of Auctioneering and a 2009 Graduate of the prestigious National Auctioneer Association Certified Auctioneer Institute.
Carey is a 1997 graduate of Wheaton College in Norton, MA, and lives in Portland, ME, where he is active in the community as a current co-chair of the Maine Chapter of the Turnaround Management Association, supervisory board member at Town & Country Credit Union, founding member and former chair of PROPEL, and a proud member of the National Auctioneer Association, Realtors, American Bankruptcy Institute and National Association of Bankruptcy Trustees.
Carey grew up in the real estate and auction industries, with his mother owning a brokerage and his father publishing the Car Collector Auction Report – a first of its kind hard copy independent analysis of the prices and activity of auto auctions. Various aspects of managing properties and understanding the auction process caught his attention at a young age and guided him to his ultimate career.
Tom Saturley, Founder of Tranzon Auction Properties, said, "It is an honor to have Mike leading Tranzon Auction Properties. I’ve watched him transition into executive leadership and take on new challenges over the years and have no doubt in my mind that the company is in good hands to propel forward.” Tom will continue his active involvement in both Tranzon Auction Properties and Tranzon Driggers as the Chairman of the Board, where he will continue to work with his long-term clients and provide strategic guidance to the company.
"It is with immense gratitude that I step into the role of CO-CEO at Tranzon Auction Properties. I want to acknowledge the profound influence of my mentor and friend, Tom Saturley. His unwavering support and guidance have helped paved the path to my success in this career. I am eager to embark on this journey alongside my Co-CEO, Samantha Kelley, as we lead the incredible team at Tranzon Auction Properties towards the future."
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About Tranzon: “Tranzon began in 1997 as a group of real estate auctioneers and became a nationwide network with a mission to revolutionize the way real estate professionals bring buyers and sellers together. Tranzon’s experienced team of real estate, marketing, and auction professionals utilizes a proprietary Market-Making SystemTM for the accelerated sale of commercial and residential property for clients including financial institutions, trusts, guardians, estates, and private individuals across the US. All Tranzon companies are independently owned and operated. Visit Tranzon.com to learn more about Tranzon’s services and current property listings.
Contact: Merideth Gilmor, Modern Global Communications, 917-860-5792