10 Reasons Land Auctions Work

  1. Competitive Bidding: Our Land Auctions are designed to generate competitive bidding among potential buyers, which helps ensure that the final selling price is equal to, or exceeds, the true fair market value of the property.
  2. Faster Sales Process: Auctions are held on a set date, which can help create a sense of urgency among potential buyers and facilitate a faster sales process.
  3. Transparent Process: Auctions are public events where all bidders have equal access to the property. This can help ensure that the sale is fair and that everyone has an equal opportunity to bid on the property.
  4. Wide Exposure: Our Auctions are marketed to a local, regional, and nationwide audience, including farmers, investors, developers, trust managers, corporations and potential homeowners. This will maximize the exposure of your property and attract a larger pool of potential buyers.
  5. Aggressive Marketing: We execute a 60-day, all out blitz when marketing our auctions. By utilizing our land auction service and marketing resources, the seller will receive the broadest possible exposure for their property.
  6. Seller Control: The seller has the ability to set minimum bid amounts and auction conditions, giving them more control over the sales process.
  7. No Contingencies: Auctions typically require a non-refundable deposit from the winning bidder, and payment in full at closing. This avoids issues with financing or loans falling through.
  8. Quick Closing: Auctions typically have a quick closing timeline, which can help sellers avoid carrying costs and other expenses associated with a longer sales process. You choose the auction date and the closing date!
  9. No Negotiations: The auction method eliminates the need for negotiations, as the highest bidder wins the property.
  10. Cash Transaction: Auctions are typically cash transactions, or the buyers are preapproved, which can help ensure a smooth and hassle-free closing process.

Overall, the auction method can be an efficient and effective way to sell land, providing a transparent and fair sales process, a wide audience of potential buyers, and a quick closing timeline.

Learn more about Dennis at: https://premierlandsales.com/dennisprussman/

Author: Dennis Prussman

Dennis is considered one of the nation’s top land agents. In 2021, he ranked number 3 nationwide in total land sales, with $46 Million sold. His experience includes thirty years of Internet advertising with a focus on real estate. view listings: http://www.PremierLandSales.com, social media: https://www.facebook.com/LandByDennis

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