by webspec_admin | May 5, 2020
At a typical land auction, bidders are not required to identify themselves. In our online auctions, registration of bidders is private and required. DreamDirt utilizes a four-step registration process with identity verification. One step is providing a credit card...
by webspec_admin | May 5, 2020
This never occurs due to the fact that land is an extremely valuable resource in today’s world. Every farm has a use and value, we’ve never had a farm not receive bids. If this was to happen, the auction can close and the sale can move forward privately as a...
by webspec_admin | May 5, 2020
In a reserve auction, the seller sets an undisclosed price the farm must reach before it can sell. In absolute auctions, the seller guarantees that the land will sell to the highest bidder regardless of the price.
by webspec_admin | May 5, 2020
All types of auctions work well. Advertising for all auctions is identical. The primary differences between the two types of auctions (apart from one being online) are that online auctions can: Directly connect bidders to the actual land auction to bid through...
by webspec_admin | May 5, 2020
In 2017, approximately 55% of farmland in Iowa was sold via auction and only 17% was sold by listing. The reason for this is that land auctions create an ideal outcome in terms and conditions and price. Auctions bring more money by nature due to the fact that your...
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