270-528-3683

Hardyville, Ky 270-528-3683
 

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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.

 

     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.

 

     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.

 

     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.

 

     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.

 
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

     
2 108

115,000

202

117,000

108

119,000

202

121,000

         
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

         
5 182

125,000

216

127,000

182

129,000

216

131,000

         
6 115

110,000

216

112,000

115

114,000

216

116,000

         
7 120

105,000

218

107,000

120

109,000

218

111,000

120

113,000

218

116,000

     
                   

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