A Farm Sale From Soup To Nuts
From the first time we connect with a potential client to the moment the auction begins; a sense of uncertainty is common. Owners often have pressing questions, like:
- How
does this auction work?
- What
happens if the bids don’t reach a satisfactory price? Are we obligated to sell?
- How
does an online auction work? What if there are technical issues and people
can’t bid?
- Who will be bidding on my farm?
We all have so many questions.
Rest
assured, these concerns are common, and I address them fully before any client
signs a listing contract. In our initial meetings, I guide you through how a
real estate auction operates, highlighting how competition in an auction
setting can drive prices higher than a traditional listing. After the listing
contract is signed, an auction date is set, marketing materials are
manufactured, and the advertising schedule is initiated. Then, I start to personally
contact neighbors and farmland buyers that are known to me for a personal
invitation to bid on the property.
Auction day
is always stressful no matter if it's in person auction or an online auction… let’s
talk about some of the big questions facing online auctions.
What if
the Auction Day Doesn't Go as Planned?
If the
highest bid falls far below market value, you are not required to sell. This
scenario has only happened once in my 35 years of experience, but it’s
important for you to know that you have control.
Why
Choose an Online Auction?
For many
bidders, anonymity is key—they don’t want others to know they’re bidding.
Owners appreciate avoiding a room full of 100 tire kickers, with only three
serious bidders. With an online format, the focus remains on competitive
bidding without distractions. Plus, the technology is robust, and I ensure
everything runs smoothly so that every interested buyer has a chance to
participate
If you would like to visit your farm or just visit about life in general, give me a call at 765-427-5052.
Respectfully
Brad
Neihouser
7654275052
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