Why you Should choose Results Realty, LLC to conduct your auction:
Advertising: Results Realty, LLC advertises all across South Central Kansas, 24-7, 365 days a year. This sets us apart from our competitors. Most auction companies only advertise when they get a listing, and the client pays for that advertising. We believe our clients' property needs a comprehensive advertising strategy directed at the land market in South Central Kansas. Websites utilized (nearly 800) are specific to agriculture and recreational land interests, as are the print media. Results has this advertising in effect year round - keeping buyers in contact with us as to what's for sale, what is coming up for sale, values, trends etc.
Our strategy works. Our sales numbers prove it over and over again. You simply cannot achieve the best possible price if you do not reach the right buyer and we have bridged those gaps. One additional note on advertising allowances - Results reimburses our sellers of any funds we did not use in marketing their property. If we go over our budget, we pay the difference. See how many of our competitors will offer you this - NONE.
Market Knowledge: Results Realty, LLC will provide comps specific to what you are wanting to market to make a educated analysis of your property - not hot air of how high it can go and then a big push to get you to sign and write a check. Results Realty, LLC has conducted auctions throughout South Central Kansas. We have produced record-setting values for many of our clients. This just does not happen with the luck of the draw. We work the markets hard; we don't just put out a sign. We direct mail the area, advertise to that specific market, and of course place it on our network of land related websites. We do the preliminary market analysis long before the sale gets advetised so we know what values for the area are and who the buyers for that particular area are.
Land Specific Knowledge: Results Realty, LLC is a Land Company. Over 80% of our sales volume is land transactions. We are very focused on this specific segment of the real estate industry and we plan to stay in this market. In the real estate world of agents, there are very good residential agents, very good commercial agents, and very good land agents. All three of these are very different markets. You most certainly would not hire a commercial agent to handle a house sale, and you most certainly should not hire a residential agent to sell land. I have yet to meet any agent who is proficent in all three of these individual fields, yet many auctioneers claim to specialize in house wares, blue glass ware, farm machinery, antiques, collectibles, and commercial, residential and agricultural land sales, this is hard to imagine that one person can be such a authority in all of these different markets!!!!!!!
All of the above mentioned are totally different markets with completely different areas of expertise and advertising exposure. Results is not a personal property auction house. We are not in the farm machinery business. We are in the LAND BUSINESS.
Compare before you sign: Results Realty, LLC offers much more than I am publishing on our site. I am confident of the services we provide, and you simply will not find a company that offers the marketing and promotion that our company does. There are plenty of big promises out there, but performance and service speak volumes above the rest. Give us a call - you will see the difference.
About Auctions:
What will you need to bring to the Auction? Your check book. We require the sucessful bidder to write a check in the amount of 10% of the contract price the day of the sale. This is considered earnest money. It is non-refundable and does apply to final closing costs. When you bid at the auction, all details have been announced. Results furnishes complete information packs prior to the sale. Both hard copy and digital copies are made available at least 30 days prior to the sale. Auction sales are not contingent on financing, but the buyer needs to be ready and able to close in 30 days or less. If the buyer is exersising a 1031, let us know as soon as possible so we can have the additional contract prepared.
Will I be able to understand what is going on at the auction? Will the bidding be clear? YES. Land auctions are different than livestock or personal property auctions. We announce all terms and conditions of the contract prior to starting with bidding There will be no unanswered questions, and we have complete date appropriate to that property, taxes, aerials, soil types, title binder, water data if applicable etc. We will take a recess if a buyer needs one to contract their lender or partner to make a decision, at which time, we will announce what the bid is at that time. You will know where we are with the bidding.
Buyer Broker Representation - Results does not pay a buyer broker compensation, however, we certainly have no problem with a buyer being represented. You will need to compensate your agent.
Results Realty, LLC will make the sale very clear - No dog and pony shows of combining, mixing and matching of parcels unless previously advertised. We have conducted many multi-parcel sales. We sold them on a per tract basis, giving everyone an equal chance on each parcel, rather than combining and leaving only one person at the top to take out all of the other bidders. We firmly believe this gives a much more level playing field for all buyers and results in higher per tract values for our sellers.
What are the Advantages of a Auction?
Buyers
- All Buyers have equal opportunity to bid and buy
- All pertinent information about property has been researched for your review
- Speed and efficiency of purchase
- You determine the price that you are willing to pay
Sellers
-Auctions give you a timeline to work with-perhaps you have another property you want to exchange into and need a definite timeline to excersise a 1031 Exchange.
-Reduces holding costs
-Creates a sense of urgency to buyers
-No Contingencies- No inspections cost to the seller
-No Ceiling price - your property may very well sell for more than you expected
-No Financing contingencies - buyers have come prepared to buy that day
-Closing in 30 days or less after the auction
