Land Auctions Spur Competitive Bidding for Best Return
Selling farms or ranches at land auctions adds potential for competitive bidding. Whereas a fixed price real estate listing can stagnate, the dynamic environment of farm and ranch auctions brings out competing Buyers. Competition drives the final sale price up. This is one of the most compelling advantages of land auctions.
Potential for Higher Price
Wouldn’t it be nice to receive the true market value for your agricultural real estate? You might want a quick sale to get on with your life and you can get there, but land auctions offer the potential for a higher sales price. Auctions bring in a large pool of qualified Buyers to benefit you. The dynamic auction pricing mechanism helps tap into the true market value of your farm or ranch.
Desirable Properties Enjoy Competition
Auctions are exciting and filled with a sense of urgency. When you sell a unique or highly desirable farm and ranch property, the competitive atmosphere can be particularly beneficial. How so? Potential Buyers see others vying for the same land. The motivated bidders may place higher bids than they initially intended to bid. The result can be an auction sale price that significantly exceeds the return produced by a traditional listing.
Transparent Auction Process
By choosing the auction method to sell your farm or ranch property, you can unlock the true market value. See how the power of competitive bidding can harness positive results. The open bidding system ensures a fair and equitable process. Every bidder is aware of the current high bid. Because it’s transparent, the auction process creates compelling chemistry between participants. At the same time, Sellers benefit by having the ability to maximize return on investment.
More Benefits of Land Auctions
Once you farmers and ranchers start digging, you’ll find the auction method interesting. It’s a prime way to buy or sell farm and ranch real estate. Could any of these additional factors convince you to place a bid or sell land and assets with the exciting auction tools available to you today? We’ll be discussing additional benefits in this forum, including:
Faster sales process
Control over the sale
Lower carrying costs
Streamlined transaction
Sell as-is
No contingencies
Buyer’s premium
Options for auction format
Due diligence
Competitive Bids at Land Auctions
Auctions enhance the competitive spirit of bidders and often maximize the Seller’s return on investment. Farmers and ranchers appreciate the transparent processes. Farm and ranch properties at auction seem to enhance the camaraderie and good faith of Buyers and Sellers alike.
Auctioneers Lamar Colorado
Find out what, when, where, and how you can benefit from an auction of your farm, land, ranch, and equipment. Cruikshank Realty, Inc. in Lamar, Colorado, offers complete real estate auction services. Call owner/auctioneer Gene Cruikshank today at (719) 336-7802.
Licensed in Colorado, Kansas, Oklahoma, and New Mexico