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Both Auctions and Listing property have their advantages and there is no one answer that is correct for everyone. Read on and we will attempt to point out the advantages and disadvantages of both methods of marketing your property.

Listing Advantage:

As a Seller - Safety: You can set a price, and though the buyer may want to negotiate, you have the final say. 

As a Buyer: The opportunity to negotiate.

                               Auction Advantage:                              

Auctioned Property

Seller: Auctions create a sense of urgency - Buyers know when the property will sell and must act or loose their chance.

Listed Property

"I'll wait for them to come down" or
"I'm busy now; I'll give them a call when I've finished with...."

Buyer: You know you have a serious Seller.

Timing - Your Schedule - You pick the sale date and the closing date. Can be done in 8 to 12 weeks or less. Eliminates cost of holding the property.

May be on the market for months or years.

Promotions -  We design and implement a campaign to focus on and promote your property.

Your property is lumped in with many being marketed as a group.

Negotiations - None - Eliminated, You set the terms and conditions in advance, You are in Control.

All aspects of the sale must be negotiated.

Buyer - Eliminate coffers and Counteroffers, Less negotiating time.

Pricing - Takes the guesswork out of it. Your property sells at fair market value with no limit on the final sale price.

There is a risk of under pricing the property and selling for less than it is worth or overpricing and have the property remain on the market for a prolonged time.

Buyer - You can buy with confidence, seeing what others are willing to pay and you still are in control of what you pay.

Seller - The Auction process can create a competitiveness among bidder's and Buyers can bid with confidence seeing what others are willing to pay for the property.

 Seller - No limit on the sale price.  When market prices are rising, Auctions lead the way in establishing the new highs in the market.  When markets are declining, Auctions capture the moment. The property sells before values decline further versus following the market down with a listing.

If you are thinking of selling or buying Farm Land or Recreational Property by Private Treaty or Auction, take a look at what Buy A Farm Land and Auction Company can do to expose your property to a world wide audience of Farmers, Investors, and Recreational Buyers.