RVA auction winners list comes out with $25.2M bid for Barrett jack, auction winner says

RVA — A former Barrett Jackson auction winner is offering $25,000 for his former auction house, bidding for the real estate firm that represented the son of a prominent Virginia politician who died of a brain aneurysm in 2005.

The bid comes as RVA auctions hit a record $3.1 billion, bringing the total total since 2007 to more than $10.2 billion.

A spokesman for the Jacksons said the bid would be matched by a pool of money.

The former owner of Barrett’s Jack’s Auctioneers and Sotheby’s International Resellers is John M. Jones, a real estate broker and businessman who owned the Jack’s from 1994 until his retirement in 2012.

Jones has also sold some of his properties, according to court documents.

The Jacksson family said Jones was not a part of the auction and the bid was made in bad faith.

The family, in a statement, said they were shocked and saddened by the news and that Jones is cooperating with the authorities.

Jones did not immediately return a call seeking comment.

Barrett has a history of disputes with real estate agents, including one that led to a lawsuit that ultimately ended in a settlement in 2011.

In 2013, Barrett was named a defendant in a class-action lawsuit against the Jackson firm and its former director, William L. Miller, by former employees who had complained about the company.

The suit accused Barrett of deceiving buyers into buying apartments that were no longer theirs, mispricing properties and misrepresenting the value of properties when it was clear they were more than their true worth.

The lawsuit said Barrett then engaged in a pattern of misleading salespeople and misrepresentations to the FBI and other law enforcement agencies.

Barret’s attorney did not respond to a request for comment.

In a 2014 report, the New York Times reported that Barrett had been indicted by the U.S. Attorney’s Office for securities fraud in the sale of the JackSons.

A spokeswoman for Barret declined to comment on the bid.

Barreton is an established name in the auction industry, having won four major auction auctions over the past five years, according in court documents filed by the JackSON estate.

In 2012, the company’s founder, Robert Barre, was convicted of conspiring to violate the Securities Exchange Act, which allows the government to prosecute executives of private companies that act as broker-dealers.

In July, Barreon agreed to plead guilty to the criminal charges and to pay $100 million in fines, which he is expected to collect later this year.