What is the best time of the year to sell?
The optimal time of year to sell the farm is early Spring or late Fall. Spring Sales allow the Farmer to plan their crop rotation and time to prepare the land for planting. The Fall market is also an ideal time to sell, as it allows the existing crops to be harvested, and gives Buyers time to plan and prepare for the next season.
What is the difference between an Auction and Tender?
The Terms of Sale for both Auction and Tender are virtually identical. The primary difference is the transparency. The Auction method is a public process whereby the bidding is open to those in attendance – Buyers can see who they are bidding against, and the Bid price is known. The Seller must deal with the highest bid (Subject to Reserve). In the Tender process, the Buyers do not have the knowledge of who is bidding, or the Bid Price. The advantage to the Seller, is they can pick and choose to whom they want to sell the Farm – at the Sellers’ discretion. They can also make their decision privately, and not in the public eye of an Auction Sale. The primary benefit to both Buyers and Sellers, is the notion of a “level playing field.” Everyone interested in buying the Farm will have an equal opportunity to buy!
Who decides the best Method of Marketing?
We look at all factors surrounding a potential sale, consult, and advise the Seller on what we believe is the best method of marketing for the sale of the property. However, the decision always rests with the Seller. Our role is to work in the best interests of the Seller.
Do you sell Farm Equipment as well?
Yes! We have sold entire lines of farm equipment on site at the farm either in conjunction with the farm property sale, or on a separate date following the farm sale.