Tag Archives: how do auctions work
How Do Farmland Auctions Work?
“How do farmland auctions work? ” Fairly often I get this question and I first offer my joking response “pretty darn good”. It’s not extraordinary that you wouldn’t understand how a farmland auction works, most people that are not farmers don’t go to them and if you are selling a farm there is a high likely […]
In proposing our services to farmland sellers I often quote the fact that real estate sold at auction has a 99% closing rate while farmland real estate sold by listing has a much lower closing rate at 71%.
There is one reason that may not be easy to see but once you understand the differences in the methods of marketing you […]
How Do Auctions Work?
Have you considered selling something at auction? Here are a few things you should know about an auction that might help you make good decisions along the way. At DreamDirt we employ a marketing period that matches the needs of the asset or situation. With farmland, real estate or personal property auctions this is typically 4-5 weeks. […]