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We will begin by
determining the amount of advertising needed to best market your
property and this will include a brochure to be mailed to a selected
list of prospects as well as placed on our web site. Signs will
be placed on the property well in advance of the auction indicating
the date and the time. Personal property will be inventoried and
will be published in all newspaper advertising and brochures. |
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It is our goal to sell
property for all our clients as profitably, conveniently, and as
quickly and to make the transition as easy and professional as
possible for the seller, purchaser, and other participants; and still
obtain the optimum sales for our seller. We have found a
Marketing Multi-Par Bidding System to be the most effective way to
accomplish this task. |
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With the Multi-Par Bidding
System, Round 1 establishes the traditional auction sales price.
Round 2 allows a potential buyer to bid on a combination of two or
more parcels of real estate. The bids must be increased in
increments of $1,000.00 over the top bid in Round 1. Round 3
allows the prospective buyer with high bid in Round 1 to increase his
bid over the bidder in Round 2, again in increments of $1,000.00.
This process continues in Rounds until the prospective buyers no
longer want to increase their bids. |
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This Multi-Par Bidding
System used in our Auction Method of Marketing allows prospective
buyers to purchase land in any group they desire such as the entire
acreage. This will optimize the interest of large investors who
would otherwise not be interested in small tract purchases; however,
this in no way eliminates single tract buyers who help create a more
competitive bidding atmosphere. |
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Below is an example of a
Multi-Par Bidding Board such as would be seen at an auction. In
the scenario outlined on the board, the traditional auction method
(established in Round 1) would have produced a total sales price of
$820,000 by using the Multi-Par Bidding System, the final sales price
escalates to $884,000 in Round 9, which is the final round. This
increases the proceeds due the seller by $64,000.00 over the
traditional auction method. |
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Track# |
Round 1 |
Round 2 |
Round 3 |
Round 4 |
Round 5 |
Round 6 |
Round 7 |
Round 8 |
Round 9 |
1 |
101 130,000 |
202 132,000 |
101 134,000 |
202 136,000 |
101 138,000 |
202 140,000 |
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2 |
108 115,000 |
202 117,000 |
108 119,000 |
202 121,000 |
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3 |
175 110,000 |
202 112,000 |
175 114,000 |
202 116,000 |
175 118,000 |
202 121,000 |
175 125,000 |
202 127,000 |
175 129,000 |
4 |
162 125,000 |
218 127,000 |
162 129,000 |
218 131,000 |
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5 |
182 125,000 |
216 127,000 |
182 129,000 |
216 131,000 |
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6 |
115 110,000 |
216 112,000 |
115 114,000 |
216 116,000 |
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7 |
120 105,000 |
218 107,000 |
120 109,000 |
218 111,000 |
120 113,000 |
218 116,000 |
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