Ready To Sell Land
Land Sale Methods We Offer at DreamDirt
Live In person or Online Auctions: We offer every imaginable auction service. DreamDirt is a technology leader and when it comes to modern auctions we are the clear choice. DreamDirt auctions provide the most competition for your piece of land. Our marketing system is so comprehensive we are able to customize every aspect of your auction to match your objectives. Want a wide national pool of bidders? We can do that! Want to keep it small and local? We can do that too. No one size fits all auctions, we can do what you want done.
LIVE IN PERSON AUCTION
The most traditional of auctions. We advertise the farm, book an auction venue and on auction day bidders arrive in person. The auctioneer will read the terms and conditions and introduce his/her staff for the day. Bidding often takes 2-3 rounds while the auctioneer works to increase the price. In this format bidders signal their bids to the auctioneer and ringmen in various ways until all bidding has ceased and a winner is declared.
ONLINE LAND AUCTION
An online auction can take 2 formats. Time or Simulcast. In both, the seller sets the terms and auction closing date. In a timed online auction bidders bid against each other on our website for the allotted time until the clock ends. In a simulcast auction, the bidders bid over the internet however the clock isn’t present, they can hear and see the auctioneer conduct the auction in a more tranditional format, but they place their bids online.
SEALED BID AUCTION
In a sealed bid auction the seller sets the terms and deadlines. The buyers each are allowed to submit 1 bid for their highest amount of money they are willing to pay. There is no transparency, all bidding is completely blind. Once bids are submitted the bidder can not change their bid. At the deadline the seller accepts the highest bid. This format is very private and completely controlled by the seller as far as terms, price and sale date.
BID OFFERS
A unique and advanced auction method that combines the power of an auction, the expediency of a listing in a very transparent enviroment. Bidders compete during a triggered bidding period on whole offers or dollars and terms the buyer sets. The seller accepts the best bid at the end of the Offer Period. This method is very open, however it is not an ascending method. Only whole bids are accepted of full price. It creates transparency, simplicity and flexibility for bidders.
Realtor Listings: Our real estate agents are licensed and trained to list your property on the land market. DreamDirt.com is the central portal of our marketing system. Thousands of buyers look at our site to find properties. We use hundreds of advertising resources from MLS to Zillow, Realtor and many other external aggregation websites. They have all of the best tools plus the unique tools available only to DreamDirt’s agents. You can expect to set your price, a sign to go up on the property, and the buyers to begin to respond quickly.
Are You Ready To Sell Land Now or Soon?
If you’ve come to a decision – you’re ready to sell land and you know what you want or still learning we can help. How do you proceed? There are multiple ways to move forward. We offer start to end solutions. Some of our clients say “Just do it” and we do everything. Some want to dedicate less time and get a faster offer, some want to dedicate more time and maximize price. As communication and technology change, we have solutions that can achieve both fast offers and maximum price! As farm real estate agents and auctioneers we have many options to help you. Depending on the path you choose, initially there are some considerations we’ll talk about.
- We will set up a meeting to discuss your objectives. What are your goals? What do you what to happen?
- That meeting will result in the first draft of an Engagement Letter or Listing Agreement. This agreement will guide our relationship and responsibilities.
- When we have agreed on real estate services to be performed we will begin thoroughly researching the property.
- If you chose to use our Bid Offers you’ll start to get offers very quickly after this point.
- If you chose a listing or an auction, Next we will create and distribute all advertising and responding to buyer inquiry.
- How quickly things work depend on the method you use to sell. Land Auctions take 4 weeks to complete. Listings have no timeline.
- When we have secured the highest and best bidder a purchase agreement is completed between buyer and seller.
- The closing process begins. This takes 30-45 days. There are many considerations and steps that may be needed.
- Settlement is the final step. We will have all proceeds distributed to the appropriate places. All bills against the sale will be paid.
- Need to learn more? Read: How Farmland Auctions Work
You can fill out the form below and have us contact you, or you can call us now at 855-376-3478