SE Colorado Auction Company: Why More Smart People Auction Farms and Land
Timing is an important aspect of real estate investing. Our SE Colorado Auction Company uses timing to help property owners in our four-state area to efficiently sell their farms, ranches, land, and homes. The Internet catapulted auctioneers and auction companies into a worldwide market for real estate auctions. We can reach buyers around the globe, often through online bidding. So, buyers now opt for auctions to accelerate the selling process.
Historically, most owners used real estate auction for distressed properties. However, an increasing number of modern-day sellers are now auctioning non-distressed properties: estates, farms, ranches, and land.
Why Property Owners Call our SE Colorado Auctioneers
What makes real estate auctions the method of choice for property owners? Here are 10 benefits to selling real estate via auctions make it all worth it.
- Shorter Timeframes
Shorter timeframe. Sometimes a large rural property can sit on the market for months or years. A land auction can accelerate the timeline and move the real estate quickly. One advantage to selling sooner rather than later will be the elimination of carrying costs such as property taxes and lost income. If time is of the essence, sellers can agree to an Absolute Auction. This set-up offers the financial flexibility for sellers to agree to accept the highest bid, whatever it may be. - More Qualified Buyers
Qualified buyers from USA and around the world can more readily get involved in modern auctions. Buyers come financially prepared to jump on a great deal or desirable acreage. Online marketing can reach USA and international markets. Online auctions capitalize on the technical advantages. - Pricing Flexibility
Sellers may choose to set a “minimum bid” Before the auction begins to ensure the sale gives them the financial returns they want. However, during competitive bidding sessions, much higher bids and sale prices are possible. - Freedom to Sell or Not
Sellers can decide to sell or not. An Auction Reserve offers this alternative. Just because you have decided to auction a farm or ranch, you are not under obligation to sell if the price is not right. Our Colorado auction company would set it up with reserve to do so. Usually terms and conditions are abundantly clear ahead of time
SE Colorado Auctioneers
For more information about real estate auctions in Colorado and the region surrounding Lamar, please call Gene Cruikshank, Broker/President, Cruikshank Realty, Inc. at (719) 336-7802. Schedule an appointment or stop in to visit at 20 S. Main Street, Lamar, CO 81052. Specializing in Farm and Ranch Real Estate Auctions, Sales, Management, and Exchanges in Colorado, Kansas, Oklahoma, and New Mexico.